Solons appeal delay in interbank charges increase amidst COVID-19 pandemic

Lawmakers appealed to delay the increase in interbank charges in ATM transactions that starts on April 7.

Among those who called for the postponement are Bayan Muna Representative Carlos Isagani Zarate and Senior Partylist Congressman Rodolfo Ordanes.

According to Rep. Zarate, the increased charges is not timely especially now that majority of Filipinos have not yet recovered from the effect of the Coronavirus Disease 2019 (COVID-19) pandemic.

Congressman Ordanes called the charges as a burden to government employees and senior citizens.

Several banks have initially announced the increase in charges starting April. Interbank withdrawals will cost around ₱10 to ₱18 by then while the balance inquiry will be around ₱1.50 to ₱2. -PTV News

Popular

‘Bawat Bayan Makikinabang’: PBBM assures sustained LGU funding

By Brian Campued Recognizing the challenges faced by local government units (LGUs), such as limited resources and lack of support from the national government, President...

PBBM, AZEC affirm energy security ties, renewable energy support

By Brian Campued President Ferdinand R. Marcos Jr. underscored the importance of cooperation between the Philippines and Japan in strengthening energy security measures, as tensions...

PBBM inaugurates P1B irrigation project in Leyte

By Sarwell Meniano | Philippine News Agency President Ferdinand R. Marcos led the inauguration of the P1.1 billion Hibulangan Small Reservoir Irrigation Project (SRIP) in...

PBBM brings aid to Eastern Visayas, advances whole-of-gov’t approach

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Thursday led the rollout of government assistance and development initiatives in...