More Free Transfers: Major Philippine banks, thrift banks, rural banks, digital banks, and electronic money issuers are now offering zero-fee InstaPay or PESONet transfers based on their latest disclosures to the Bangko Sentral ng Pilipinas. Major Philippine banks, thrift banks, rural banks, digital banks, and electronic money issuers are now offering zero-fee InstaPay or PESONet transfers based on their latest disclosures to the Bangko Sentral ng Pilipinas. Based on disclosures extracted on July 17, 2026, the list covers universal and commercial banks, thrift banks, rural banks, digital banks, and electronic money issuers. Banks and Financial Institutions With Free InstaPay TransfersThe following institutions disclosed waived or zero-peso InstaPay transfer fees for individual customers. These include several of the country's largest banks alongside thrift banks, rural banks, digital banks, and non-bank electronic money issuers.