BSP says ATM fee hikes won't go beyond ₱20

The Bangko Sentral ng Pilipinas also assures transaction fees would not reach ₱30.

14.8.2019

The Bangko Sentral ng Pilipinas also assures transaction fees would not reach ₱30.

The Bangko Sentral ng Pilipinas also assures transaction fees would not reach ₱30.

BSP Deputy Governor Chuchi Fonacier said that while banks can ask to raise charges for interbank ATM transactions — or those using a terminal that's not run by their original bank — the regulator will not approve extreme adjustments to the fees.

outlier, the BSP will not really approve," Fonacier said in a press briefing on Wednesday.

Read more: CNN Philippines
Breaking News
Latest news right now
 • • • • • • • • • • • •
• • • • • • • • • • • 

Charging ATM fees in any amount is CONFISCATORY. Banks give us less than 1% interest in using our money for profit BUT charge us 14 pesos everytime we need to use our own money. This is unfair. This is GREED! ATM fees should in fact be REPEALED. why would there be transaction fees we already give them(bank) the privilege to use our money?

20.00 multiply by millions of atm transactions equals.....imagine. dapat ba may singil para dyan? eh ano kung hindi aabot ng 30? mabigat na ang 11 eh. bibigyan ba ninyo kami ng subsidies? bobo. Nagmahal ba ang papel o kuryente? Isa sa pinaka walang hiya ay ang mga bangko. Metrobank, BDO, BPI. Maawa naman kayo. Akala nyo ata 1st world country tayo mga puta kayo.

Laki nman inflation ysn , d n mag babanko mga Pinoy 🧐 P30 or P20?

ATM fee hikes can't exceed over-the-counter charges – BSPThe Bangko Sentral ng Pilipinas reiterates all proposed ATM fee hikes will be up for thorough review. The proposed charges should also be lower than the fees collected from over-the-counter transactions. crissydimatulac Fix nyo muna ang interbanking transactions! Prang jurassic technology natin dito sa interbanking which is ironic kasi andami ng fintech startups locally 🤨

ATM fees to go up? House probe sought as BSP lifts cap

Stories
Top news stories of the day
 • • • • • • • • • • • •
 • • • • • • • • • • •
• • • • • • • • • • • •
• • • • • • • • • • • •
• • • • • • • • • • • •
• • • • • • • • • • • •

Solons want Congress to regulate ATM transaction feesBayan Muna Reps. Carlos Zarate and Ferdinand Gaite are set to refile a bill regulating fees of automated teller machine (ATM) transactions.

Labor group opposes increases in ATM chargesLabor group Partido Manggagawa (PM) has thumbed down any increase in the transaction charges for automated teller machines.

Stories
Top news stories of the day
 • • • • • • • • • • • •
 • • • • • • • • • • •
• • • • • • • • • • • •
• • • • • • • • • • • •
• • • • • • • • • • • •
• • • • • • • • • • • •

Dagdag-singil sa ATM, bank fees, tinutulan

ATM fee hikes can't exceed over-the-counter charges – BSPThe Bangko Sentral ng Pilipinas reiterates all proposed ATM fee hikes will be up for thorough review. The proposed charges should also be lower than the fees collected from over-the-counter transactions. crissydimatulac Fix nyo muna ang interbanking transactions! Prang jurassic technology natin dito sa interbanking which is ironic kasi andami ng fintech startups locally 🤨

Write Comment

Thank you for your comment.
Please try again later.

Latest News

News

15 August 2019, Thursday News

Previous news

'Panama disease' tumama sa mga sagingan sa Davao del Norte

Next news

Courts allow detained Senator de Lima to visit critically-ill mother
'Panama disease' tumama sa mga sagingan sa Davao del Norte Courts allow detained Senator de Lima to visit critically-ill mother