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BSP 'trying to shame' banks into waiving fees

THE Bangko Sentral ng Pilipinas (BSP) wants more banks to eliminate fees for minor transactions.For now, three of the major banks have removed the fees on small transfers for up to P1,000, central bank Governor Eli Remolona Jr. told reporters on Thursday.We are trying to shame other major banks into following the same policy, he added.Bank of the Philippine Islands (BPI), Metropolitan Bank & Trust Co. (Metrobank) and UnionBank of the Philippines have waived fees, albeit temporarily, for smal...
Philippine Islands Philippines General The Philippines Bangko Sentral Metrobank Instapay Eli Remolona Jr

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