ATM Fees in the Philippines All Cardholders Need to Know

Published: January 13, 2021 | Updated: July 23, 2021 | Posted by: Mayee Gonzales | Personal Finance

ATM Service Fees

Every day, millions of Filipinos use an ATM to access their savings and checking accounts. With a debit card, or ATM card as most people call it, account holders can withdraw money, check their account balance, and even transfer money to other bank users. All of these activities can be done in a few clicks, making electronic banking more convenient to the public.

But in case you did not know it yet, your bank charges you different service fees. Some of these bank fees and charges include ATM fees.

ATM fees in the Philippines are comparative and vary from bank to bank. Charges also differ for every transaction. For example, a balance inquiry fee is typically cheaper than a withdrawal charge because balance inquiries are deemed simpler compared to withdrawals.

What is an ATM?

An Automated Teller Machine or ATM is an electronic banking outlet that offers quick self-service options to cardholders. Electronic banking allows customers to complete transactions without going to the bank.

ATMs are convenient as you don’t have to wait in line at the bank to withdraw funds or know how much money you still have in your account. Today, there are over 3.5 million ATMs in use across the globe [1].

Electronic Banking in the Philippines

atm fees in the philippines - electronic banking

Before we discuss ATM withdrawal fees in the Philippines, let us first identify the networks that provide online facilities to banking corporations and debit cardholders in the Philippines. At present, there are three major bank consortia namely Bancnet, Megalink, and Expressnet.


Bancnet is the largest electronic banking network in the country with 114 members and more than 13,000 ATMs nationwide. Founded in 1990, the company is the exclusive gateway of UnionPay, allowing access to nearly 1 billion ATM cardholders from China. Apart from providing services in the Philippines, Bancnet also links with international card networks like Diners Club, Discover Card, KFTC, Mastercard, and VISA.


Before merging with Bancnet in 2015, Megalink was the biggest electronic banking network in the Philippines, handling more than 795,000 transactions per day from over 13 million cardholders. Founded by Equitable Banking Corporation (now BDO) in 1989, Megalink continues to operate as a partner of Bancnet.


Expressnet may not be the largest bank consortium in the country, but it is one of the most accessed, thanks to one of its members, BPI Family Savings Bank. Despite its popularity and success, Expressnet merged with Bancnet in 2016, making it the newest partner of the company.

Megalink and Expressnet remain to be separate entities regardless of their partnership with Bancnet. All of these electronic banking networks perform under different agencies, which explains the non-uniform ATM service fees in the Philippines.

Read more: 25 Top Commercial Banks in the Philippines

Apply now for a credit card with no annual fee!

ATM Fees in the Philippines

Avoid unwanted charges when using an ATM. Be updated with ATM withdrawal charges from other banks in the Philippines as well. Refer to this list of local ATM transaction fees and other related service charges.

ATM Balance Inquiry Fees

Doing a balance inquiry on your own bank’s ATMs is free of charge. However, there is a minimal fee ranging from PHP 1 to PHP 2 when doing it with other bank’s ATMs.

Bank NameBalance Inquiry Fee
China BankPHP 1
Eastwest BankPHP 1
LandbankPHP 1
MaybankPHP 2
MetrobankPHP 2
PS BankPHP 1
Security BankPHP 1
UnionBankPHP 2

ATM Withdrawal Fees (When Using a Different ATM)

Withdrawal transactions done at your banks’ respective ATMs come at no cost, which is why it’s good to know where your bank’s nearest ATMs are located. The withdrawal fees from other banks can be substantial, especially if you make several withdrawals in a day. Here’s what you will see on your transaction receipts after making a withdrawal at a different bank’s ATM.

Bank NameWithdrawal Fee
China BankPHP 15
Eastwest BankPHP 11
LandbankPHP 10
MaybankPHP 11
MetrobankPHP 11
PS BankPHP 10
Security BankPHP 14
UnionBankPHP 12

Note: Starting April 7, 2021, there will be an increase on the BPI ATM withdrawal fee for non-BPI clients. If you will be making a cash withdrawal on BPI ATMs with your non-BPI card, the charge will be PHP 18 for every withdrawal, 20% higher than the current charge of PHP 15 per transaction.[3]

Metrobank and PSBank are also set to raise their withdrawal and balance inquiry fees for non-Metrobank/PSBank clients to PHP 18 and PHP 2 respectively. [4]

Intrabank Transfer Fees (Same Bank)

Intrabank transfers mean transferring an amount to another person who has an account with the same bank. Majority of banks still offer this service free of charge, except for BPI, Eastwest, LandBank, and UCPB.

Bank NameIntrabank Transfer Fee
China BankFree
Eastwest BankPHP 25
LandbankPHP 10
PS BankFree
Security BankFree

Interbank Transfer Fees (Different Banks)

An interbank transfer is done when you transfer money from one bank to another. Most banks charge PHP 25 for this, except for BDO that charges PHP 50.

Bank NameInterbank Transfer Fee
China BankPHP 25
Eastwest BankPHP 25
LandbankPHP 25
MaybankPHP 25
MetrobankPHP 25
PS BankPHP 25
Security BankPHP 25
UnionBankPHP 25

Read more:

Below Maintaining Balance Charges

Banks in the country may impose a fee on accounts that have fallen below the Required Monthly Average Daily Balance (MADB) for at least two consecutive months. HSBC and UnionBank have the highest monthly penalty fees.

Bank NameBelow Maintaining Balance Charge
China BankPHP 300
Eastwest BankPHP 500
LandbankPHP 200
MaybankPHP 500
MetrobankPHP 300
PNBPHP 300 to PHP 500
PS BankPHP 500
Security BankPHP 300
UnionBankPHP 1,000

Dormancy Fees

According to the Bangko Sentral ng Pilipinas (BSP), banks can only charge a dormancy fee of up to PHP 30 per month[2] on deposit accounts that have been inactive for five years. Additionally, banks can only charge this transaction fee if there are no deposits or withdrawals done for five years, or if the account balance is below MADB.

ATM Withdrawal Limit in the Philippines

To provide a more holistic understanding of ATM services in the Philippines, here is a list of ATM maximum withdrawals of some of the major banks in the country. If you don’t know your ATM limit, this can be a handy guide the next time you need to make a maximum withdrawal.

Bank NameATM Withdrawal Limit
BDOPHP 50,000
BPIPHP 20,000
China BankPHP 50,000
Eastwest BankPHP 50,000
HSBCPHP 40,000
LandbankPHP 50,000
MaybankPHP 50,000
MetrobankPHP 50,000
PNBPHP 50,000
PS BankPHP 30,000
RCBCPHP 25,000
Security BankPHP 50,000
UCPBPHP 20,000
UnionBankPHP 20,000


What is the 05si service charge?

For BPI clients, 05SI service charge is what you get charged when you use non-BPI ATMs. The charge of PHP 15 is earmarked per withdrawal but will only be debited at the end of the month. You can find this in your transaction history and is listed as withdrawal with EN/ML.

What is the minimum withdrawal amount in ATMs in the Philippines?

Most banks have a minimum withdrawal amount of PHP 100. But BDO has a minimum withdrawal amount of PHP 200 per transaction.

Read more:

Final Thoughts

ATM fees in the Philippines may seem cheap, but multiple interbank transactions can eventually hurt your savings. Still, ATM fees are cheaper compared to banks’ deposit fees when you deposit to a branch outside of Metro Manila. They are also cheaper than over the counter withdrawal fees for certain savings accounts.

Be smart when it comes to checking your account balance and with your withdrawal transactions. Opt for your bank’s ATMs first when you need to withdraw at the mall or when you’re traveling. Not only is it safer, it can save you money as well.

Apply for a personal loan at Moneymax!