Users can now transfer money from GCash wallet to bank (2024)

GCash is pushing the envelope further for its users as far as online banking transactions are concerned.

Users can now transfer money from GCash wallet to bank (1)

Recently, the mobile money service provider added the GCash “Bank Transfer” feature to its menu of services, allowing users to go for GCash-to-bank and bank-to-GCash transactions for free and in real time.

From offering fund transfer service between GCash wallets, the fintech platform has indeed moved into the world of bank facilities to level up the banking experience of its customers.

Powered by InstaPay which is an initiative of the Bangko Sentral ng Pilipinas, GCash Bank Transfer makes it possible for users to send, transfer, or deposit money to banks for free using GCash in less than three minutes via their smartphone.

With the speed, ease, and convenience afforded by this new feature, users don’t have to beat the traffic to go to the bank and line up for several minutes just to complete a transaction.

Whether they are sending money to a relative or friend, paying online sellers requiring bank deposits, or making fund transfers from their GCash wallet into their own bank account, the free online deposit scheme with GCash will simplify the process for them.

Adding to this convenience are the 37 bank partners which have signed up for GCash Bank Transfer. Among these are the Bank of the Philippine Islands (BPI), BDO, Metrobank, Landbank, Security Bank, Unionbank, Philippine Veterans Bank, RCBC, and other leading institutions in the country.

Smaller and rural banks are also in the roster, including Sterling Bank of Asia, Sun Savings Bank, UCPB Savings Bank, Yuanta Savings Bank, Dungganon Bank, and Partner Rural Bank in Cotabato, among others.

A GCash user may transfer funds for free to any of these 37 banks and vice versa quickly and seamlessly just by providing his bank account name and number.

But first, a user should link his or her bank to GCash and Cash-In to GCash using his bank account to get started. Cash-In is the process of funding a GCash wallet.

Here’s how to do it:

Users can now transfer money from GCash wallet to bank (2)

Linking a Bank Account to GCash

  • Log in to the GCash app.
  • Go to Menu.
  • Select “My Accounts” and then select your bank.
  • Log in to your bank account. By doing this, you are signifying your agreement to the bank’s Terms and Conditions.
  • You will receive a message to inform you that your registration was successful.
  • You may begin cashing in to your GCash wallet.

To Cash In

  • Log in to the GCash app.
  • Select Cash-In.
  • Select the name of your bank to GCash, e.g. BPI to GCash (One may cash-in via BPI Mobile Banking, RCBC Mobile Banking, UnionBank Mobile Banking, and MasterCard/Visa debit cards found in the GCash App)
  • Enter the amount and your bank account name.
  • Confirm your transaction details and select “Confirm”.
  • Confirm your mobile number. Select “Send the Code”.
  • Enter your authentication code consisting of six digits. Then select “Submit”.
  • You will receive a message to inform you that your registration was successful. You will also receive an SMS confirming your Cash-In transaction.

After Cashing-In to GCash using his bank account, the user may now proceed with his GCash-to-bank and bank-to-GCash transactions and benefit from a wider range of banking options.

To use the GCash Bank Transfer service for GCash to bank transaction

  • Log in to the GCash app.
  • Select “Send Money”.
  • Next, select “Send Money to a Bank Account”.
  • Select the bank to which you will send the money. To do this, choose from the Dropdown Menu which lists the partner banks of GCash.
  • After choosing the bank, enter the Account Name, Account Number, amount that you will send, and other bank details. Then select “Next”.
  • Check the bank account details you have provided to make sure you gave the right information. Then select “Confirm”.
  • A confirmation message will appear. You will also receive an SMS with your transaction details.

By taking its vision a step further and bringing its users to the world of online banking, GCash has indeed pushed the envelope further.

Yet, contrary to what the word connotes, “push” as far as GCash is concerned, is not about forcing something to move forward. Rather, it is about going with the flow, or naturally taking that next step toward better things. In this case, these better things include a faster, easier, and more convenient banking experience for GCash customers for free.

Users can now transfer money from GCash wallet to bank (3)

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Users can now transfer money from GCash wallet to bank (2024)

FAQs

Is it possible to transfer money from GCash to bank account? ›

To view the list of available banks on the GCash App, tap Transfer. Tap View All on the bottom of the screen to see the complete list of banks you can transfer to.

Is GCash available in USA? ›

Mobile wallet GCash on Friday announced it was expanding its international footprint by making its services available in the United States.

How long does it take to transfer money from GCash to bank account? ›

Transfer to Other Banks

It may take a few minutes for the transaction to be reflected on your GCash wallet. If the transaction is still not reflected within two (2) banking days, please refer to this page on how you can contact us.

How to transfer money from GCash to international bank account? ›

How do I cash in using GCash while overseas?
  1. Note: Cashing in overseas is for Fully Verified users. ...
  2. STEP 1: On your GCash App, tap Cash In.
  3. STEP 2: Tap View All. ...
  4. STEP 4: Follow the instructions from your selected bank.

What is the maximum bank transfer from GCash? ›

Refer to the table below for the limits applicable to GCash wallets. Cash in up to P50,000 and receive your funds in real-time. Cash in more than P50,000/txn and receive your funds by the next banking day. May vary depending on your bank's set limit.

Where can I cash out money from GCash? ›

You can cash out at any BancNet and/or Card affiliated ATM or at any GCash Partner Outlet. Simply look for the logo of either Mastercard or BancNet on the ATM.

How can I receive money from GCash from USA? ›

How to Claim on the GCash App
  1. Log in to the GCash App and tap on Cash In.
  2. Under Remittance, select Western Union. Enter the exact amount of remittance to be received, then enter the Reference Number. ...
  3. There will be a confirmation page with the details of your cash-in transaction.

How do I set up GCash from USA? ›

How to register?
  1. Enter MPIN & start enjoying GCash!
  2. Select country, & input mobile number.
  3. Enter information.
  4. Set your MPIN (make sure you don't forget this), then proceed to log in.
  5. Ready your PH Passport or a valid PH ID for scanning to verify your account.
  6. Prepare for facial verification via selfie.
Feb 23, 2023

How can I send money to USA using GCash? ›

Cash In via International Remittance

Enter the amount to be sent and choose Mobile Money - GCash. Enter the recipient's information: Enter Payment Details using Debit Card, Bank account or Credit Card. Confirm the information and complete the transaction.

What banks can be linked to GCash? ›

Mobile Facilities and Online Banking Partners
  • 7-Eleven Barcode.
  • MoneyGram.
  • Western Union.
  • BPI to GCash.
  • PayPal to GCash.
  • RCBC to GCash.
  • Mastercard/Visa Debit to GCash.
  • UnionBank to GCash.
May 21, 2021

What is the bank name of GCash? ›

The collaboration between CIMB Bank and GCash has given birth to the country's first-ever bank account that can be opened and maintained straight from the GCash app! No initial deposit, no maintaining balance, no lock-in period, and no-hassle in moving funds to and from your GCash wallet.

Can I still use GCash abroad? ›

Now with the Beta Version of GCash Overseas, you can use an international SIM card to open an account while abroad. The Beta Version is out now in Japan, Italy, and Australia. Even if you are a Filipino living overseas, you will still be able to seamlessly use GCash services!

What country is GCash available? ›

The service will be available in the following countries: Egypt, Ghana, India, Malaysia, Mexico, Nepal, Nigeria, Pakistan, Panama, Peru, Singapore, South Africa, Spain, Sri Lanka, United Arab Emirates, United Kingdom, United States of America, Vietnam, Yemen, and Zambia.

How to send money from USA to Philippines? ›

  1. Wise.
  2. Western Union.
  3. Remitly.
  4. WorldRemit.
  5. MoneyGram.
  6. Skrill.
  7. Paysend.
  8. Remitly vs Wise.

What type of wallet is GCash? ›

GCash is a mobile wallet issued by Filipino telco Globe Telecom. Customers can use GCash to shop online and in-store, send money, top up mobile phone credits and pay bills.

How do I know if my GCash transfer is successful? ›

If you are the recipient, you will also receive an SMS confirmation from GCash. TIP: To know more on how to check your transaction history, visit Where can I find my Transaction History in the GCash App. If you still did not receive your money after performing the steps above, file a ticket in the Help Center.

How can I increase my GCash transfer limit? ›

You can increase your wallet and transaction limits by:
  1. Verifying your GCash Account. Visit How do I get Fully Verified? ...
  2. Linking and Cashing In from any of the following banks to your GCash Account: Financial Institution. ...
  3. Opening a GSave Account and deposit at least ₱100. ...
  4. Opening a GInvest Account and invest at least ₱100.

Can you withdraw money from GCash without card? ›

If you don't have a GCash Mastercard or any bank account where you could transfer money to, you can withdraw your GCash money from any of the over-the-counter (OTC) partner outlets in convenience stores, pawnshops, supermarkets, payment facilities and department stores.

Is there a cash in limit in GCash? ›

Over-the-Counter Cash In

Cashing in is free in all over-the-counter outlets until you reach a monthly limit of Php 8,000. After reaching this limit, a service fee of 2% will apply each time you cash in.

Can I cash out money from GCash to 711? ›

Cash In via the CLiQQ Kiosk

Visit a 7-Eleven branch and go to the CLiQQ kiosk. Select E-money, then select GCash. Enter your GCash-registered number, enter and confirm the cash in amount, and wait for the printed receipt. Present receipt to the cashier and pay.

Can you transfer GCash to PayPal? ›

To Cash In with PayPal, follow these steps: STEP 1: On your GCash homepage, select Cash In. STEP 2: Under the Global Partners and Remittance tab, select PayPal.

Can you connect international bank to GCash? ›

No, senders overseas can't send the money to your GCash wallet. You will have to use a third-party money transfer service like Remitly, WorldRemit, Wise, or Skrill to make a remittance.

Who owns GCash Philippines? ›

GCash is a Philippine mobile payments service owned and operated by Globe Fintech Innovations, Inc., doing business as Mynt.

Is GCash international or not? ›

GCash is available overseas for Fully Verified users. Please see the table below for the list of services available for Philippine-issued and Non-Philippine issued SIM while overseas.

Does GCash require a bank account? ›

Yes, you can use GCash without bank account or credit card. However, you'll need to be registered with an ATM card and have a verified GCash account.

What is my bank account number in GCash? ›

Your Virtual Account Number (VAN) can be found at the back of your GCash Card and inside the GCash App.

How much does Western Union charge for GCash? ›

How much is the charge for GCash in Western Union? Western Union charges no fixed fee to send money to a mobile wallet in the Philippines. It will charge an exchange rate markup of around 1.2% to 1.75%.

How much is the international transfer fee? ›

How much do international bank transfers cost? Every bank is different, but in general you can expect them to take as much as 3-4% of your total transfer as a fee when you send money internationally.

Can I use GCash without Philippine number? ›

Philippines' mobile wallet GCash can now be used abroad in Japan, Australia, and Italy with international SIM cards through the beta launch of GCash Overseas. GCash claims to be the e-wallet the first and only in the country to do so.

Can I still use GCash without SIM card? ›

Your GCash account and your funds will remain secured even if you have not yet registered your SIM. However, in line with the Sim Registration Act, you are required to register your SIM with your own telco provider before July 25, 2023. Otherwise, your SIM will be deactivated.

Can you use GCash anywhere? ›

Why GCash. Make fast and secure mobile payments with GCash. Using the secure wallet features of GCash, your remittance can be used to shop online, pay bills and purchase essentials anytime, anywhere.

What bank in the Philippines that I can send money from USA? ›

With WorldRemit you can transfer money to current, savings and business accounts with all the major banks in the Philippines and the funds will be credited almost immediately. Send to Metrobank, LandBank, Philippine National Bank (PNB), Bank of the Philippine Islands (BPI) and Banco de Oro (BDO).

How much money can be transferred from Philippines to USA? ›

Frequently asked questions. How much money can I send to the US from the Philippines? You can send up to 15,000 USD equivalent in PHP per money transfer from the Philippines to the USA. The limit is 7,500 USD equivalent in PHP when sending to the US South West Border States.

Can I use Zelle in the Philippines? ›

No, Zelle® can only be used to send funds to someone who has a bank account in the United States.

Is there a charge for GCash to BPI? ›

Will I be charged a fee to cash in via my linked BPI account in the GCash App? This service is free of charge for all GCash Users. However, BPI may impose fees for customer-initiated debits on certain types of accounts (such as BPI's Kaya Savings accounts, which have a P5. 00 fee/debit).

Can you send money from GCash to Union Bank? ›

Cash In via Banks in GCash

STEP 1: On the lower right corner of the GCash homepage, click Profile. STEP 2: Tap on My Linked Accounts. STEP 3: Select UnionBank and input your Username and Password. STEP 4: Enter the One-time password sent to your UnionBank registered mobile number and tap Submit.

How much does GCash charge for cash out? ›

Are there any fees to Cash Out of my GCash account at partner outlets? You will have to pay a 2% withdrawal fee when you Cash Out of GCash at over the counter partner outlets. Given this, you should use this option for times when you need money urgently, and ideally for lower amounts.

How to convert GCash to BPI? ›

How do I transfer money from my GCash Wallet to my #MySaveUp by BPI account?
  1. Log in to your GCash Account.
  2. Tap on GSave on your dashboard.
  3. Tap #MySaveUp by BPI from the GSave Marketplace.
  4. Tap Deposit.
  5. Input the amount that you want to deposit, then Tap Next.
  6. Tap Pay.
  7. You will then receive an in-app receipt, then tap Done.

Which country owns GCash? ›

Philippines

Can GCash be used internationally? ›

GCash is available overseas for Fully Verified users. Please see the table below for the list of services available for Philippine-issued and Non-Philippine issued SIM while overseas.

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