MariBank to offer 50 free transfers every month starting June

Attention, MariBank users! Starting June 1, customers can enjoy up to 50 free bank transfers every month.

The digital bank announced that users will now be allowed to make 50 free transfers via InstaPay and PESONet monthly.

Previously, MariBank offered up to 15 free transfers per week to other banks and e-wallets via InstaPay and PESONet, with a P15 processing fee charged for every additional transaction beyond the limit.

Cash-ins through linked accounts from BPI, UnionBank, and RCBC also come with a P15 processing fee per transaction.

Meanwhile, transfer fees for China Bank and AllBank may vary depending on the partner bank. Bill payment charges likewise depend on the biller, while payments made through linked Shopee accounts remain free.

MariBank, formerly Seabank, is the digital banking arm of Sea Limited, the company behind Shopee.