Category: Bank Accounts

Transfer Money Thru Instapay or PesoNet Instantly

You can now transfer money thru INSTAPAY or PESONET instantly! Just use your online banking and any of your Philippine peso accounts. Choose INSTAPAY,  if you need instant transfer. Any day, any hour. Transfer fee ranges from 5 to 50 pesos. Choose PesoNet,  if you’re not rushing, especially if your bank does not charge anything […]

Best Bank in the Philippines for Savings

The best bank in the Philippines for savings is a well-established bank that offers the biggest interest rate for savings accounts and is located near where you work or live.  But since the interest rates for savings account deposits are now negligible, like 0.25% annually, the best savings account would be an account with incentives […]

Can I Dispute a Below-Maintaining-Balance Penalty?

Someone asked about below-maintaining-balance penalty here on our blog BanksPhilippines.com: Hi po, The below maintaining balance penalty, can this be disputed? Especially if you were not informed about it. Where do you see this information about the penalty? Is it on the application form? Thank you. Our reply: Yes, you can dispute it. But if […]