Fund Transfer
The following service fees apply for fund transfer via InstaPay:
Via Chinabank Mobile – P10.00 per transaction
Via Chinabank Online – P15.00 per transaction
Fund transfer via PesoNet has a service fee of P20.00 per transaction.
Own China Bank Account
Transaction Limit: P1,000,000.00
Daily Limit: None
Other China Bank Account
Transaction Limit: P150,000
Daily Limit: P150,000
Other Banks via InstaPay
Transaction Limit: P50,000
Daily Limit: P250,000
Other Banks via PESONet
Transaction Limit: P100,000
Daily Limit: P250,000
There is no cut-off time for transferring funds via InstaPay. PESONet, on the other hand, has a cut-off time of 4:00PM. All PESONet transfers made after the cut-off time will be credited on the next banking day.
Yes, you may schedule a fund transfer transaction to a future date. Simply follow these steps:
A confirmation message will be displayed. The funds will be transferred to the payee on the date you have set.
Note: If you want this transaction to be repeated, check the “Recurring” box, and select the frequency. On the “Repeat” field, enter the number of times you want the transaction to be repeated.
No, this function is currently not available. However, you may transfer funds from your foreign currency account to your peso-denominated account by going to “Pay or Transfer”, select “To Me”, then select “Forex Sale”. Please note that exchange rates will be applied.
A confirmation of the successful edit will be displayed.
A confirmation of the successful removal will be displayed.
Yes, each joint accountholder can choose to link his/her own email address/mobile number to the same joint account, if both accountholders are existing users of the app.
Yes, to change the email address/mobile number, simply follow these steps:
A confirmation message will be displayed.
If you want to change the account number linked to your email address or mobile number, tap on “Delete” and register again.
*PESONet only
If the amount was transferred to a valid account number, the transaction is considered final and irreversible. To ensure a worry-free transaction, make sure to double-check the account details from your payee.