List: PH Banks With Free InstaPay and PESONet Transfers After BSP Fee Rules
Several Philippine banks and electronic wallet operators have eliminated or adjusted their digital transaction costs in response to a central bank mandate requiring financial institutions to lower retail fund transfer charges. The fee adjustments follow the Bangko Sentral ng Pilipinas (BSP) issuance of Circular No. 1238 and Memorandum No. M-2026-025, which require market-based pricing mechanisms…
