Security Bank assures clients of waived transfer fees until year-end

As part of Security Bank’s efforts to support the lockdown measures and keep clients safe at home, the bank announces that it will continue to offer free InstaPay and PESONet until December 31, 2020.

“We encourage everyone to remain safe during this pandemic by staying at home and conducting their banking needs through Security Bank Online and through our Security Bank Mobile App and take full advantage of the waived fund transfer fees,” says EVP & Head of Transaction Banking Group John Ong.

“Transactions using Security Bank Online have seen a steady growth month-on-month since March when the Enhanced Community Quarantine was imposed in various parts of the country. Majority of the transactions come from fund transfer and bills payment services,” adds Ong.

With digital platforms being the go-to channels since the start of the pandemic, Security Bank saw an impressive 312% increase in fund transfer transactions with its remittance service eGiveCash and InstaPay at the frontlines.

Security Bank encourages clients who have yet to sign up for Security Bank Online to fully utilize the online banking facility wherein users can easily manage their accounts, conduct fund transfers, pay bills and reload prepaid mobile numbers.

Security Bank Online mobile app is available on Google Play Store, Apple App Store, and Huawei App Gallery. For more information on how to thrive at home during the quarantine, visit