Looking for easy money transfer? GCash has got you covered!

As the state weather bureau PAGASA declared the onset of the rainy season, visiting traditional retail banks may be a hassle for most of us, especially when we are rushing and need to transfer funds or make payments. 

GCash Bank Transfer

Looking for easy money transfer?

This is why GCash has been boosting its platform to promote mobile banking among Filipinos, taking advantage of the country's high smartphone penetration and the Filipinos' love for online shopping.

Supporting this, the company teamed up with more than 30 banks, enabling its users to make GCash-to-bank and bank-to-GCash transactions. 

Major banks including Bank of the Philippine Islands, BDO, Metrobank, Landbank of the Philippines, Philippine National Bank, among others, are onboard this initiative of bolstering the local digital economy. 

LOOK official list of banks on GCash app:

Bank of the Philippine Islands BDO
Metrobank
Landbank of the Philippines Security Bank Corporation Unionbank of the Philippines Philippine National Bank China Banking Corporation East West Bank
RCBC
UCPB
PS Bank
AUB
PBCom
DBP
Bank of Commerce
China Bank Savings CTBC Bank Dungganon Bank Equicom
ISLA Bank
Malayan Bank Savings Maybank
Omnipay
Partner Rural Bank (Cotabato) Paymaya
Philippine Business Bank Philippine Trust Company Philippine Veterans Bank PNB Savings Bank
RCBC Savings Bank Robinsons Bank Corporation
Sterling Bank of Asia Sun Savings Bank UCPB Savings Bank Yuanta Savings Bank

The service, powered by Bangko Sentral ng Pilipinas' InstaPay, allows users to electronically transfer funds to and from banks in real-time as well as non-bank e-money issuers in the Philippines.

Please take note that this service is FREE of charge.

So how does it work?

GCash said users can transfer funds within three minutes, but it only took us less than a minute when we tried the service. 

Easy to use, under 3 minutes

1. You just have to download the GCash app from Google Play Store or Apple App Store and create an account. 

2. On the app, you would see the "Cash-in" and "Send Money" features, where you could transfer money to and from GCash through online banking. 

3. Users only need to input the needed bank account information, and voila! GCash will send you a mobile message or email, informing you of the transaction. 

Process and confirmation

This is an easy, hassle-free way of transferring money compared to the traditional ways of lining up at the banks and waiting for your number to be called.

Have you tried GCash's bank transfer? Let us know your thoughts in the comments!