Philippine National Bank (PNB) is further extending the waiver for InstaPay and PesoNet fund transfer fees until March 31, 2021 to encourage more of its customers to use digital banking channels.
Statement of Philippine National Bank (PNB) President and CEO Wick Veloso:
PNB fully supports the Bangko Sentral’s call to promote digital channels for fund transfers. We continue to strengthen our campaign on encouraging more customers to use digital banking since the start of the community quarantine. We see digital banking is gaining ground as customers learn more about the benefits of these services. This extension will encourage more customers to use digital channels.
While all of our branches are open, PNB is giving customers the safer option of banking online to minimize the need to go out of their homes to visit branches and ATMs. We see an upward trend in digital transactions as more customers get enrolled. Customers have become more comfortable in using these digital applications through their computers and smartphones. All these efforts are aligned to our bank-wide initiatives as we continue to thrive in the “New Normal.”