When exactly does the BPI zero-fee policy take effect?

July 1, 2026 — effective starting tomorrow from the date of this article.

Are there any limits on the free InstaPay transfers?

No daily limit on the number of free InstaPay transfers has been announced. PESONet transactions also move to zero fees under the same policy.

Do I need to update my BPI app?

BPI recommends updating to the latest version (released June 25, 2026) before July 1 to ensure the fee waiver applies correctly.

BPI Removes InstaPay and PESONet Transfer Fees Permanently Starting July 1

BPI eliminates ₱10 InstaPay and ₱50 PESONet fees permanently from July 1, 2026, benefiting 9.5 million users under a new BSP fair-pricing mandate.

Clurky•Jun 30, 2026•4 min read•60 views

BPI Bank of the Philippine Islands branding and mobile banking app — BPI's digital banking channels go fee-free for interbank transfers starting July 1. Photo: BPI

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Clurky

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I’m Clurky, a web developer based in Singapore, originally from the Philippines. I track the latest industry shifts, software releases, and hardware trends, cutting through the marketing noise to analyze how these advancements truly impact the user. Drawing on my background in professional web development, I provide a technical, perspective-driven look at the news and emerging technology that shapes our digital world.

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