If you’re an online banking user, transferring money between bank accounts is certainly easy. One way you can learn how is to transfer money from one account to another using Gcash. You can use GCash as an intermediary to transfer funds between two bank accounts.
For example, you want to transfer money from your BPI account to your BDO account, but you don’t have a BPI online banking account. You can use a BPI Visa or MasterCard to top up your GCash wallet, and once the money is in your wallet, you can simply transfer the money to that account.
If you don’t have a Gcash account yet, you can register for one in the GCash app, which you can install from Google Play and the App Store. You can register for a free account in less than a minute and receive a free gift worth ₱70. After registering, you’ll need to verify your GCash account by taking a selfie and uploading a photo of your ID. Verification allows you to make online deposits and withdrawals.
Step one, Add Your Card to Gcash
The first step you need to take is to add a bank card to your GCash account. You can add a maximum of three cards per account. However, if you prefer to use other cash payment options, such as online banking, or already have a linked card, you can skip this step.
Here are the steps to link a card to your GCash account:
- Open the GCash app.
- Tap the hamburger icon in the top left corner. A slide-out menu will appear.
- Tap “My Linked Accounts.”
- Select “My Bank Cards.”
- Tap the “ADD CARD” button.
- Fill in your card details, such as cardholder name, card number, expiration date, and CVV.
- Wait for the card to be added, and you will receive a message when it is successfully added.
- Once added, you can use it to top up your GCash wallet.
Step two, Add Money to Your GCash Wallet
The second step is to add funds to your GCash wallet using your Visa or MasterCard bank card.
Here are the steps:
- Open the GCash app and log in using your MPIN.
- Tap “Top Up” on the home screen.
- Select “Bank Card” under “My Linked Accounts,” or select “MasterCard/Visa Bank” under “Online Banking.”
- Enter the amount and select your bank card if you have multiple cards. Tap “SEND.”
- Review your payment details and tap “CONFIRM.”
- Wait a few moments while your top-up request is being processed. Afterward, a message will appear confirming your top-up was successful.
- If you don’t have a credit or debit card, you can use several top-up options available on GCash, such as Palawan Pawnshop, Cebuana Lhuillier, Bayad Center, and more. You can refer to this page for a complete list of GCash top-up options.
Step Three: Transfer Money to the Bank
After you’ve topped up your GCash wallet, the next step is to transfer the money to the recipient’s bank account, which is supported by InstaPay, so you or the recipient will receive the money instantly.
Here are the banks that accept GCash transfers:
- BDO Unibank
- BPI and BPI Family Savings Bank
- Bank of Commerce
- China Banking Corporation
- Development Bank of the Philippines (DBP)
- East West Banking Corporation
- Metropolitan Bank and Trust Co. (Metrobank)
- LandBank of the Philippines
- Philippine National Bank (PNB)
- Philippines Savings Bank (PSBank)
- Philippine Bank of Communications (PBCOM)
- Security Bank
- Union Bank of the Philippines
- Rizal Commercial Banking Corporation (RCBC)
- United Coconut Planters Bank (UCPB)
for the complete list you can open it here
Here’s how to transfer money from GCash to a bank account:
- Click “Bank Transfer” and select the bank you want to transfer the money to.
- Click “View All” to see the complete list of partner banks.
- Enter the amount, account name, bank account number, and email address.
- Click “SEND MONEY” to verify your payment details. If everything is correct, click “CONFIRM” and the GCash will be transferred to your bank.
- Once the transfer is complete, you will be contacted via email and text message.
So, you can use GCash if you don’t have an online banking account or can’t access one, and you’ve just learned the steps to use GCash to transfer money from one account to another. We hope this helps!