Published: October 21, 2020 | Updated: October 26, 2020 | Posted by: Venus Zoleta | Personal Finance
Online banking is the new norm for financial transactions in the Philippines during the pandemic (and most likely even when it’s over). PNB is no exception—like other banks in the Philippines, it actively promotes its PNB online banking channels, officially called PNB Digital Banking.
If you have a PNB account, you’ll be glad to know that both PNB Internet Banking and PNB Mobile Banking App are among the easiest to use for different types of transactions. You can conveniently monitor your account balances, send money, pay bills, open and manage UITF investments, and order checkbooks. No need to go to a PNB branch because you can transact from home using your laptop or smartphone instead.
Here’s a simple guide to completing transactions using PNB online banking platforms.
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You can register to PNB Digital Banking if you have any of the following PNB accounts:
PNB clients with corporate or joint/AND accounts cannot enroll in PNB’s online banking facility.
Using your PNB ATM/debit card, you can register for a PNB Digital Banking account either through PNB Internet Banking or PNB Mobile App.
Regardless of the channel you use for PNB online banking enrollment, the registration steps are the same.
After completing your PNB online banking registration, check your email for a message from PNB containing your Online Activation Code (OAC). Copy the OAC and enter it when you log in via PNB’s internet banking site or mobile app for the first time to activate your PNB online banking account.
Aside from your ATM account, you may also enroll your other PNB accounts in PNB Digital Banking.
You can view your account balances via PNB Internet Banking within a few seconds. After logging in to your PNB online banking account, your current balances will instantly appear on the My Accounts page.
If you have a PNB credit card, you’ll be able to see your available limit, outstanding balance, payment details, statement of account, and unbilled transactions.
To view your transaction history for the last two months, simply click the View Details button under a specific account.
An even easier way to check your PNB account balance online is to use the Quick Balance feature in the PNB Mobile Banking App. Quick Balance lets you see your PNB account balances without having to log in to the app.
Using PNB Internet Banking or Mobile Banking App, you can quickly send money to your other PNB account, another person’s PNB account, or another bank account (e.g., BDO, BPI, Metrobank, etc.) or e-wallet account (e.g.,GCash, PayMaya, etc.).
If you’re transferring money to another local bank, you can do the transaction via either PESONet or InstaPay.
Sending money to another PNB account, whether it’s your own or somebody else’s account, is free of charge. Also, there’s no limit to the amount you can transfer between two PNB accounts.
Here are the steps to send money to another PNB account using PNB online banking:
After your successful transaction, the money will be credited instantly to the recipient’s PNB account.
Before you transfer money to a non-PNB account, take note of the following information on PESONet and InstaPay transactions in PNB online banking:
|Limits, Fee, and Availability||PESONet Transfers||InstaPay Transfers|
|Transaction Limit||PHP 100,000 per transaction||PHP 50,000 per transaction|
|Daily Transfer Limit||Multiple fund transfers up to PHP 600,000 per account||Multiple fund transfers up to PHP 600,000 per account|
|Service Fee*||PHP 30 per transaction||PHP 50 per transaction|
|Fund Availability||Within the same banking day (transactions completed on or before the 12 p.m. cut-off) / Next banking day (transactions completed after the cut-off, on weekends, and on holidays)||Real-time|
*Note: As of October 2020, PNB has waived PESONet transaction fees until further notice.
Here are the steps to send money to another local bank using PNB online banking:
Pay your bills online, as well as those of your relatives and friends, through PNB Digital Banking. PNB enables online bills payment for a wide range of utilities, credit cards, insurance plans, loans, government services, and more (Check PNB’s list of billers here). Paying bills through PNB online banking is free.
Using one of the PNB online banking facilities (whether the website or mobile app) for your PNB transactions is a breeze. If you encounter any problem, you may contact the PNB Customer Care team for assistance through (02) 8573-8888 or email@example.com.
Do you have accounts with other banks? Check out these online banking guides: