Lucio Tan’s Philippine National Bank is waiving transfer fees for domestic fund transfers made through its digital banking platform starting July 10, according to a report by Philstar Biz.
The fee waiver covers InstaPay and PESONet transactions, which are commonly used for real-time and batch fund transfers. The move is part of the bank’s 110th anniversary celebration.
PNB clients can now send money to other banks and e-wallets without incurring additional charges through the bank’s mobile app and online banking platform for the duration of the promotion.