Bank of Commerce Offers Free InstaPay and PESONet Transfers Starting July 17
Bank of Commerce will offer free InstaPay and PESONet fund transfers starting July 17, 2026, through its mobile app and online banking platform.
Finance
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More Banks Could Waive Fees Under New BSP Transfer Fee Rules
Still paying to send money to another bank? New BSP rules could mean lower—or even zero—transfer fees are on the way.
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Maya InstaPay Transfer Fee Drops to ₱10 This July
Sending money from Maya to another bank is about to get a little cheaper. The Maya InstaPay transfer fee will drop from ₱15 to ₱10 starting July 6, 2026.
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Businesses · Finance · News · Philippines · What's New?
Milestone or Mirage? The Philippines Upper-Middle Income Status
On July 1, 2026, the World Bank officially reclassified the Philippines as an Upper-Middle Income Country (UMIC). After remaining in the lower-middle-income bracket since 1987, this long-sought milestone signals a massive structural shift in the nation’s economic trajectory.
For those closely monitoring the numbers, this upgrade fundamentally changes how the country interacts with global markets. We broke down the exact data behind this reclassification, complete with the latest macroeconomic indicators, upcoming shifts in international trade policy, and what this actually means for the average citizen moving forward.
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Digital Banks Dethrone Traditional Giants in Forbes Best Banks in the Philippines for 2026
Metro Manila savers are officially trading passbooks for apps. In the newly released Forbes 2026 World’s Best Banks list, agile digital players like MariBank and GoTyme have crushed legacy giants to claim the top rankings in the Philippines. From the clever Shopee-ecosystem integration of MariBank to Maya Bank’s massive 2025 profit turnaround, the landscape of Pinoy finance has fundamentally shifted. But does traditional “trust” still have a place? Here is the full breakdown of the top 8 banks in the country.
