BPI has removed transfer fees for InstaPay and PESONet transactions, giving digital banking users a chance to save more on online transfers.

Palace Press Officer Claire Castro welcomed the move, saying it benefits Filipinos who regularly send money online.

She said the decision makes digital transactions faster, easier, and now free of transfer charges.

The move follows Landbank’s earlier waiver of convenience fees for QR Ph government payments until Dec. 31, 2026.

The government said these initiatives aim to make digital financial services more affordable and encourage more Filipinos to go cashless.