The Bangko Sentral ng Pilipinas has approved the new rules for interbank transactions such as withdrawal and balance inquiry via ATM. The fees for these interbank transactions will be increased by various banks but will remain free for ATM cardholders if done through their own banks.
Please refer to the table below for the list of banks and their new corresponding fees:
Photo Credits: Negrosanon Palanggaon
For LandBank ATM cardholders, the interbank withdrawal will be P10 and P1 for balance inquiry.
"Banks competing with one another to attract non-clients to use their ATMs by disclosing fees and providing more reliable service would make the Philippine ATM system expand and be more efficient ultimately, benefit consumers," a statement from the BSP.
NEW INTERBANK ATM TRANSACTION FEES
Reviewed by Teachers Click
on
April 11, 2021
Rating:
Reviewed by Teachers Click
on
April 11, 2021
Rating:
No comments: