BPI Now Charging P50 for Bank Transfers via Instapay
Bank of the Philippine Islands or BPI is currently getting buzz right now with the announcement of new charages for various features including bank transfers.
So according to recent announcements, bank transfers will be have an additional charge of 50 pesos when you use Instapay. P10 will also be charged for transfers to unenrolled 3rd party account.
You can check out the other stuff that will have new charges in the photo below:
There are several workarounds posted by Netizens though but that would involve enrolling accounts into the mobile banking system which (a) will take days (b) such a big hassle because you have to personally visit your branch to get started.
What do you guys think? I remember you don’t get this much hassle transfering funds from GCash to your bank account. Maybe you may want to try that as well.