#PayMaya to BDO

GCash and PayMaya will start charging fees for online bank transfers starting October 1, 2020. PayMaya also confirmed the lifting of waived fees for bank transfer on the Terms and Conditions page of its website on the same date. Source: GCash Help Center, PayMaya  via ABS-CBN News BDO has sent out a notification alert earlier this month to all its banking subscribers that they will start collecting "transfer fees" on BDO to BDO transactions. Currently, the transfers are free of charge but BDO is shifting to the Php10 per transfer starting March 15, 2017 and also increasing the daily limits to Php50,000. We are pleased to announce that effective March 15, 2017, BDO Online and Mobile Banking customers will enjoy higher limits for Send Money to Any BDO Account and Send Money to a Paycode transactions. Starting March 15, 2017, a fee of Php10.00 will be charged on all Send Money to Any BDO Account and Send Money to a Paycode transactions. (UPDATE as of 1/31/2017, 6:13PM): BDO has issued this advisory on Facebook: "Fund transfer to enrolled BDO accounts will remain free of charge.The new transaction fee shall only apply to Send Money to Any BDO Account and Send Money to a Paycode transactions. Read more in our articles including "GCash, PayMaya to start charging Bank Transfer fees on October 1" and "BDO to charge Php10 to send to any BDO accounts".