#ge bank

For the past week, all ATM machines of GE Money Bank went offline because of a system-wide crash. The bank has been frantically fixing the problem ever since. The problem started when the bank scheduled a system update which resulted into a crash. GE Money Bank released this notice to the public: ATM services have been restored, GE Money Bank ATM cardholders may claim their new ATM PINs at their branch of account starting Monday, Nov. Filipino consumers looking to avoid interbank transfer fees now have more options than ever. Several banks and e-wallet providers in the Philippines currently offer free InstaPay and PESONet transfers either unli­mited or within set quotas, making digital payments and fund transfers more affordable across different user segments. Here’s a breakdown of banking and e-wallet apps that offer free transfers, including the conditions attached to each. The Bangko Sentral ng Pilipinas (BSP) will begin implementing stricter capital buffer requirements for banks under a new framework aimed at strengthening the country’s financial system. Read more in our articles including "GE Money Bank ATM crashes" and "Here’s where you can get free InstaPay and PESONet transfers in the Philippines 2025".