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Chinabank cuts InstaPay fee to only ₱5
Posted by SM Supermalls on October 03, 2025
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As part of its 105th anniversary celebration, Chinabank launched its new "Take 5 this 105" promo, a limited-time offer that reduces the InstaPay inter-bank transfer fee from an already industry best ₱10.00 to just ₱5.00. The promotion, which runs from October 1 to December 31, 2025, is available exclusively to Chinabank account holders enrolled in the My CBC app and My CBC Online.
This initiative is designed to provide greater convenience and savings for customers who frequently use My CBC’s online fund transfer feature for person-to-person transfers. With the reduced fee, users can send money to other individual bank accounts and enjoy the immediate transfer functionality only InstaPay offers for just ₱5.00 per transfer. Users of previous versions of Chinabank online banking apps can upgrade to the new My CBC App to enjoy this discount.
There is no limit to the number of transfers a customer can make daily, as long as the total amount does not exceed the daily cap of ₱250,000.
About Chinabank: China Banking Corporation (Chinabank; PSE: CBC), founded in 1920, is the fourth largest private universal bank in the Philippines and a member of the SM Group, one of the country’s biggest conglomerates. Driven by its brand promise, “Focused on You,” Chinabank supports individuals, small- and middle-market businesses, and large corporations, with its consolidated network of 650 branches, 1,109 ATMs, and 24/7 digital banking channels: My CBC App and My CBC Online. The bank also offers a wide range of allied financial services through its subsidiaries China Bank Savings, Chinabank Capital, Chinabank Securities, Chinabank Insurance Brokers, and affiliate Manulife Chinabank Life Assurance.
For over a century, Chinabank has built a deep connection with its customers and the communities it serves, leveraging the dedication and diversity of its empowered people and the strength of its enduring partnerships to help uplift the lives of Filipinos.
For more information, visit www.chinabank.ph or follow ChinabankPH on Facebook, Instagram, TikTok, and LinkedIn.
Contact: Investor & Corporate Relations Group - 8885-5601; Investor-relations@chinabank.ph; Gerald O. Florentino, FVP & Head - goflorentino@chinabank.ph
