Banks urged to follow BSP order on loan relief and digital transfer fee waivers

On 2026-04-17, the Bangko Sentral ng Pilipinas was reported to have ordered banks and e-money service providers to temporarily waive digital transfer fees and suspend charges on online banking platforms, including InstaPay and PESONet, alongside loan relief measures for borrowers affected by the energy crisis. The measure allows deferred loan payments for up to one year and temporary exclusion of affected loans from past-due and non-performing classifications.