ATMs, or Automatic Teller Machines, are one of the most used banking facilities in the world, especially in the Philippines. Other than withdrawing cash, ATMs are used in tons of other bank transactions.
But as you know, every transaction comes with a fee. Some are free, while some will cost a few bucks.
Today, we’ll detail all the transactions you can do with an ATM in the Philippines and how much they cost.
Table of Contents
- What transactions you can do at an ATM in the Philippines?
- Bank networks in the Philippines
- What is Acquirer-Based ATM Fee Charging (ABFC)?
- Updated ATM Bank fees in the Philippines
- ATM minimum and maximum withdrawal limits
- Other bank fees
What transactions you can do at an ATM in the Philippines?
- Withdraw Cash
- Balance Inquiry
- Deposit
- Bills Payment
- Transfer between accounts
- Activate Mobile Banking
Bank networks in the Philippines
Interbank networks are entities that essentially allow different banks to facilitate interbank transactions like withdrawing cash in an ATM of a different bank, check balance, and more. You can check the list of bank networks currently operating in the Philippines.
- BancNet
- Megalink
- ExpressNet
What is Acquirer-Based ATM Fee Charging (ABFC)?
The Acquirer-Based ATM Fee Charging, or ABFC, is the fee system imposed on the use of an ATM by the bank or the banking network. The Bangko Sentral ng Pilipinas sets the ABFC for the country to make sure that those who invest and put up such machines do not abuse the fees they charge on every transaction.
Updated ATM Bank fees in the Philippines
There are different fees for different types of ATM transactions. We’ve also listed the other fees that banks charge their customers like dormancy fees, below maintaining balance, as well as withdrawal limits.
ATM withdrawal fees from the same bank
The Acquirer-Based ATM Fee Charging by the Bangko Sentral states that using the ATM of the cardholder’s own bank should be completely free. Otherwise, a charge should be imposed.
This means that, if you’re a BPI account holder, and you plan on withdrawing from a BPI ATM, the transaction should not have any fees.
But if you’re a BPI cardholder withdrawing from a BDO ATM, there will be a service charge.
ATM withdrawal fees using other bank’s ATM
As discussed earlier, withdrawing from your own bank’s ATM is completely free. But, say if you’re a Metrobank cardholder using a BPI ATM, you’ll be charged with a fee.
| Bank | Withdrawal Fees |
| BPI | Php18.00 |
| China Bank | Php16.00 |
| BDO | Php18.00 |
| Landbank | Php10.00 |
| Eastwest Bank | Php15.00 |
| HSBC | FREE |
| Metrobank | Php18.00 |
| Maybank | Php16.00 |
| PSBank | Php10.00 |
| PNB | Php15.00 |
| RCBC | Php18.00 |
| UCPB | Php12.00 |
| Security Bank | Php15.00 |
| UnionBank | Php12.00 |
ATM balance inquiry fees (using other bank’s ATM)
A balance inquiry transaction from your own bank is always FREE. But, checking your balance using the ATM of a different bank comes with a fee, which is listed below.
| Bank | Withdrawal Fees |
| BPI | Php1.50 |
| China Bank | Php2.00 |
| Landbank | Php1.00 |
| BDO | Php2.00 |
| Eastwest Bank | Php1.00 |
| HSBC | FREE |
| Metrobank | Php2.00 |
| Maybank | Php2.00 |
| PSBank | Php1.00 |
| PNB | Php2.00 |
| RCBC | FREE to Php2.00 |
| UCPB | Php2.00 |
| Security Bank | Php2.00 |
| UnionBank | Php2.00 |
Same bank transfer fees (intrabank)
Intrabank transactions mean transferring money to a different account under the same bank. Say, you’re transferring from your BDO account to a friend’s BDO account. You can check the fees below.
| Bank | Transfer Fees |
| BPI | Php10.00 |
| China Bank | FREE |
| Landbank | Php10.00 |
| BDO | Php10.00 |
| Eastwest Bank | Php25.00 |
| HSBC | FREE |
| Metrobank | FREE |
| Maybank | FREE |
| PSBank | FREE |
| PNB | FREE |
| RCBC | FREE |
| UCPB | Php25.00 |
| Security Bank | Php25.00 |
| UnionBank | FREE |
Different bank transfer fees (interbank)
Interbank transfers mean transferring funds to a different account from another bank. For example, you’re a China Bank holder transferring money to a friend that has a Metrobank account.
| Bank | Transfer Fees |
| BPI | Php25.00 |
| China Bank | Php25.00 |
| Landbank | Php25.00 |
| BDO | Php25.00 |
| Eastwest Bank | Php25.00 |
| HSBC | Php25.00 |
| Metrobank | Php25.00 |
| Maybank | Php25.00 |
| PSBank | Php25.00 |
| PNB | Php25.00 |
| RCBC | Php27.50 |
| UCPB | Php25.00 |
| Security Bank | Php25.00 |
| UnionBank | Php25.00 |
Related
ATM minimum and maximum withdrawal limits
Are you on a tight budget and just need a couple of bucks or are you planning on withdrawing large funds for a big purchase? Here’s a list of the default minimum and maximum withdrawals you can make with your bank.
Philippine Banks ATM withdrawal limits
| Bank | Withdrawal Limit |
| BPI | Php100,000 |
| China Bank | Php50,000 |
| BDO | Php50,000 |
| Landbank | Php50,000 |
| Eastwest Bank | Php50,000 |
| HSBC | Php100,000 |
| Metrobank | Php50,000 |
| Maybank | Php50,000 |
| PSBank | Php30,000 |
| PNB | Php50,000 |
| RCBC | Php50,000 |
| UCPB | Php20,000 |
| Security Bank | Php50,000 |
| UnionBank | Php20,000 |
ATM minimum withdrawal amount
Almost all banks in the Philippines have a minimum withdrawal amount of Php100 except BDO, which requires at least Php200 per transaction. If you can’t withdraw the minimum amount, chances are, the ATM is already out of that domination.
Other bank fees
Here are some of the fees banks charge in case you forgot about your bank account.
Charges for below maintaining balance
Most banks and their particular account types impose a fee when the funds remaining in your account have fallen below the Required Monthly Average Daily Balance (MADB). Check them out below.
| Bank | Below Maintaining Balance Fees |
| BPI | Php300.00 |
| BDO | Php300.00 |
| China Bank | Php300.00 |
| Landbank | Php200.00 |
| Eastwest Bank | Php500.00 |
| HSBC | Php1,000 |
| Metrobank | Php300.00 |
| Maybank | Php500.00 |
| PSBank | Php500.00 |
| PNB | Php350.00 |
| RCBC | Php500.00 |
| UCPB | Php500.00 |
| Security Bank | Php300.00 |
| UnionBank | Php1,000.00 |
Dormancy fees
The Bangko Sentral ng Pilipinas (BSP) has a mandate that local banks can only charge a dormancy fee of up to Php30 per month. This applies to bank accounts that have stayed inactive for five years — accounts that haven’t had deposit or withdrawal transactions or have been below the maintaining balance.
These are the ATM bank fees you should remember when transacting with PH banks. Did we miss anything? Share it with us below in the comments and we’ll add it.
I’d like to know why BDO wasn’t included in all the lists.
How come there is no BDO bank on your updated list?