GCash allows you to send money to any bank, but it also allows you to link one directly to your GCash account.
You can even link more than once, so there is no need to change banks to take advantage of the feature.
If you want to know how to link a bank account to GCash, check out all of the details in this article.
How to link a bank account to GCash?
Follow these steps on how to link your bank account to your GCash wallet:
Step 1: Open the GCash app on your smartphone and click on the Profile icon in the lower right corner.
Step 2: Select My Linked Accounts.
Step 3: Click your preferred bank account/financial service for linking.
Step 4: Follow any additional steps, such as logging in to your account and providing an OTP.
Once your bank account is successfully linked, you will be able to see a confirmation screen, but an SMS will also be sent to your mobile number.
Why should I link my bank account to GCash?
Bank transfer fees through PESONet or InstaPay are not free of charge between banks, so being able to link an eligible account to GCash could work wonders, especially since there are millions of GCash users in the Philippines.
Instead of sending money directly to a bank account of another individual, you can ask first whether they would prefer to receive it via GCash.
If you have an eligible bank account, you can send that money quickly and free with just a few taps on your phone.
Cashing in funds from linked bank accounts to GCash is free, and sending money to other users is free.
If you’re not sending that money to anyone, you could enjoy the convenience of buying load, paying bills, and doing other financial transactions all within the GCash app.
What bank accounts can I link to GCash?
GCash has expanded the type of bank accounts that you can link to your GCash account, including BPI, MetroBank, and Unionbank.
If you have accounts with all these banks, you can link anyone, a combination of, or even all three of them.
How do I cash in from a linked bank account to GCash?
Once you have a linked bank account, you should only cash in using the GCash app to take advantage of the free cash-in service.
You can still use the transfer option from your bank’s app or website, but a small transfer fee would cost you.
Here is how you can cash in funds from your linked bank account to GCash:
Step 1: Open the GCash app on your smartphone.
Step 2: Click on the Cash In button.
Step 3: Wait for the page to fully load, then tap your account displayed under My Linked Accounts.
Step 4: Input the amount you want to cash in.
Step 5: Double-check if you typed right before pressing the Next and Confirm buttons.
Step 6: Wait for an OTP and enter it.
Step 7: Press the back icon button multiple times to go back to your GCash home page or simply close and open the app again.
You should now be able to see your updated GCash balance, along with a notification from both GCash and your linked bank account once the transaction is successful.
What are other accounts available for linking to GCash?
If you have any, you can also link your GCash account to your PayPal, Payoneer, and GlobeOne accounts.
On the other hand, some GCash products are also readily available such as American Express Virtual Pay and GCredit.
You can also link up to three GCash Mastercards to your GCash account.
I need to be fully verified to link my bank account to GCash?
Yes, you need to be fully verified to be able to link your existing bank account to GCash.
Being fully verified may take some tries, but your wallet limit also increases once you can link your bank account to your GCash account.
So it would be advantageous to you if you could link your bank account to GCash even if you are already fully verified.
What are the fees for linking a bank account to GCash?
Linking your bank account to GCash is free of charge, and you can even link all of your bank accounts to the app.
You need to follow the steps we outlined above, and you’re good to enjoy the convenience.
Is sending money from GCash to a linked bank account free?
No, sending money from your GCash account to any linked bank would be similar to sending money to any other bank, with the corresponding InstaPay fees.
Sending money from a linked bank account to GCash directly from the Cash In section of GCash is free of charge, but you cannot send back the same money for free.
However, there is an alternative way to do just that, which will be discussed in the next section.
How to transfer money from GCash to a linked bank account for free?
To transfer funds from your GCash account to a linked or any other bank account while avoiding the fees, you can utilize ShopeePay.
Open the Shopee app on your smartphone and cash into your ShopeePay wallet using funds from your GCash account.
You need to withdraw funds to your selected bank account without any transfer fee.
Why did I not receive my cash in from the linked bank account?
If you did not receive your requested fund immediately after trying to cash in from your GCash-linked bank account, you should wait for a few minutes.
The transfer should be instant, so if it took some time and you still haven’t got your money on your GCash account, you should submit a ticket using the Help Center of GCash or call a customer support agent.
Alternatively, you can also contact your bank to inform them of the unsuccessful transaction.
How can I contact GCash if there is a problem with the linked bank account cash in?
If you have any problem or concern regarding your linked bank account, call the GCash 2882 hotline.
You can also send a message through the Help Center in the app, where you can already attach supporting screenshots, messages, or other notifications.
Linking your bank account to GCash increases your wallet limit and gives you convenience in transferring funds.
Plus, cashing in becomes free of charge, so link your accounts to save on money transfers.
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