#free InstaPay transfer

UnionBank has removed transaction fees for person-to-person fund transfers made through InstaPay, with the new policy taking effect today, July 7, 2026. The bank announced the update through an official advisory, making InstaPay transfers free for its customers. According to UnionBank, the zero-fee InstaPay service is now part of its list of free digital banking features available through the UnionBank Online app. More banks in the Philippines have been removing InstaPay transfer fees as digital banking services continue to become more competitive. In recent months, several lenders have introduced free real-time fund transfers, giving customers more options for sending money without additional charges. The Land Bank of the Philippines (LandBank) will stop charging fees for InstaPay and PESONet transfers starting July 7, 2026. The free transfer service covers transactions made through InstaPay and PESONet, which are widely used for sending funds between different banks in the country. LandBank is among the banks that have recently announced free interbank fund transfers as more financial institutions continue to expand their digital banking services. Read more in our articles including "UnionBank removes InstaPay transfer fees" and "LandBank to remove InstaPay and PESONet transfer fees starting July 7".