InstaPay is an electronic fund transfer (EFT) service that allows customers to transfer Php 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.
Yes, all Sterling Bank of Asia account holders can use InstaPay to send and receive fund transactions to participating BSP-supervised banks and non-bank e-money issuers in the Philippines.
Send money or transfer funds via InstaPay through your Sterling Bank Online access.
InstaPay is secure and complies with the security standards mandated by the Bangko Sentral ng Pilipinas.
There is no minimum amount in transferring funds, however, the maximum is up to Php 50,000.00 per transaction, as long as your source account has available balance.
There is no fee for receiving funds via InstaPay, however, every transaction, the sending fee is Php 15.00.
All active Sterling Bank of Asia Php savings and checking accounts can receive money using InstaPay except for prepaid card accounts.
To ensure that the InstaPay fund transfer will be successful, add two zeroes (00) in the beginning of your 12-digit Sterling Bank of Asia account number and another zero (0) before the 4 th digit.
Account Number (12-digit) – 123-1-123456-12
Account Numer for InstaPay Fund Transfer (15-digit) – 00123-01-123456-12
You can easily send money or transfer funds via InstaPay through Sterling Bank Online.
No, InstaPay is available for Php to Php fund transfers only between accounts maintained in the Philippines with InstaPay participating institutions.
No, InstaPay can only be used to transfer between accounts maintained with IntaPay participating institutions.
Sender/Receiver (as of June 30, 2020)
AllBank (A Thrift Bank), Inc.
Asia United Bank Corporation
Bank of Commerce
BDO Unibank, Inc.
Bank of the Philippine Islands
BPI Direct BanKO, Inc. A Savings Bank
Cebuana Lhuillier Rural Bank, Inc.
China Bank Savings, Inc.
China Banking Corporation
CTBC Bank (Philippines) Corporation
DCPay Philippines Inc.
Dungganon Bank (A Microfinance Rural Bank), Inc.
East West Banking Corporation
East West Rural Bank
Equicom Savings Bank, Inc.
GPay Network PH, Inc.
G-Xchange, Inc. Sender/Receiver
Land Bank of the Philippines
Malayan Bank Savings and Mortgage Bank, Inc.
Maybank Philippines, Inc.
Metropolitan Bank and Trust Company
PayMaya Philippines, Inc.
Philippine Bank of Communications
Philippine National Bank
Philippine Savings Bank
Philippine Trust Company
Rizal Commercial Banking Corporation
Robinsons Bank Corporation
Security Bank Corporation
Sterling Bank of Asia, Inc. (A Savings Bank)
Sun Savings Bank, Inc.
Union Bank of the Philippines
United Coconut Planters Bank
Receiver Only (as of June 30, 2020)
Bangko Mabuhay (A Rural Bank), Inc.
BDO Network Bank
Development Bank of the Philippines
ING Bank, N.V.
ISLA Bank (A Thrift Bank), Inc.
Partner Rural Bank (Cotabato), Inc.
Philippine Business Bank, Inc., A Savings Bank
Philippine Veterans Bank
Quezon Capital Rural Bank, Inc.
UCPB Savings Bank
Wealth Development Bank Corporation
*PNB Savings Bank merged with Philippine National Bank