Financial literacy is the first step in helping Filipinos unlock their full potential. GoTyme Bank champions this mission  by helping you become informed users, so you can send money online wisely and efficiently. 

We, at GoTyme Bank, understand that every peso saved from fees adds up. The good news? Starting Wednesday, September 3, 2025, GoTyme Bank is making everyday money movement easier and more affordable with a new benefit for customers: 20 free InstaPay transfers per month! There are no fees and no catch.

That’s a whole lot of convenience in bank to bank transfers, and a lot more money saved from transfer fees.

Here’s how you can transfer and manage your money online for FREE with GoTyme Bank. 

1. FREE Transfer Between GoTyme Bank Accounts
   Experience seamless fund transfers when you wire money from your GoTyme Bank account to another. All you have to do is tap Send & Transfer and enter the recipient's details for the transaction. It’s easy and it’s free.
   
   Sending money between GoTyme Bank accounts is still completely free, forever. It’s the perfect way to move money between family and friends who are also GoTyme Bank users whether you’re splitting bills, sharing allowances, or supporting loved ones.
   
   No hidden charges. No transfer fees. Just fast, free, and secure.
   
   Pro tip: Use the Send and Refer feature in the app to send money to someone who hasn't opened a GoTyme Bank account yet. Just use their phone number — the amount will be credited once they create an account within 7 days.
   
   
2. 20 Free InstaPay Transfers to Any Bank Monthly
   

   Here’s a finance hack: unlock 20 free transfers to any local bank every month with GoTyme Bank. There’s no minimum amount and no gimmicks. Whether you’re transferring money to family, paying an online purchase, or gifting a loved one, your first 20 InstaPay transfers each month are absolutely free.

   Remember to  use these free transfers properly so you can save money from unnecessary fees. In return, you can also see how it makes you feel the freedom to move money.

3. After the 20 free transfers, Just Pay a ₱9 fee or Use Your Go Rewards Points
   

   You might be wondering, “What if I exceed the 20 free transfers per month?”

   Don’t worry because we keep transfer fees to a minimum. After your monthly free quota, additional InstaPay transfers cost just ₱9 every transaction—still one of the lowest fees in the market. 

   Here’s a hack: you can use your Go Rewards points to cover the transfer fee. It helps you save more while enjoying the convenience of seamless, real-time fund transfers. By using GoTyme Bank features like paying your bills, MRT rides, or buying loads, you earn Go Rewards points. You can use these points in place of transfer fees when you exceed your monthly limit.

With free, low-cost, and flexible transfer options, GoTyme Bank is giving you full control over your money. Unleash your financial potential by learning how to move your money the smart and easy way. Take advantage of GoTyme Bank's 20 free InstaPay transfers per month and experience how you can move your money freely and easily.

Download our app today to unlock your full financial potential.

Frequently Asked Questions:

1. How many free InstaPay transfers do I get with GoTyme Bank?
   GoTyme Bank gives you 20 free InstaPay transfers every month. These apply to any transfer to other local banks, with no minimum amount required.
   
   
2.  What happens after I use up my 20 free InstaPay transfers?
   After your 20 free monthly transfers, each additional InstaPay transaction costs only ₱9.00—one of the lowest fees in the market!
   
   
3. Can I use Go Rewards points to pay for transfer fees?
   Yes! You can use your Go Rewards points to cover the ₱9.00 transfer fee after you’ve used up your free 20 InstaPay transfers.
   
   
4.  Is it free to send money between GoTyme Bank accounts?
   Absolutely. Transfers between GoTyme Bank accounts are completely free — forever; no hidden charges and no fees.
   
   
5.  How does the Send & Refer feature work?
   With Send & Refer, you can send money online using a person’s mobile number even if they don’t have a GoTyme Bank account yet. Once they create an account within 7 days, the money will be credited instantly.
   
   
6. Why should I use GoTyme Bank for money transfers?
   GoTyme Bank offers free, low-cost, and flexible options for moving money. With 20 free InstaPay transfers, forever-free GoTyme Bank-to-GoTyme Bank transfers, and the ability to use Go Rewards points for fees, it’s one of the smartest ways to manage and move your money online.