PNB waives InstaPay, PESONet fees via PNB Digital starting July 10

• IN PHOTO: PNB President and Chief Executive Officer Edwin R. Bautista.

Philippine National Bank (PNB) will waive InstaPay and PESONet fees for domestic fund transfers made through PNB Digital starting July 10, 2026, as part of its 110th anniversary celebration.

In a post on its official Facebook page, PNB said customers may enjoy ₱0 InstaPay and PESONet fees for domestic fund transfers via PNB Digital beginning July 10.

The bank said the move is part of its early commemoration of its 110th year.

“As we celebrate PNB’s 110th anniversary, we want to give back to the customers who have placed their trust in us through the years,” PNB President and Chief Executive Officer Edwin R. Bautista said.

“Waiving transfer fees is one way we can make banking more convenient and help more Filipinos move their money with greater ease and confidence. It reflects our continuing commitment to accessible, inclusive, and customer-centered banking,” he added.

The announcement adds PNB to the growing list of banks moving to reduce or remove fees for digital fund transfers, as more customers rely on mobile banking for sending money to other banks and e-wallets.

InstaPay is commonly used for real-time fund transfers, while PESONet is used for electronic fund transfers that are typically processed in batches.

The bank also reminded customers that deposits are insured by the Philippine Deposit Insurance Corporation up to ₱1 million per depositor. PNB is regulated by the Bangko Sentral ng Pilipinas.