How to Withdraw Money From GCash

Having a GCash account makes life so simpler since you don’t want to make use of money to pay your payments, purchase pay as you go load or buy groceries on-line. It’s like a digital pockets that retains your cash secure and accessible in your smartphone. It’s additionally an effective way to switch or ship cash to your family members, and you may simply withdraw your cash anytime you need.

Let’s say that your good friend despatched cash to your GCash pockets and now you need to encash it. So how do you withdraw that cash out of your GCash account? Clearly you need to use GCash to purchase grocery gadgets or pay your restaurant invoice, however what for those who want to transform the cash to money? Many individuals additionally use GCash as some form of a “remittance middle” the place they conveniently switch cash from their financial institution accounts or bank cards to their recipient’s GCash account.

The excellent news is that withdrawing cash out of your GCash pockets is quick and straightforward so long as you’ve got a checking account. Because of InstaPay, GCash to financial institution transfers are accomplished immediately, even throughout non-banking days or hours. If you happen to don’t have a checking account, you possibly can nonetheless withdraw your cash at over-the-counter companions like Palawan Pawnshop and Bayad Middle.

You may as well simply withdraw your cash utilizing a GCash MasterCard that’s linked to your GCash pockets. The GCash MasterCard can be utilized to withdraw cash at over 20,000 BancNet and MasterCard ATMs everywhere in the nation.

GCash Money Out to a Financial institution Account

The simplest and quickest option to withdraw cash out of your GCash pockets is to a companion checking account. Since GCash to financial institution transfers are facilitated by InstaPay, you’ll have the cash in your checking account inside minutes.

These are the banks the place you possibly can money out out of your GCash pockets:

• AllBank (A Thrift Financial institution), Inc.
• Asia United Financial institution (AUB)
• Bangko Mabuhay
• Financial institution of Commerce
• BanKo, A Subsidiary of BPI
• BDO Unibank
• BDO Community Financial institution
• BPI / BPI Household Financial savings Financial institution
• Cebuana Lhuillier Rural Financial institution
• China Banking Corp.
• China Financial institution Financial savings, Inc.
• CTBC Financial institution (Philippines) Corp.
• Growth Financial institution of the Philippines (DBP)
• Dungganon Financial institution
• East West Banking Corp.
• East West Rural Financial institution
• Equicom Financial savings Financial institution
• ING Financial institution N.V.
• ISLA Financial institution
• Land Financial institution of the Philippines
• Maybank Philippines
• Malayan Financial institution Financial savings and Mortgage Financial institution
• Metrobank
• Companion Rural Financial institution (Cotabato)
• Philippine Financial institution of Communications (PBCOM)
• Philippine Enterprise Financial institution
• Philippine Nationwide Financial institution (PNB)
• Philippine Financial savings Financial institution (PSBank)
• Philippine Belief Firm
• Philippine Veterans Financial institution
• PNB Financial savings Financial institution
• Quezon Capital Rural Financial institution
• Rizal Industrial Banking Corp. (RCBC)
• Safety Financial institution
• Sterling Financial institution of Asia
• Solar Financial savings Financial institution
• UCPB Financial savings Financial institution
• Union Financial institution of the Philippines
• United Coconut Planters Financial institution (UCPB)
• Wealth Growth Financial institution

You don’t want an internet banking account to carry out a money out transaction. All you want are the financial institution particulars of the receiving occasion such because the account identify and checking account quantity.

To carry out a GCash money out to a checking account, open the GCash app and faucet “Financial institution Switch.” Be sure that your GCash account is already verified as you can not ship cash in any other case.

Choose the financial institution the place you propose to switch the cash to. To see the entire record of companion banks, faucet the “View All” icon.

On this instance, we’ll be withdrawing cash from GCash to BDO.

After selecting BDO from the record of banks, enter the quantity, the account identify, account quantity and e-mail deal with (elective). The utmost quantity you could switch is ₱50,000. Faucet “SEND MONEY” once you’re accomplished.

Assessment your transaction particulars and guarantee that the account identify and quantity are appropriate. Press “CONFIRM” to go forward with the withdrawal request.

That’s it. You may have transferred cash from GCash to your checking account. You’ll obtain a textual content affirmation and an e-mail receipt for those who offered your e-mail.

As talked about earlier than, GCash withdrawals to financial institution accounts are on the spot. If you happen to haven’t acquired the cash inside 24 hours, chances are you’ll contact the receiving financial institution and supply the ticket quantity to confirm the standing of your transaction.

Now that the cash is in your checking account, you possibly can withdraw it through an ATM or over-the-counter. Be sure you first verify that the funds are efficiently acquired by logging in to your on-line banking account (you probably have one). That is to keep away from any inconveniences within the uncommon occasion that the GCash to financial institution switch was delayed or unsuccessful.

GCash Money Out to Over-the-Counter Companions

If you happen to don’t have a checking account the place you possibly can ship your GCash funds, you possibly can decide to money out on the following over-the-counter companions:

• Villarica Pawnshop
• Tambunting Pawnshop
• Palawan Pawnshop
• Bayad Middle
• ExpressPay
• Puregold
• SM
• Robinsons

On the GCash app, you possibly can see which over-the-counter remittance facilities and shops settle for GCash money outs by tapping “Present Extra” after which “Money Out.”

You may view the money out directions and a map of close by branches by deciding on a money out companion (for instance: Palawan Pawnshop). You might click on the “View close by companions” banner to see the closest money out areas in your home.

Right here’s find out how to money out over-the-counter:

1. Go to your chosen over-the-counter companion outlet (equivalent to Palawan Pawnshop).
2. Inform the cashier that you just want to money out out of your GCash.
3. Replenish the GCash Service Kind and embody your GCash cellular quantity.
4. Give the shape and your valid ID to the cashier.
5. Anticipate the textual content affirmation of your money out and reply together with your 4-digit MPIN.
6. Declare the cash from the cashier. Rely your cash earlier than leaving.

Since this money out transaction entails replying to an SMS affirmation together with your GCash MPIN, you possibly can’t actually use it to ship cash to your pals or family members again house. Solely the GCash account holder can money out this fashion.

GCash Money Out Utilizing the GCash MasterCard

One other option to withdraw cash from GCash is by utilizing a GCash MasterCard, a pay as you go debit card that you need to use to pay for each on-line and offline purchases. The GCash MasterCard might be ordered on-line or at companion comfort shops. Learn this text to discover ways to get your personal GCash MasterCard.

As a way to withdraw cash utilizing your GCash MasterCard, you’ll have to hyperlink it first to your GCash account. As soon as linked, the cardboard will draw the cash out of your GCash pockets, whether or not it’s to pay for purchases or to withdraw cash at an ATM.

You may withdraw cash utilizing your GCash MasterCard at any BancNet ATM anyplace within the nation. It may also be used at MasterCard ATMs overseas. The native ATM withdrawal charge is ₱20 per transaction and the abroad withdrawal charge is ₱150 per transaction.

Want Assist?

You’ve simply discovered find out how to money out your GCash funds to your checking account, remittance middle or ATM. GCash is dependable and safe so that you’re assured that your cash arrives safely at your supposed receiver. In case you entered the unsuitable fee particulars or if the cash didn’t arrive at your receiver, you possibly can ask for help by submitting a support ticket or calling 2882. Present the reference quantity or ticket variety of the transaction to expedite their investigation.