End Client Pricing

Netbank implements the following pricing in collaboration with its partners.

Account opening

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Set-up fee, including corporate due diligence and company search: PhP25,000 (~$500) per company. Set-up of specialized account structure based on web-hooks, including set-up of specialized reports: PhP12,500 (~$250).

Account maintenance

Monthly change for maintaining relationship: PhP 12,500 (~$250) per company with account. Includes unlimited sub-accounts to simplify reconciliation.

Collection fees, from resident accounts

​Higher of PhP 25 (~$0.50) or 1% of transaction amount, with a cap of PhP50,000 (~$1,000) / transaction. Negotiated rates for clients with disbursement of more than PhP10m (~$200,000) / month. 

Review of new trade transaction documentation: PhP 1,000 ($200)

Review of new eCom transaction documentation: PhP 2,500 ($500)

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Collection of funds from overseas accounts: no change.

Disbursement fees, via PesoNet or Instapay

​Higher of PhP 25 (~$0.50) or 0.2% of transaction amount, with a cap of PhP25,000 (~$500) / transaction

Negotiated rates for clients with the disbursement of more than PhP10m (~$200,000) / Month.

Bill payment

PhP150 (~$3) per bill entered into the system and presented for authorization.

International Transfer fees