BSP considers removing fees for online fund transfers

The Bangko Sentral ng Pilipinas (BSP) is exploring the removal of transaction fees for personal electronic fund transfers (EFTs) and payments to small businesses. The proposed changes are part of a circular from the BSP, which aims to update the rules around payment fees. If approved, this change would affect services like InstaPay and PESONet, … Continue reading BSP considers removing fees for online fund transfers