4 days Banks will not raise ATM fees automatically MB |Biz
By Lee C. Chipongian Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno assured the public that the lifting of the six-year ban on ATM fee increase does not mean an automatic adjustment and that banks would have to first submit proposals to the central bank. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. (Bloomberg)   “The moratorium on fee adjustment was just finished (but this does not imply) an automatic adjustment (in fees),” Diokno told reporters on the sidelines of the Memorandum of Agreement signing of the BSP, BDO Foundation and the Armed Forces of the Philippines in ... more