The adaption of online banking has greatly increased in the past few years as people resort to a more convenient way to settle money transactions.

Now, you can easily transfer money to a friend, family, or merchant with the tip of your fingertips. No need to go out, spend money on gas/commute, and waste your time in long lines just to deposit or send money.

This is all thanks to banks and financial services offering online bank transfers through their respective mobile apps and websites.



To handle digital money transfers, these banks use the help of InstaPay and PESONet. And as you might expect, these money transfers come with a fee. Some of the fees might be a lot, but considering the time and money you’d be saving compared to over-the-counter transactions, they are actually worth it.

Now, the question is, how much are the digital transfer fees of banks in the Philippines? Check out the list we’ve prepared below to find out.

Online Bank Transfer Fees via PESONet

Banks Transfer Fees
AllBank, Inc. Php25
Australia and New Zealand Banking Group, Ltd. Php400
Asia United Bank Corporation Php8
Al-Amanah Islamic Investment Bank of the Philippines Php55-Php110
Bank of the Philippine Islands (BPI) FREE-Php50
BDO Unibank Php50
Bank of America, N.A. Php20-Php2,100
Bank of Commerce Php15-Php25
Bank of Florida Php50
Bank of Makati Php50-Php300
Bangkok Bank Public Co. Ltd. Php150-Php250
BanKo, A BPI Subsidiary FREE-Php50
BDO Network Bank Php100-Php500
Cathay United Bank Co., Ltd. (Manila) Php200
Camalig Bank, Inc Php20-Php500
China Bank Savings Php20-Php50
Cebuana Lhuillier Rural Bank Php50
Citibank Php20-Php200
China Banking Corporation Php20-Php200
CTBC Bank Philippines Corporation Php25
Deutsche Bank AG Php10-Php2,000
DCPay Philippines Php0-Php5
Dungganon Bank, Inc. Php10
Equicom Savings Bank (retail) Php15
First Consolidated Bank, Inc. Php15-Php550
Innovative Rural Bank Php150
Industrial Bank of Korea Php200
JP Morgan Chase Bank, N.A. Php0-Php125
KEB Hana Bank (Manila branch) USD5
Land Bank of the Philippines Php15-Php150
Malayan Savings Bank Php50
Maybank Philippines Php30
Metropolitan Bank and Trust Company (Metrobank) Php50
Mega International Commercial Bank USD10
MUFG Bank Php250-Php350
Mizuho Bank (Manila) Php50
Philippine Naitional Bank (PNB) Php20-Php50
Philippine Bank of Communications (PBCOM) Php15-Php500
Philippine Trust Company Php50
Philippine Savings Bank (PSB) Php50
Producers Savings Bank Corporation (PS Bank) Php100-Php500
Philippine Veterans Bank Php500
Robinsons Bank Corporation Php20-Php100
RCBC via DiskarTech Php27.50
Rizal Commercial Banking Corporation (RCBC) Php10
Security Bank Corporation Php15-Php50
Standard Chartered Bank Php50
Shinhan Bank Manila Php100
Sumitomo Mitsui Banking Corporation (Manila) Php250
Sterling Bank of Asia Php15-Php30
Tayo Cash Php5
Union Bank of the Philippines FREE-Php100
United Overseas Bank Limited (Manila) Php30-Php100
Wealth Development Bank Corporation Php30-Php100
Yuanta Savings Bank Philippines Php100
Zybi Tech Php30

Online Bank Transfer Fees via InstaPay

Banks Transfer Fees
Asia United Bank (AUB) Php8
AllBank Php15
Bank of the Philippine Islands (BPI) FREE-Php25
Bank of Commerce (BOC) Php15-Php25
BanKo, a BPI subsidiary FREE-Php25
BDO Unibank Php25
Cebuana Lhuillier Rural Bank Php15
Card Bank Php12
China Banking Corporation Php10-Php25
China Bank Savings Php10
CTBC Bank Philippines Php15
Dungganon Bank Php10
Equicom Savings Bank (retail clients) Php15
East West Bank Php10
GCash Php15
Land Bank of the Philippines Php25
Maybank Philippines Php10
Malayan Savings Bank Php15
Metropolitan Bank and Trust Company (Metrobank) Php25
Philippine Bank of Communications (PBCOM) Php20
PayMaya Php15
Philippine Savings Bank (PSB) Php15
Philippine Naitional Bank (PNB) Php15-Php20
Robinsons Bank Corporation Php10-Php25
RCBC via DiskarTech Php27.50
Rizal Commercial Banking Corporation (RCBC) Php8-Php25
Standard Chartered Bank Php25
Security Bank Corporation Php20-Php25
Sterling Bank of Asia Php15
StarPay Corporation Php15
Sun Savings Bank Php10
Tayo Cash Php12
United Coconut Planters Bank (UCPB) Php25
Union Bank of the Philippines Php10-Php30
Wealth Development Bank Corporation Php15
Zybi Tech Php8

List of banks and financial service providers with free online money transfers

via InstaPay

  • GrabPay
  • GPay

via PESONet

  • CIMB Bank Philippines
  • East West Rural Bank
  • HSBC (Retail)
  • HSBC Savings Bank (Retail)
  • Philippine Business Bank (PESONet)
  • Tonik Digital Bank
  • Union Bank

That’s pretty much it. These are the list of bank fees for online transfers in the Philippines. We’ll update this article once we spot some changes.

This article, LIST: Online bank transfer fees in the Philippines, was originally published at NoypiGeeks | Philippines Technology News, Reviews and How to’s.