#BPI fund transfer fee

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. 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. With the new pricing structure, all InstaPay transfers—regardless of amount—will now carry the ₱8 service fee, simplifying costs for users. While the fee waiver for small transfers is ending, the lower flat rate may benefit users who frequently move larger amounts. Given the news, BPI will begin charging a PHP 15 fee for cash-in transactions made via InstaPay. Read more in our articles including "BPI, other Philippine banks to resume fees for online transfers" and "Metrobank cuts InstaPay transfer fee to ₱8 flat starting February 1".