Philippine Savings Bank (PSBank) has eliminated transaction fees for domestic fund transfers via the InstaPay and PESONet networks effective July 9, 2026. The thrift bank branch of the Metrobank Group announced the policy through an official advisory, stating that the zero-fee structure applies to transactions processed through the PSBank Mobile and Online banking platforms. (Read More: List: PH Banks With Free InstaPay and PESONet Transfers After BSP Fee Rules) Wave of Industry Fee Waivers PSBank’s decision follows a sequence of digital transfer fee adjustments by local commercial and state-run banking institutions. The structural shift across the industry comes after the …


