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. 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. The Bangko Sentral ng Pilipinas however later urged all entities under its regulation to waive such fees to encourage the public to use online banking amid the COVID-19 pandemic. Read more in our articles including "BPI, other Philippine banks to resume fees for online transfers" and "Kickstart invests in online learning platform Kalibrr".
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Mar 25, 2026According 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. 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.
The Bangko Sentral ng Pilipinas however later urged all entities under its regulation to waive such fees to encourage the public to use online banking amid the COVID-19 pandemic.
Our coverage of Online Transfer Fees includes: "BPI, other Philippine banks to resume fees for online transfers"; "Kickstart invests in online learning platform Kalibrr"; "BPI partners with Robinsons Retail for barcode cash deposits in stores". Each article provides unique insights and information.