Banks with waived PESONet and InstaPay fees

The Banko Sentral ng Pilipinas (BSP) has released an updated list of banks with waved PESONet and InstaPay fees.

A couple of banks have extended the duration of waved fees when you transact with them through PESONet and InstaPay services. You can check the list below.

Updated: March 31, 2021

Banks with waived PESONet fees

Until June 30, 2021

• China Bank Savings
• China Bank Corporation
• Land Bank (Retail clients)
• Equicom Savings Bank (Retail clients)
• Philippine Business Bank
• Metrobank
• PS Bank
• Rural Bank of Guinobatan
• Robinsons Bank (PHP 1 fee for retail clients)
• Rural Bank of Guinobatan

Until December 31, 2021

• CIMB Bank Philippines
• Asia United Bank
•  Citibank (Retail clients)
• Development Bank of the Philippines
• CTBC Bank Philippines
• East West Rural Bank
• East West Bank
• ING Bank, N.V.
• HSBC (Retail clients)
• HSBC Savings Bank (Retail clients)
• Union Bank (Retail clients)

Banks with waived InstaPay fees

Until April 20, 2021

• Security Bank (via SB online)

Until April 30, 2021

• East West Bank

Until June 30, 2021

• China Bank Savings
• China Banking Corporation
• Land Bank (retail clients)
• Equicom Savings Bank (Retail clients)
• PBCOM (PHP 1 fee for retail clients)
• Metrobank
• Robinsons Bank (PHP 1 fee for retail clients)
• PS Bank
• Rural Bank of Guinobatan
• Union Bank

Until December 31, 2021

• Development Bank of the Philippines
• Asia United Bank
• ING Bank, N.V.
• RCBC via DiskarTech mobile app