BPI now charges bank transfers and unenrolled account fund transfers

On its official Facebook page, Bank of the Philippine Islands (BPI) announced that it will now charge bank transfer transactions through InstaPay and unenrolled BPI accounts.

For fund transfers to other banks via InstaPay, users will be charged Php 25.00 for every successful transaction and Php 10.00 for unerolled BPI accounts.

Other bank services will remain charge-free at the moment, including fund transfer to any enrolled BPI accounts (up to 99 accounts) and through QR Codes, Bills payment, loading prepaid accounts, PayMaya and GCash top-ups.