GoTyme offers 20 free InstaPay transfers a month

GOTYME BANK is giving its users 20 free InstaPay transfers monthly as it moves to help make online transactions more accessible and affordable.

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“With a firm understanding of how Filipinos use and move their money across various banks and e-wallets, GoTyme Bank now offers 20 free InstaPay transfers per month to all customers,” the digital bank said in a statement on Wednesday.

“By offering 20 free transfers every month, GoTyme Bank takes another big step toward its mission of removing friction in everyday transactions and unlocking the financial potential of Filipinos through simple, beautiful banking.”

The number of fund transfers to any bank or e-wallet that will not be subject to transaction fees will refresh at the start of each month, it said.

Once customers use up the 20 free transfers, each InstaPay transaction will cost P9, which can also be paid using GoRewards points, GoTyme Bank added.

Meanwhile, it will continue to offer PESONet transfers free of charge.