BPI waives PESONet transfer fees on BizLink

The fee waiver is available to both existing and new BPI BizLink corporate clients, enabling businesses to transfer funds to accounts in other banks at no cost. By eliminating transfer fees, BPI aims to help companies reduce operating expenses while making payments more convenient and cost-efficient.

Through Pay Non-BPI, businesses can securely send payments to suppliers, service providers, employees, and other beneficiaries via the PESONet network, allowing them to streamline their payment processes while enjoying greater savings.

The initiative builds on BPI’s broader effort to make digital transactions more affordable. On July 1, BPI permanently waived fund transfer fees via InstaPay and PESONet across the BPI app, online banking, VYBE, BanKo, and BizKo, in line with BSP Circular No. 1238, Series of 2026, which promotes reasonable and fair, market-based pricing for electronic fund transfers.

“BPI understands that every peso counts. By waiving PESONet transfer fees through BPI BizLink, we are helping our clients optimize their operations, lower transaction costs, and allow resources to further grow their business,” said Louie Cruz, Head of Institutional Banking at BPI.

Beyond free PESONet transfers, BPI BizLink, the bank’s corporate banking platform, offers flexible payment options designed to support different business needs.

Clients can choose Pay Now for immediate transactions, Pay On for future-dated payments, or Pay Every for recurring transactions, making it easier to manage cash flow and automate routine disbursements.

For transfers between BPI accounts, BPI BizLink also offers the Pay BPI feature, which allows clients to transfer funds at no cost.

Businesses interested in enrolling in BPI BizLink may contact their Relationship Manager, call the BPI BizLink Hotline at (+632) 8790-1400 during banking days, or email bizlink@bpi.com.ph.