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Home»Business»ADVISORY On Intrabank / Interbranch Transaction Fees
Business

ADVISORY On Intrabank / Interbranch Transaction Fees

Jeman VillanuevaBy Jeman VillanuevaFebruary 10, 20175 Comments1 Min Read
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We have recently received many questions and inquiries regarding Intrabank / Interbranch fees and charges at Security Bank.

To clarify: Intrabank/Interbranch transactions do not have a charge.

Security Bank does not charge fees for transfers between Security Bank accounts whether the transfer is done through the mobile app, online (SBOL), or over the counter. This will not change in the foreseeable future.

As a Security Bank customer, please note the following:

  • You can transfer up to P1MM per day to any Security Bank account regardless of whether the receiving account is enrolled in online banking with no transfer charges.
  • If you are transferring between accounts that you own, there is no transfer limit.
  • Any transfer to an external account where the transferred amount is over P40K will require a one-time-password (OTP).
  • If you are transferring funds to an account for the first time, the transaction will require a one-time-password (OTP).
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Jeman Villanueva
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Add me on Facebook: http://www.facebook.com/jeman1978 Follow me on Twitter: https://twitter.com/#!/jemanorange (@jemanorange)

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