bpi fund transfer

BPI has recently started the charging of fund transfer to other banks via InstaPay and unenrolled BPI accounts. As stated on the bank's online advisory on Facebook, customers will be charged PHP 25 for every fund transfer to other banks via InstaPay. Those who will transfer money to unenrolled  BPI accounts will also be charged PHP 10. This includes transferring funds to an enrolled BPI account and to a BPI account via QR code, paying bills to enrolled merchants, loading prepaid accounts, and topping up to PayMaya and GCash. According to the service advisory released by BPI to its customers, it will resume the fund transfer fees to other banks via InstaPay and PESONet and to unenrolled BPI accounts. Customers may still enjoy BPI to BPI transactions through QR code cash transfer, as well as to enrolled third-party account. BPI President and CEO Cezar Consing, who also heads the Bankers Association of the Philippines, shared that by banks will charge clients for online transfers. Can it really offer fast and safe fund transfers? Read more in our articles including "BPI starts charging fees for fund transfers to other banks, unenrolled accounts" and "BPI, other Philippine banks to resume fees for online transfers".