BPI permanently keeps reduced PHP 10 InstaPay fee amid strong customer demand

The Bank of the Philippine Islands (BPI), a leader in digital banking innovation, has announced that beginning June 1, 2025, the lower PHP 10 InstaPay transfer fee will become a permanent feature for inter-bank fund transfers made through the BPI app and BPI online. 

This move reflects BPI’s commitment to making digital financial services more affordable for its customers – offering one of the lowest transfer fees in the industry. The bank introduced the PHP 10 InstaPay fee as a promotional rate to encourage customers to use digital platforms to manage their money.  In response to strong customer demand and positive feedback, BPI is making this benefit a permanent feature beyond the initial promotional period. 

"We are committed to making banking more affordable to more Filipinos. The response to our promotion reducing Instapay fee to PHP 10 last March was very positive, as we experienced increased transactions through our online and mobile banking channels," said Maria Cristina “Ginbee” Go,  BPI’s Head of Consumer Banking.  

“Making the PHP 10 InstaPay fee permanent is part of our broader commitment to deliver convenient, secure, and cost-efficient digital services that empower Filipinos to manage their finances more effectively,” she added.  

The bank introduced the PHP 10 InstaPay fee to encourage more customers to use digital platforms for everyday transactions. By making the rate permanent, BPI supports greater financial inclusion and helps customers keep more of their money where it matters—especially when making frequent interbank fund transfers. 

With this update, users can continue to enjoy real-time, low-cost InstaPay transfers anytime, anywhere via the BPI app and BPI online. It’s another step in BPI’s mission to lead the way in digital banking innovation while remaining deeply focused on customer needs. 

Download the BPI app or log in to BPI online today and experience fast, secure, and now more affordable money transfers—permanently at just PHP 10 per InstaPay transaction. 

For inquiries and comments, please send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.