RCBC and SMBC are waiving fund transfer fees for corporate clients

Through its strong synergy and commitment to redefining banking solutions, Rizal Commercial Banking Corp. (RCBC) and Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch will process interbank transfers and receipt of funds transacted as inward and outward remittances between RCBC and SMBC Manila Branch coursed through PESONet, Real Time Gross Settlement (RTGS) system of the Bangko Sentral ng Pilipinas, and Philippine Domestic Dollar Transfer System (PDDTS) FREE OF CHARGE for all corporate clients starting October 2, 2023.  The free transaction fees will also be applied for SWIFT JPY starting October 16, 2023.