UPDATED LIST (as of 17 December 2021):

Here is the list of banks and e-money issuers with waived PESONet and InstaPay fees.


LIST: Banks and e-money issuers with waived PESONet and InstaPay fees


πŸ“†Until December 31, 2021 - PESONet
☑ Asia United Bank
☑ Bank of Florida
☑ CIMB Bank Philippines
☑ China Banking Corporation
☑ China Bank Savings
☑ Country Builders Bank
☑ CTBC Bank Philippines
☑ Development Bank of the Philippines (over-the-counter)
☑ East West Bank
☑ East West Rural Bank
☑ Equicom Savings Bank (retail clients)
☑ HSBC (retail clients)
☑ HSBC Savings Bank (retail clients)
☑ ING Bank,  N.V.
☑ Malayan Savings Bank
☑ Philippine  Business Bank
☑ Philippine Trust Company
☑ Philippine Veterans Bank
☑ Rural Bank of Guinobatan
☑ Union Bank (retail clients)

πŸ“†Until December 31, 2021 - instaPay
☑ Asia United Bank
☑ Camalig Bank
☑ China Banking Corporation
☑ China Bank Savings
☑ East West Rural  Bank
☑ Equicom Savings Bank (retail clients)
☑ ING Bank, N.V.
☑ Malayan Savings Bank
☑ RCBC via DiskarTech mobile app
☑ Robinsons  Bank (P1.00 for instaPay transfer for retail clients until December 31, 2021)
☑ Rural Bank of Guinobatan

πŸ“†Until March 31, 2022 - instaPay
☑ GrabPay