Receive money from another local bank thru your QCRB ATM Card!

 InstaPay is an electronic fund transfer service that allows customers to transfer funds almost instantly between accounts of participating BSP supervised banks and non-bank e-money issuers in the Philippines. The service is available 24x7, all year round.

Initially QCRB is a “Receiver” participant only. Through InstaPay existing QCRB account of individuals, businesses, and government institutions will be able to receive funds and payments in real time from another local bank.

Product Featurs:

Accessibility Only existing ATM accounts are capable to receive funds thru InstaPay.


Transaction Limit Maximum of Php50, 000.00 per transaction as many times during the day.


 How to Receive Funds?

Step 1

Determine whether the originating bank where the money will come from is an InstaPay “sending” institution. As of December 31, 2018, below are the qualified senders:

  1. Asia United Bank Corporation
  2. Bank of Commerce
  3. BDO Unibank, Inc.
  4. BPI Direct Banko, Inc. A Savings Bank
  5. China Bank Savings, Inc.
  6. China Banking Corporation
  7. Dungganon Bank (A Microfinance Rural Bank), Inc.
  8. East West Banking Corporation
  9. Equicom Savings Bank, Inc.
  10. G-Xchange, Inc.
  11. Land Bank of the Philippines
  12. Malayan Bank Savings and Mortgage Bank, Inc.\
  13. Maybank Philippines, Inc.
  14. Metropolitan Bank and Trust Company
  15. Philippine Bank of Communications
  16. Philippine National Bank
  17. Philippine Savings Bank
  18. PNB Savings Bank
  19. RCBC Savings Bank, Inc.
  20. Rizal Commercial Banking Corporation
  21. Robinsons Bank Corporation
  22. Security Bank Corporation
  23. Sterling Bank of Asia
  24. Sun Savings Bank, Inc.
  25. Union Bank of the Philippines
  26. United Coconut Planters Bank

Step 2

Advice the “sending parties” to access their bank’s mobile app or internet banking facility. They can now choose to send to your QCRB ATM account via InstaPay after providing the required information.

Important: Don’t forget to give your ATM account number to the sending parties.

Step 3

As a “receiver” you can access/claim the funds through withdrawal using your QCRB ATM card or through OTC withdrawal.