Banks waive fees for instapay and pesonet

Banks that waive fees for InstaPay & PESOnet till March 31

Online transactions have been very helpful during this time of the pandemic. It’s not only fast, easy, and hassle-free but also keeps us safe and protected by staying at home and avoiding crowded places. It is also a good thing that some banks have been so generous and understanding of the current crisis we are facing that they waive fees for Instapay and PESOnet transactions.

Check out if one of your banks is included in the list.

Banks that waive fees for Instapay and PESOnet

The Bangko Sentral ng Pilipinas releases the updated list of banks that are extending their waiver of fees for InstaPay and PESOnet transactions.

Last Updated on January 5, 2021:

Until January 31,2021

  • AllBank, Inc
  • Cebuana Lhuillier Rural Bank
  • East West Bank (InstaPay only)
  • RCBC via online Banking

Until March 31, 2021

  • Asia United Bank
  • Binangonan Rural Bank
  • China Bank Savings
  • China Banking Corporation
  • CTBC Bank (Philippines) Corporation (InstaPay Only)
  • East-West Rural Bank (InstaPay only)
  • Equicom Savings Bank
  • Gpay
  • Land Bank of the Philippines
  • Metrobank
  • Philippine Bank of Communications (P1.00 fee for InstaPay)
  • Philippine Business Bank
  • Philippine National Bank
  • Philippine Veterans Bank
  • PS Bank
  • Robinsons Bank (P1.00 fee for InstaPay)
  • Security Bank
  • Sterling Bank of Asia
  • Union Bank of the Philippines

Until June 30, 2021

  • Rural Bank of Guinobatan

Until December 31, 2021

  • CIMB Bank Philippines
  • Citibank
  • CTBC Bank (Philippines) Corporation (PESOnet only)
  • Development Bank of the Philippines
  • East West Bank (PESOnet only)
  • East West Rural Bank (PESOnet only)
  • HSBC
  • HSBC Savings Bank
  • ING Bank, N.V.
  • RCBC via DisKarTech mobile app
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Source: Bangko Sentral ng Pilipinas

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