In the current digital era, transferring money between accounts quickly and easily is very important. When moving funds from your Metrobank account to your GCash electronic wallet, there are two main methods available: using the Metrobank mobile app and using Metrobank Online. Both offer fast and secure ways to transfer funds, and the choice often depends on personal preference and accessibility.
In this article, we’ll guide you through the steps involved in both methods, ensuring a smooth and successful transfer money from Metrobank to GCash wallet.
Understanding the Transfer Limits and Fees
Before diving into the steps, it’s important to be aware of the transfer limits and fees associated with transferring money from Metrobank to GCash.
- Transfer Limits:
- InstaPay: This method allows for real-time transfers of up to PHP 50,000 per day.
- PESONet: While not as instant as InstaPay, PESONet offers a higher daily transfer limit of PHP 200,000. However, PESONet transfers have a cut-off time of 3:00 PM on weekdays. Transactions processed after this time will be credited on the next business day.
- Transfer Fees: Metrobank charges a PHP 25 fee for successful InstaPay transfers. PESONet transfers may incur fees depending on the receiving bank. It’s always best to double-check the specific fees associated with your chosen transfer method before initiating the transaction.
Transfer Money From Metrobank to GCash
Below we describe in detail for you the two methods that you can choose according to your wishes.
A. Transfer Money from Metrobank to GCash using the Mobile App
1. Open the Metrobank Mobile App and Log In: Launch the Metrobank mobile app on your smartphone or tablet. Ensure you have the latest version downloaded for optimal security and functionality. Log in using your valid Metrobank account credentials.
2. Access the Transfer Menu: Once logged in, navigate to the section dedicated to transferring funds.
3. Choose “Transfer to Other Bank” and Select “InstaPay”: Within the transfer menu, locate the option for transferring funds to other banks. Select this option and then choose “InstaPay” as your preferred transfer method. You can choose either InstaPay or PESONet as the online transfer facility. We’ll choose InstaPay as it has real-time transfers, unlike PESONet which takes several hours.
4. Select GCash as the Recipient and Enter Details: On the “Transfer to Other Bank” screen, select GCash as the recipient bank. You will then be prompted to enter the recipient’s details. Here, you have two options:
- Enter the GCash Registered Mobile Number: This is the most common method. Enter the 11-digit mobile number associated with the GCash account you want to transfer funds to.
OR
- Enter the GCash Registered Email Address (Optional): If you know the recipient’s registered GCash email address, you can use that instead of the mobile number. However, the mobile number is the preferred method.
5. (Optional) Save Beneficiary Details: For future convenience, you can choose to save the recipient’s details as a beneficiary. This eliminates the need to re-enter their information for subsequent transfers.
6. Select the Transfer Account and Enter Amount: Choose the Metrobank account you want to debit funds from. Then, enter the amount you wish to transfer to the GCash account. Double-check the amount to ensure accuracy.
7. Review and Confirm the Transaction: A summary screen will display all the transaction details, including the recipient’s information, transfer amount, and source account. Carefully review all the details to ensure they are correct. Once confirmed, proceed to submit the transfer request.
8. Verify with One-Time Password (OTP): You will receive a one-time password (OTP) on your Metrobank-registered mobile number. Enter this OTP within the designated field in the app to verify and finalize the transfer.
Video Transfer Money From Metrobank to GCash:
B. Transfer Money From Metrobank to GCash using Metrobank Online
1. Access Metrobank Online: Open a web browser on your computer or mobile device and navigate to the Metrobank Online website: https://onlinebanking.metrobank.com.ph/.
2. Log In to Your Metrobank Online Account: Enter your valid Metrobank Online username and password to log in securely.
3. Go to the “Send Money” Section: Once logged in, locate the section dedicated to sending money. This may be labeled “Send Money,” “Transfers,” or a similar option depending on the layout of the Metrobank Online interface.
4. Choose “Other Banks” and Select “InstaPay”: Within the “Send Money” section, choose the option for transferring funds to other banks. Then, select “InstaPay” as your preferred transfer method.
5. Select GCash as the Recipient and Enter Details: Similar to the mobile app method, on the “Send Money to Other Banks” screen, select GCash as the recipient bank. Here, you can choose to enter either:
- The GCash Registered Mobile Number: Enter the 11-digit mobile number associated with the recipient’s GCash account.
OR
- The GCash Registered Email Address (Optional): While less common, you can use the recipient’s registered GCash email address instead of the mobile number.
6. (Optional) Add Beneficiary: For future ease of use, you can opt to add the recipient’s details as a beneficiary. This saves you from re-entering their information for subsequent transfers.
7. Choose the Transfer Account and Enter Amount: Select the Metrobank account you want to transfer funds from. Then, enter the desired amount you wish to transfer to the GCash account. Double-check the amount for accuracy.
8. Review and Confirm the Transaction: A summary screen will display all the transaction details, including the recipient information, transfer amount, and source account. Carefully review all the details to ensure accuracy. Once confirmed, proceed to submit the transfer request.
9. Verify with Security Code: For an additional layer of security, Metrobank Online will likely prompt you to enter a security code. This code might be sent to your registered mobile number or email address. Enter the code within the designated field to verify and finalize the transfer.