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Instapay and Pesonet Bank Transfer Fees Philippines 2023

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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 and Pesonet 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 and Pesonet Bank Transfer Fees in the Philippines as of March 2023 published by Bangko Sentral ng Pilipinas (BSP)

INSTAPAYFEES
AllBank, Inc.P15
Asia United Bank CorporationP8
Bank of CommerceP15 – P25
Bank of the Philippine Islands (BPI)P0 – P25
BDO Unibank, Inc.P25
BanKo, A Subsidiary of BPIP0 – P25
Card Bank, Inc.P12
Cebuana Lhuillier Rural Bank, Inc.P15
China Bank Savings, Inc. P10
China Banking CorporationP10 – P25
CTBC Bank Philippines Corporation P15
DCPay PhilippinesP10
Dungganon Bank, Inc. P10
G-Xchange Inc. (GCash)P15
Land Bank of the PhilippinesP25
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 CorporationP20 – P100
Security Bank CorporationP15 – P50
Standard Chartered BankP50
Sterling Bank of AsiaP15 – P30
Union Bank of the PhilippinesP10 – P100
Wealth Development Bank Corporation P30 – P100
Zybi Tech, Inc. P30
PESONET FEES
AllBank, Inc.P25
Asia United Bank CorporationP8
Australia and New Zealand Banking Group, Ltd.P0 – P400
Bangkok Bank Public Co. Ltd.P150 – P250
Bank of America, N.A.P20 – P2,100
Bank of CommerceP15 – P25
Bank of Florida, Inc.P50
Bank of Makati, Inc.P50 – P300
Bank of the Philippine Islands (BPI)P0 – P50
BDO Unibank, Inc.P0 – P50
BDO Network Bank, Inc.P100 – P500
BanKo, A Subsidiary of BPIP0 – P50
Camalig Bank, Inc.P20 – P500
Cathay United Bank Co., Ltd. Manila BranchP200
Cebuana Lhuillier Rural Bank, Inc.P50
China Bank Savings, Inc.P20 – P50
China Banking CorporationP20 – P200
CIMB Bank PhilippinesFREE
Citibank, N.A.P100
CTBC Bank (Philippines) CorporationP25
DCPay Philippines, Inc.P0 – P5
Deutsche Bank AGP10 – P2,000
Dungganon Bank, Inc.P10
East West Rural Bank, Inc.FREE
Equicom Savings Bank, Inc, P15
First Consolidated Bank, Inc.P15 – P550
HSBC (retail clients)FREE
Industrial Bank of KoreaP200
Innovative Rural BankP150
JP Morgan Chase Bank, N.A.P0 – P125
KEB Hana Bank – Manila Branch$5 (PHP equivalent)
Land Bank of the PhilippinesP15 – P150
Malayan Savings Bank, Inc.P50
Maybank Philippines, Inc.P30
Mega International Commercial Bank Co., Ltd.$10 (PHP equivalent)
Metropolitan Bank and Trust Company (Metrobank)P50
Mizuho Bank, Ltd. – Manila BranchP50
MUFG Bank, Ltd.P250 – P350
Philippine Bank of Communications (PBCOM)P15 – P500
Philippine Business Bank, Inc.FREE
Philippine National Bank (PNB) P20 – P50
Philippine Savings Bank (PSB)P50
Philippine Trust CompanyP50
Philippine Veterans BankP500
Producers Savings Bank CorporationP100 – P500
Rizal Commercial Banking Corporation (RCBC)P10
Robinsons Bank CorporationP20 – P100
Security Bank CorporationP15 – P50
Shinhan Bank ManilaP100
Standard Chartered BankP50
Sterling Bank of Asia, Inc.P15 – P30
Sumitomo Mitsui Banking Corporation – Manila BranchP250
Tonik Digital BankFREE
Union Bank of the Philippines (retail clients)FREE
Wealth Development Bank CorporationP30 – P100
Yuanta Savings Bank Philippines, Inc.P100
Zybi Tech, Inc.P30

So, there you have it! Now that you’re armed with the latest information on Instapay and Pesonet Bank Transfer Fees in the Philippines for 2023, you can save some serious moolah! You can now do it with ease and without breaking the bank! So, get ready to say goodbye to those pesky fees and hello to faster, cheaper, and more convenient bank transfers. It’s time to celebrate! So, go ahead and treat yourself to a cup of coffee or a bowl of halo-halo – you deserve it! And don’t forget to spread the word to your fellow Filipinos so they can enjoy these awesome updates too. Until next time, happy banking, and keep saving!

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2 replies on “Instapay and Pesonet Bank Transfer Fees Philippines 2023”

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