Are you tired of paying outrageous bank transfer fees every time you need to send money to your loved ones or business partners in the Philippines? Well, you’re not alone!
For years, Filipinos have been plagued by exorbitant fees, making it difficult to send money without breaking the bank. But, we have some great news for you!
In 2023, Instapay Bank Transfer Fees in the Philippines have undergone some significant changes, and we’re here to tell you all about it. Whether you’re a student, an overseas Filipino worker, or a business owner, you deserve to know how to save money on bank transfer fees.
So, sit tight and get ready to learn everything you need to know about the latest updates on Instapay Bank Transfer Fees in the Philippines as of March 2023 published by Bangko Sentral ng Pilipinas (BSP)
Instapay Bank Transfer Fee 2023
| INSTAPAY | FEES |
| AllBank, Inc. | P15 |
| Asia United Bank Corporation | P8 |
| Bank of Commerce | P15 – P25 |
| Bank of the Philippine Islands (BPI) | P0 – P25 |
| BDO Unibank, Inc. | P25 |
| BanKo, A Subsidiary of BPI | P0 – P25 |
| Card Bank, Inc. | P12 |
| Cebuana Lhuillier Rural Bank, Inc. | P15 |
| China Bank Savings, Inc. | P10 |
| China Banking Corporation | P10 – P25 |
| CTBC Bank Philippines Corporation | P15 |
| DCPay Philippines | P10 |
| Dungganon Bank, Inc. | P10 |
| G-Xchange Inc. (GCash) | P15 |
| Land Bank of the Philippines | P25 |
| Malayan Savings Bank | P50 |
| Maybank Philippines, Inc. | P30 |
| Metropolitan Bank and Trust Company (Metrobank) | P50 |
| Philippine Bank of Communications (PBCOM) | P15 – P500 |
| Philippine National Bank (PNB) | P20 – P50 |
| Philippine Savings Bank (PSB) | P50 |
| Rizal Commercial Banking Corporation (RCBC) | P10 |
| Robinsons Bank Corporation | P20 – P100 |
| Security Bank Corporation | P15 – P50 |
| Standard Chartered Bank | P50 |
| Sterling Bank of Asia | P15 – P30 |
| Union Bank of the Philippines | P10 – P100 |
| Wealth Development Bank Corporation | P30 – P100 |
| Zybi Tech, Inc. | P30 |