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Asian Banking & Finance·2 min read·easy

Philippine central bank welcomes banks' move to cut fund transfer fees

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Staff Reporter
Philippine central bank welcomes banks' move to cut fund transfer fees
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The Bangko Sentral ng Pilipinas has praised local banks for reducing or eliminating fees on digital interbank fund transfers. This initiative aims to increase the accessibility and affordability of digital financial services for Filipinos.

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Published: 9 minutes ago Jonas Leupe via Unsplash. Philippine central bank welcomes banks' move to cut fund transfer fees An earlier circular directed banks to bring interbank transfer fees to zero.

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Philippine central bank welcomes banks' move to cut fund transfer fees — Headlinne — headlinne