#bank transfer charges

That means faster transfers but possibly added fees depending on the partner bank or e-wallet. SeaBank also clarified that it won’t charge users any fees when using the app’s Mobile Banking page to transfer funds. Still, users are advised to check with their own bank or e-wallet for any extra costs or transfer limits on their end. Metrobank has announced a significant reduction in its InstaPay transfer fees, introducing a new flat rate of ₱8 per transaction beginning February 1, 2026. Previously, Metrobank charged ₱25 per InstaPay transfer, although the bank had waived fees for transactions worth ₱1,000 and below over the past year. The updated fee applies exclusively to transactions made through the new Metrobank App, prompting the bank to advise customers to update their app to the latest version to ensure the revised charges are reflected properly. The move positions Metrobank among local banks offering more affordable digital transfer options, as competition continues to intensify in the Philippine digital banking space. In a Facebook reel, GoTyme Bank has announced that they now offer 20 free InstaPay transfers per month. Read more in our articles including "SeaBank shifts to InstaPay as default for linked cash-ins, P15 fee applies to non-InstaPay transfers" and "Metrobank cuts InstaPay transfer fee to ₱8 flat starting February 1".