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.

  • It is a safe and affordable real-time electronic retail payments system.
  • Send and receive funds or make payments in real time of up to Php 50,000.00 per transaction.
  • Transferred funds are received in full amount as no fee is charged to the receiving account.

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)

  1. AllBank (A Thrift Bank), Inc. 

  2. Asia United Bank Corporation 

  3. Bank of Commerce 

  4. BDO Unibank, Inc. 

  5. Bank of the Philippine Islands 

  6. BPI Direct BanKO, Inc. A Savings Bank 

  7. Cebuana Lhuillier Rural Bank, Inc. 

  8. China Bank Savings, Inc. 

  9. China Banking Corporation 

  10. CTBC Bank (Philippines) Corporation 

  11. DCPay Philippines Inc. 

  12. Dungganon Bank (A Microfinance Rural Bank), Inc. 

  13. East West Banking Corporation 

  14. East West Rural Bank 

  15. Equicom Savings Bank, Inc. 

  16. GPay Network PH, Inc. 

  17. G-Xchange, Inc. Sender/Receiver 

  18. Land Bank of the Philippines  

  19. Malayan Bank Savings and Mortgage Bank, Inc. 

  20. Maybank Philippines, Inc. 

  21. Metropolitan Bank and Trust Company 

  22. PayMaya Philippines, Inc. 

  23. Philippine Bank of Communications 

  24. Philippine National Bank 

  25. Philippine Savings Bank 

  26. Philippine Trust Company 

  27. Rizal Commercial Banking Corporation 

  28. Robinsons Bank Corporation 

  29. Security Bank Corporation 

  30. Sterling Bank of Asia, Inc. (A Savings Bank) 

  31. Sun Savings Bank, Inc. 

  32. Union Bank of the Philippines 

  33. United Coconut Planters Bank

Receiver Only (as of June 30, 2020)

  1. Bangko Mabuhay (A Rural Bank), Inc. 

  2. BDO Network Bank 

  3. Development Bank of the Philippines 

  4. ING Bank, N.V. 

  5. ISLA Bank (A Thrift Bank), Inc. 

  6. OmniPay, Inc. 

  7. Partner Rural Bank (Cotabato), Inc. 

  8. Philippine Business Bank, Inc., A Savings Bank 

  9. Philippine Veterans Bank 

  10. Quezon Capital Rural Bank, Inc. 

  11. UCPB Savings Bank 

  12. Wealth Development Bank Corporation

*PNB Savings Bank merged with Philippine National Bank