Freeman Cebu Business

PSBank waives online transfer fees until June

Ehda M. Dagooc - The Freeman

CEBU, Philippines —  To encourage depositors to make banking transactions online, the Philippine Savings Bank (PSBank) further extends the waiving of fees for transactions made via its accredited electronic fund transfer service providers.

The Metrobank consumer banking arm made online transactions via PesoNet and InstaPay free of charge until June 30, 2021.

“Our top priorities always include customer safety and convenience. That is why we want to ease their worries as much as we can--especially in these challenging times--mainly through extending the waived fees for mobile and online transactions until mid-year,” said Emmanuel Tuazon, PSBank Senior Vice President and Marketing Group Head.

PSBank aims to continue to encourage customers to take advantage of the opportunity of sending money to other banks for free as well as do #SafePSBanking from home using its mobile and online channels for easier and safer transactions, amid the continued surge of COVID-19 cases in the country.

This announcement succeeds the bank’s implementation of shortened banking hours in all its branches nationwide, from 8:30AM to 3:00PM, starting March 26, 2021.

Clearing cut-off for check deposits will be at 3:00PM.

Few exceptions to this operational adjustment include the Cavite-Imus Lancaster and Cebu Lapu-Lapu branches (9:30AM to 4:00PM) and Cebu Consolacion branch (9:00AM to 3:30PM).

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