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BDO, Chinabank, EastWest Waive Transfer Fees for InstaPay and PESONet

Three major Philippine banks eliminate fees to enhance digital transaction accessibility.

MD

Mateo Dela Cruz

July 10, 20263 min read152 views
BDO, Chinabank, EastWest Waive Transfer Fees for InstaPay and PESONet
BDO, Chinabank, and EastWest Bank are waiving transfer fees for digital transactions.
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In a significant move to enhance digital banking services, BDO Unibank Inc., China Banking Corp., and East West Banking Corp. have announced the elimination of transaction fees for domestic fund transfers via These changes come in light of recent regulatory adjustments from the Bangko Sentral ng Pilipinas (BSP), which aims to promote electronic payment systems.