Rizal Commercial Banking Corp. (RCBC) will eliminate transaction fees for real-time fund transfers through the InstaPay network starting July 4. The policy update applies to transactions executed via its digital banking applications, RCBC Pulz and RCBC DiskarTech (, according to statements posted by the lender on July 3. The announcement follows a similar decision by the Bank of the Philippine Islands (BPI), which permanently waived its InstaPay and PESONet transfer fees effective July 1. Pricing Structures and Account Limits Under the new guidelines, retail users of the RCBC Pulz application can execute up to 30 free InstaPay transactions per month. …


