BusinessJuly 21, 2026

BSP Reviews Banks Not Complying with Transfer Fee Reductions

As the Bangko Sentral ng Pilipinas (BSP) examines compliance reports, banks face scrutiny over their transfer fees. Major players have waived charges, but some remain resistant.

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BusinessJuly 3, 2026

RCBC Offers Free InstaPay Transfers as Philippine Banks Reduce Digital Payment Fees

RCBC has announced that its InstaPay transfers will be free starting July 4, 2026, following similar actions by other banks. This move is part of a broader trend among Philippine banks to lower digital payment fees, responding to regulatory guidance.

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BusinessJune 27, 2026

BSP Confirms Philippine Banks Are ‘Well-Positioned’ for Economic Shocks

As Fitch Ratings warns of potential profitability declines for Philippine banks, the BSP reassures the public of their stability. Key metrics indicate a robust banking sector despite external pressures.

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