Do you need cash immediately? You can now withdraw using your ATM in both your bank and other bank’s machine. However, make sure that you know the updated ATM withdrawal and balance inquiry fees before making a transaction.
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What Are ATM transaction Fees
Transaction fees in ATMs are charged to your account when you use other bank’s machines. If you are not using your own bank’s ATM, you will be charged in transactions like withdrawal, balance inquiry or fund transfer.
Latest ATM Withdrawal Fees and Charges
A withdrawal fee may be charged to your account if you will withdraw from other bank’s ATM. However, there are some banks that may also charge minimal fees even if you are going to use their own machines.
Related: Daily Withdrawal Limit of Banks
Balance Inquiry Fees in ATM
Some banks may charge balance inquiry fees using an ATM. They are usually small in amount but still, your account will be deducted when inquiring your balance. See the updated ATM balance inquiry fees.
Related: No Cash from ATM Withdrawal
| Bank | Balance Inquiry Fees and Charges |
|---|---|
| Asia United Bank | |
| Bank of Commerce | Determined by the machine owner |
| BDO | Php 2.00 |
| BPI | Php 1.50 |
| China Bank | Php 1.00 |
| DBP | |
| East West Bank | Php 1.00 |
| HSBC | |
| Landbank | Php 1.00 |
| Maybank | Php 2.00 |
| Metrobank | Php 2.00 |
| PNB | Php 2.00 |
| PSBank | Php 1.00 |
| RCBC | Php 2.00 |
| Robinsons Bank | |
| Security Bank | Php 1.00 |
| Standard Chartered | |
| UCPB | Php 2.00 |
| Union Bank | Php 2.00 |
Cash Withdrawal Fees in ATM
When you withdraw money from other bank’s ATM, a fee is also applicable. You may want to use an ATM with the lowest withdrawal fee to save money. See the updated ATM withdrawal fees and charges.
Related: Rejected ATM Card from ATM
| Bank | Withdrawal Fees and Charges |
|---|---|
| Asia United Bank | |
| Bank of Commerce | Determined by the machine owner |
| BDO | Php 11.00 |
| BPI | Php 15.00 |
| China Bank | Php 15.00 |
| Citibank | Cash advance withdrawal |
| DBP | |
| East West Bank | Php 11.00 |
| HSBC | |
| Landbank | Php 10.00 |
| Maybank | Php 11.00 |
| Metrobank | Php 11.00 |
| PNB | Php 11.00 |
| PSBank | Php 10.00 |
| RCBC | Php 14.00 |
| Robinsons Bank | Php 11.00 |
| Security Bank | Php 10.00 |
| Standard Chartered | |
| UCPB | Php 11.00 |
| Union Bank | Php 12.00 |
Multiple Transactions
Will I be charged per transaction? Yes, the fees and charges are applied on a single transaction. If you are going to withdraw from an ATM twice, you will also be charged twice based on its fees.
It is best that you know the maximum amount you can withdraw from the machine per transaction to plan ahead your budget.
Withdrawal Limit Per Day
Remember that each bank has its withdrawal limit per day. Although you will be charged per transaction using other bank’s ATM, your account will impose a limit on the amount you can withdraw every 24 hours.
ATM Withdraw from Paypal
If you need to withdraw your money from a Paypal account, you can simply proceed through an online money transfer. Simply nominate the account number inside your Paypal account and do the withdrawal transfer.
Once the money becomes available to your account, you can find the nearest ATM to withdraw the amount.
Updated on by
aside from the other banks charges, your bank also cost you service fee automatically deducted every end of the month. I say this is true at least for my BPI payroll account. For example, I used BDO ATM to get cash. BDO will charge me 11 pesos and BPI will charge me 15 pesos(every end of the month). Isn’t that convenient? I dunno if this also applies to fund transfers to other banks using mobile.