Infographic by Metrobank.
Metrobank reduces its InstaPay transfer fee to P8 starting February 1, 2026, making it one of the most competitive rates in the market.
The move lowers the previous P25-per-transaction fee and aims to encourage wider use of digital payments among retail and small business clients.
Transfers made via InstaPay or between Metrobank accounts remain free of charge.
Ramon Del Rosario, Metrobank head of consumer business, says the reduced fee “makes digital payments more convenient for our customers” and supports daily financial activities.
InstaPay enables instant transfers to accounts in other banks and participating e-wallets, offering a faster and safer alternative to traditional transactions.
The fee cut builds on Metrobank’s digital banking initiatives, including last year’s launch of eSavings accounts for first-time clients, allowing account opening and management entirely through the Metrobank App.
As the country’s second-largest private bank by assets, Metrobank continues expanding digital services to provide secure, accessible, and cost-efficient financial solutions.