BDO waives send money fee on Instapay

ABS-CBN News

Posted at Mar 18 2020 09:43 AM

MANILA -- BDO Unibank said Wednesday it was waiving charges on transfers made via Instapay from March 18 to April 15 to help clients cope with the COVID-19 lockdown.

The country's largest lender, however, has not made a statement on due dates for loan payments as of 9:30 a.m. Those who want to avail of free send money via Instapay should enroll on the BDO website, it said.

"Whether it’s sending money to relatives far away, helping out in donation drives or making essential purchases, all SEND MONEY transfers made via Instapay will be free of transfer charge from March 18 - April 15, 2020," it said.

InstaPay, under the Bangko Sentral ng Pilipinas, allows instant money transfers between banks.