The Banko Sentral ng Pilipinas (BSP) has released an updated list of banks with waived PESONet and InstaPay fees.
A couple of banks have extended the duration of waived fees when you transact with them through PESONet and InstaPay services. You can check the list below.
Updated: April 21, 2022
Banks with waived PESONet fees
Until April 30, 2022
- Country Builders Bank
Until June 30, 2022
- Equicom Savings Bank (retail clients)
Until July 22, 2022
- Rural Bank of Guinobatan
Until December 31, 2022
- Bank of China
- CIMB Bank Philippines
- DBP (over-the-counter)
- East West Bank
- HSBC (retail clients)
- HSBC Savings Bank (retail clients)
- ING Bank, N.V
- Philippine Business Bank, Inc.
- Tonik Digital Bank, Inc.
- Union Bank (retail clients)
Banks with waived InstaPay fees
Until June 30, 2022
- Equicom Savings Bank (retail clients)
Until July 22, 2022
- Rural Bank of Guinobatan
Until December 31, 2022
- ING Bank, N.V.