Zero Fees is the New Trend in Philippine Digital Finance
More banks in the Philippines are now waiving fund transfer fees for InstaPay and PESONet transactions, with Bank of the Philippine Islands (BPI) leading the way by permanently eliminating charges starting July 1, 2026. “We expect more banks to follow,” said Bangko Sentral ng Pilipinas’ (BSP) Governor Eli Remolona Jr., highlighting the central bank’s push for fair pricing, transparency, and wider digital financial inclusion. Growing Trend […]
BSP Unveils Book on Resilience in the PH Financial System: How Much Has Changed?
Bangko Sentral ng Pilipinas (BSP) formally launches the book entitled “Risk and Resilience in the Philippine Financial System”, narrating four decades of Philippine financial crises and how each reshaped the country’s sense of strengths and weaknesses. The book launch brought together some of the country’s most respected financial leaders. Among those in attendance were former BSP governors Jose Cuisia Jr., Amando M. […]