#bpi transaction fees

BPI has announced that it has postponed the implementation of its Peso cash deposit and withdrawal transaction fees to January 2019. BPI has issued a statement dated July 4, 2018, announcing that it is suspending the implementation of new transaction fees for certain over-the-counter Peso cash deposit and withdrawal transactions. In the previous announcement, starting September 1, 2018, BPI and BPI Family Savings Bank clients will be charged Php100 for over-the-counter withdrawal transactions made from ATM accounts and inter-regional Passbook accounts. Below is the full copy of the statement: MEDIA STATEMENT | July 4, 2018 We understand our clients’ concern on our Bank Anywhere facility, in light of our decision to update fees for certain over-the-counter Peso cash deposit and withdrawal transactions effective September 1, 2018. We have decided to postpone the implementation of the branch transaction fees for Peso cash deposits and withdrawals to January 2019. Fees for transactions other than Peso deposits and withdrawals will take effect on September 1, 2018, as previously announced. Bank of the Philippine Islands (BPI) will permanently remove transfer fees for InstaPay and PESONet transactions made through its digital banking platforms starting July 1. The removal of transfer fees comes ahead of BPI's 175th anniversary on Aug. Read more in our articles including "BPI postpones implementation of new transaction fees to January 2019" and "BPI to remove InstaPay, PESONet transfer fees starting July 1".