Bank transfer is one of the most used features of GCash. There are only a few other fintech apps that allow free transfers. A side effect of this is the fact that it has also become the only free way to cash out in GCash — all you need to do is to transfer it to the bank where you already have an ATM, then withdraw from that ATM. All of the other cash out methods involve a fee.
Let’s say that you want to transfer money to a BPI account from your BDO account, but unfortunately, you don’t have a BDO online banking account. It takes some time to register and activate a BDO online banking account, which involves going to an ATM to enter a code. What you can do instead is to use your BDO Visa or MasterCard bank card to load your GCash wallet and once the money is in.
Any other bank accounts in the Philippines: A maximum of PHP 300,000 per transfer There are no daily, weekly or monthly cumulative limits. However please be aware that high-value transactions, including multiple low-value transactions over a short time period, may be delayed while the required compliance documents are gathered and verified.
Any Juan dela Cruz with a GCash account and BSP-supervised bank account can just transfer funds quickly anywhere in the Philippines where there is internet. How to use GCash for bank transfer With the GCash app, you can just transfer your hard-earned money from your bank account directly to a GCash account, and vice versa.
Users can now transfer money from GCash wallet to bank By Gigi De Leon on 2019-03-30 GCash is pushing the envelope further for its users as far as online banking transactions are concerned.
So let’s say you are purchasing something online and you want to use the convenience of online banking for your transaction, you should make sure that the online seller is also using Metrobank. Otherwise, your only choice would be to deposit the money through another bank or to use payment methods such as Paypal, Western Union, ML Kwarta Padala, and others. Or maybe your good old credit card.
The nation’s leading mobile money service GCash have fully rolled out its fund transfers service, allowing customers to transfer funds from their GCash App to any of the over 30 banks supported nationwide. Thanks to this feature, fund transfer times have been virtually reduced to zero and paper wastes eliminated, as it will only take less than 3 minutes to complete a transfer transaction.
How to Link Bank Account or Paypal Account in GCash: If you have a bank account or PayPal account, I suggest you link it to your GCash so that it’s easier to transfer your funds. You don’t need to go to the centers to cash-in or cash-out, diretsyo na sa account mo.