The change, effective April 22, allows users to send larger total amounts for bills, family support, or urgent payments without waiting for the next day.
The per-transaction cap remains at P50,000, meaning clients will need to split larger transfers into multiple transactions.
Fees for InstaPay transfers to other banks or e-wallets are set at P8, while transfers within Metrobank accounts remain free.
The higher limit comes as digital payments continue to gain traction, with banks adjusting limits to match rising transaction volumes and customer demand for faster fund movement.
—Edited by Miguel R. Camus
