Tag page - Transfer fees

CEBU CITY – Unlike other financial institutions, GCash, the largest e-wallet in the country, is not yet ready to waive off transfer fees. The company, however, has reduced its transfer fee from P15 to P10 and is exploring additional cuts. Michelle Fernandez, GCash Head of Corporate Sustainability...

There has been much joy and celebration as banks and e-wallets have started waiving transfer fees for InstaPay or PESONet transfers (online money transfers). If the transfer fee was not waived, then a number of free transfers or a lower transfer fee was announced. If, after your celebratory dance,...

Banks and e-wallets have been playing catch-up in announcing zero transfer fees, free transfers, or a lower transfer fee, and consumers are enjoying it. BPI made the announcement first , saying it will waive the InstaPay and PESONet fees on the BPI app, BPI Online, VYBE e-wallet, and BizKo starting...

Malacañang has expressed hope that more banks would follow the lead of the state-run Land Bank of the Philippines (LandBank) in reducing or eliminating digital fund transfer fees to ease the burden on ordinary Filipinos. In a press briefing on Monday, July 6, Presidential Communications Office...