More financial institutions to lower transfer fees, BSP says 

WIRE — THE BANGKO SENTRAL ng Pilipinas (BSP) expects more financial institutions to lower or waive their person-to-person digital transfer fees to meet new rules that took effect on Saturday (July 4) and will issue warnings to those who fail to comply. E-wallet giant GCash on July 4 cut its InstaPay transfer fee to P10 from P15.

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