Every Peso Saved is a Peso to be Spent for Needs of Filipino Families
Land Bank of the Philippines has joined BPI and RCBC in permanently waiving fund transfer fees for InstaPay and PESONet, extending the benefit to Overseas Filipino Bank (OFBank) clients worldwide. Starting July 7, 2026, state-owned Land Bank of the Philippines (LANDBANK) announced that all online fund transfers via its mobile banking app and iAccess would be free of charge. This zero-fee policy […]
Building Consumer Confidence: BSP’s Tightens Oversight on Banks and EMIs
The Bangko Sentral ng Pilipinas (BSP) is introducing a risk-based supervisory framework for financial consumer protection, designed to tailor oversight according to each institution’s consumer impact and risk profile. The draft Financial Consumer Protection Risk-and-Impact Supervisory Model (FCPRISM) represents a decisive shift in regulatory oversight of BSP-supervised institutions (BSIs), moving away from traditional compliance checklists toward a dynamic, risk-based model. By […]