With the latest Metrobank App, account holders can now enjoy free InstaPay transfers whenever they send money worth only Php 1,000 and below until 30th of September.
To send money for free through InstaPay, download the Metrobank app from Google Play, Apple App Store and the Huawei AppGallery. Make sure to update the app to its latest version (ver 1.7.1).
For the InstaPay transaction, follow these steps:
- To send money, open the Metrobank App and press the Send Money icon.
- Input details about the source account, transfer amount, and recipient. (Transactions below Php 1,000 are the only eligible for the waived InstaPay fee.
- Press the ‘Immediate” button.
- Enter Purpose.
- Press ‘Next”
- Review details you’ve input and tap ‘Confirm’. You have to wait for the OTP that’ll be sent to your number.
- Input the OTP and the Php 0.00 InstaPay fee can be seen in the transaction details. You will also receive SMS notification about your transaction.
(Take note: when it comes to scheduled transfers, transfer fees still apply.)
Bangko Sentral ng Pilipinas supports the free InstaPay transfer to encourage the Filipino citizens to use online payment transactions. Metrobank also aims to provide simple and secure banking services through the use of Metrobank App.
For more information, visit Metrobank.