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.
BSP Challenges GCash and Maya on P10 Transfer Fees
The Bangko Sentral ng Pilipinas is questioning GCash and Maya over their P10 transfer fees. This comes as banks have begun to eliminate transfer charges, raising expectations for the e-wallets to follow suit.
RCBC Offers Conditional Free InstaPay Transfers, BSP Raises Eyebrows
The Rizal Commercial Banking Corporation's latest move to provide free InstaPay transfers raises questions from the Bangko Sentral ng Pilipinas. With a monthly limit and conditions, how does this align with new regulations?
![[Finterest] BSP Ends Freeze on Digital Transfer Fees: What to Expect Next?](https://cdn.perapulse.com/images/articles/finterest-bsp-ends-freeze-on-digital-transfer-fees-what-to-expect-next.webp)
[Finterest] BSP Ends Freeze on Digital Transfer Fees: What to Expect Next?
The Bangko Sentral ng Pilipinas has lifted its freeze on digital transfer fees, raising concerns about potential price hikes. However, the new pricing framework aims to maintain cost-effective transactions.