Guide on the Bank Transfer Fees via PESONet for Public Awareness
BANK TRANSFER FEES VIA PESONET – Here’s a list of fees charged by the different banks in the Philippines for online transfers via PESONet.
Technology has indeed come a very long way. Nowadays, in sending money, you do not have to wait for another day before the recipient could claim it. In fact, you don’t anymore have to leave your home or office when you do. With the online money transfers, you can send money anywhere.
There are several banks in the Philippines offer online money transfer services. The bank transfer fees differ depending on what was set by banks but all transactions are often credited right away.
Also, the bank transfer fees may differ depending if you are sending money through the PESONet or another channel. Here are the charges implemented by the different banks in the country in transferring money through the PESONet.
- Al-Amanah Islamic Investment Bank of the Philippines – ₱55 to ₱110
- AllBank, Inc. – ₱25
- Asia United Bank Corporation – ₱8
- Australia and New Zealand Banking Group, Ltd. – ₱0 to ₱400
- Bangkok Bank Public Co. Ltd. – ₱150 to ₱250
- Banko of America, N.A. – ₱20 to ₱2,100
- Bank of Commerce – ₱15 to ₱25
- Bank of Florida, Inc. – ₱50
- Bank of Makati, Inc. – ₱50 to ₱300
- Bank of the Philippine Islands (BPI) – ₱0 to ₱50
- BDO Unibank, Inc. – ₱50
- BDO Network Bank, Inc. – ₱100 to ₱500
- BanKo, A Subsidiary of BPI – ₱0 to ₱50
- Camalig Bank, Inc. – ₱20 to ₱500
- Cathay United Bank Co., Ltd. Manila Branch – ₱200
- Cebuana Lhuillier Rural Bank, Inc. – ₱50
- China Bank Savings, Inc. – ₱20 to ₱50
- China Banking Corporation – ₱20 to ₱200
- Citibank, N.A. – ₱100
- CTBC Bank Philippines Corporation – ₱25
- DCPay Philippines – ₱0 to ₱5
- Deutsche Bank AG – ₱10 to ₱2,000
- Dungganon Bank, Inc. – ₱10
- Equicom Savings Bank (retail clients) – ₱15
- First Consolidated Bank, Inc. – ₱15 to ₱550
- Industrial Bank of Korea – ₱200
- Innovative Rural Bank – ₱150
- JP Morgan Chase Bank, N.A. – ₱0 to ₱125
- KEB Hana Bank – Manila Branch – $5 (peso equivalent)
- Land Bank of the Philippines – ₱15 to ₱150
- Malayan Savings Bank – ₱50
- Maybank Philippines, Inc. – ₱30
- Mega International Commercial Bank Co., Ltd. – $10 (peso equivalent)
- Metropolitan Bank and Trust Company (Metrobank) – ₱50
- Mizuho Bank, Ltd. – Manila Branch – ₱50
- MUFG Bank, Ltd. – ₱250 to ₱350
- Philippine Bank of Communications (PBCOM) – ₱15 to ₱500
- Philippine Naitional Bank (PNB) – ₱20 to ₱50
- Philippine Savings Bank (PSB) – ₱50
- Philippine Trust Company – ₱50
- Philippine Veterans Bank – ₱500
- Producers Savings Bank Corporation (PS Bank) – ₱100 to ₱500
- Rizal Commercial Banking Corporation (RCBC) – ₱10
- RCBC via DiskarTech mobile app – ₱27.50
- Robinsons Bank Corporation – ₱20 to ₱100
- Security Bank Corporation – ₱15 to ₱50
- Shinhan Bank Manila – ₱100
- Standard Chartered Bank – ₱50
- Sterling Bank of Asia – ₱15 to ₱30
- Sumitomo Mitsui Banking Corporation – Manila Branch – ₱250
- Tayo Cash Inc. – ₱5
- Union Bank of the Philippines – ₱0 to ₱100
- United Coconut Planters Bank – ₱50 to 150
- United Overseas Bank Limited, Manila Branch – ₱30 to ₱100
- Wealth Development Bank Corporation – ₱30 to ₱100
- Yuanta Savings Bank Philippines, Inc. – ₱100
- Zybi Tech, Inc. – ₱30
You may also send money through your GCash account but you have to make sure you have enough funds first. If you are not available within the banking hours, you may cash in money to your virtual wallet and send it to your bank account.
You may visit — GCash Cash In Fee — Guide on Over-the-Counter & Online Service Charges.
