Bank of Commerce

We think Customers

Customer Service:
(02) 8-632-BANK (2265)
Domestic Toll-Free Numbers:
1800-10-982-6000 (PLDT) 1800-8-982-6000 (Globe Lines)

PESONet and InstaPay

You can now transfer funds from your Bank of Commerce Account to any other bank account through PESONet and InstaPay. Transact via Internet Banking, ATM and Over-the-Counter!

PESONet and InstaPay are the latest electronic funds transfer service that enables Bank of Commerce account holders to transfer funds in Philippine Peso to another account holder or multiple recipient accounts of other participating banks, e-money issuers or mobile money operators in the Philippines.

InstaPay allows fund transfer up to Php50,000 per transaction in real time. While PESONet has no maximum amount limit and transactions are posted after end of business day.

PESONet and InstaPay are the country’s first Automated Clearing House (ACH) under the National Retail Payment System (NRPS), the Bangko Sentral ng Pilipinas’ (BSP) landmark policy whose objective is to increase e-payment transactions to 20 percent by 2020 for more inclusive economic growth and financial inclusion.

Fees and Charges

Transaction Details PESONet InstaPay
Transaction Amount Limit PHP 500,000.00 PHP 50,000.00
Schedule of Crediting Transactions between 12:01 AM and 9:00 AM will be processed at 9:00 AM on the same day.

Transactions between 9:01 AM and 12:00 NN will be processed t 12:00 NN on the same day.

Transactions between 12:01 NN and 3:00 PM will be processed at 3:00 PM on the same day.

Any fund transfers made via PESONet after the 3:00 PM cycle will apply at the next banking day’s first cycle/cut-off time.

 Real Time
Cut-off Schedule 9:00 AM, 12:00 NN
and 3:00 PM		 N.A.
Transaction Fee
OTC PHP 100.00 PHP 100.00
RIB / Internet Banking PHP 15.00 PHP 15.00
ATM PHP 15.00 N.A.

 

 

For more details about PESONet, please click here

For more details about InstaPay, please click here