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RCBC made InstaPay transfers free, with conditions. BSP isn’t impressed.
RCBC joined the zero-fee wave, but its 30-transfer cap has caught the BSP's attention, with a top official saying the setup doesn't comply with the new rules
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rappler.com
RCBC makes InstaPay transfers free as banks cut digital payment fees
RCBC Pulz customers may make up to 30 free InstaPay transfers per month, with a minimum amount of P100 per transaction
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Banks, e-wallets have until July 4 to lower transfer fees – Bangko Sentral
Under the new rules, if transfers within the same bank or e-wallet are free, transfers to another bank or e-wallet should generally cost only the switch fee. For InstaPay, that’s…
