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News

UnionBank waives fees for InstaPay fund transfers

ByBack End News

Dec 14, 2023

Aboitiz-led Union Bank of the Philippines (UnionBank) is waiving fees for InstaPay fund transfers up to P1,000 this holiday season. 

UnionBank is continuing its policy of waiving all fees for InstaPay fund transfers on transactions up to P1,000 made through the UnionBank Online app. Offering a secure, convenient, and cost-effective means of handing out cash gifts and covering Christmas purchases, this initiative is something UnionBank customers can eagerly anticipate.

UnionBank taps Red Hat on AWS to build cloud-native applications 
UnionBank raises $358 million in syndicated loan facility

UnionBank already boasts some of the most competitive online transfer fees, and this season, the Bank is maintaining zero InstaPay fees for interbank fund transfers up to P1,000 to other banks and e-wallets via InstaPay within the UnionBank Online app. This offer extends to transactions involving QR Ph codes as well.

“We aim for our customers to relish their Christmas celebrations without the burden of steep fees on their fund transfers for both gift-giving and convenient Holiday shopping purchases,” said Albert Cuadrante, chief marketing officer, UnionBank.

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