BSP Circular 1238 — Governor Eli Remolona's answer to years of Filipinos wincing every time they moved their own money — took effect July 4. The mechanics are almost boring: Fees for sending money ...
The Bank of the Philippine Islands (BPI) on Wednesday explained its decision to offer free interbank transfers, with president and chief executive officer Jose Teodoro “TG” Limcaoco saying the only ...
Filipinos moved more than P22 trillion in funds through the InstaPay and PESONet systems from January to August, underscoring the rapid ...