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Finance chief wants OFWs to pay less in money transfer fees
Finance Secretary Frederick Go wants international remittance fees lowered to around 2%, aiming to help OFWs send more money home as August remittances dip.
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BSP: Banking should be more accessible through cheaper digital transfers
The BSP says lower digital transfer fees could encourage financial inclusion, while other barriers such as connectivity, maintaining balances, and financial literacy also need to be addressed.
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News
BPI permanently waives InstaPay and PESONet transfer fees starting July 1
BPI will permanently waive InstaPay and PESONet transfer fees across its digital platforms starting July 1, benefiting millions of customers.
2 min read
Advisories
RCBC Pulz users get 30 free InstaPay transfers monthly starting July 4
RCBC Pulz users can make their first 30 InstaPay transfers each month for free starting July 4, 2026.
2 min read
News
LANDBANK to offer free InstaPay and PESONet transfers starting July 7
LANDBANK will waive InstaPay and PESONet transfer fees starting July 7, 2026, joining the growing list of Philippine banks offering free transfers.
1 min read
News
UnionBank makes InstaPay and PESONet transfers free starting July 7
UnionBank will offer ₱0 InstaPay and PESONet transfer fees through UnionBank Online starting July 7, 2026, along with several other free digital payment services.
1 min read
News
PNB waives InstaPay and PESONet fees starting July 10
PNB will offer free domestic InstaPay and PESONet transfers through PNB Digital starting July 10, 2026, ahead of its 110th anniversary.
1 min read
News
House urged banks to cut transfer fees. Some already charge ₱0
The House of Representatives is urging banks and remittance centers to lower or waive transaction fees, as some digital banks already offer zero-fee transfers.
1 min read
Advisories
Good news for families with loved ones in the Middle East: GCash transfer fees are waived until April 30
GCash is waiving international transfer fees from the Philippines to the UAE, Saudi Arabia, Qatar, and Oman until April 30, 2026, with no minimum transfer amount.
1 min read