GCash is revolutionizing the way we pay bills and online transactions. Now I will show you how to cash out GCash for free. Yes, no transaction fees.
As a bonus, I have also added guides on how to schedule transfers if you don’t want to get bugged paying bills on a periodic basis. If you want to know how to cash in to GCash, you may check my other post.
Here’s the step by step guide on how to send money from GCash to any Philippine bank
Login to GCash
Tap Send Money
Tap Send to Bank
Tap the bank to transfer
Enter amount in Php
Enter Account Name and Account Number
Enter email to receive the receipt (optional)
Tap Send Money
Double check the details. Once confirmed, tap Confirm
Tap Ok and check your Available Balance if it’s already updated
Here’s a Youtube video on how to send money to any bank.
This is the list of partner banks to send money thru GCash. More than 40 partner banks accepts GCash.
Bank of Commerce
BDO Network Bank
BPI Direct Banko
Cebuana Lhuillier Rural Bank Inc.
East West Rural Bank Inc.
Equicom Savings Bank
ING Bank N.V.
Malayan Bank Savings and Mortgage Bank
Maybank Philippines Inc.
Partner Rural Bank (Cotabato) Inc.
PayMaya Philippines Inc.
Philippine Business Bank Inc.
Philippine Trust Company
Philippine Veterans Bank
PNB Savings Bank
Quezon Capital Rural Bank
Robinsons Bank Corporation
Sterling Bank of Asia Inc.
Sun Savings Bank Inc.
UCPB Savings Bank
Wealth Development Bank
How to Save Bank Account in GCash (for Scheduled Transfers)
This is a prerequisite if you want a smoother transaction. Here’s a step by step guide on how to save a bank account.
Log in to Gcash
Tap Send Money
Tap Add Account
Select the bank
Enter Nickname of bank account
Enter Account Name and Account Number of recipient
Enter email for the confirmation receipt (optional)
Tap Done. Tap Next
Double check the details and tap Confirm
Tap Ok and you’re done
Check if the saved bank account is reflected
Embedding this Youtube video if you prefer the on-screen tutorials.
Once you save a bank account, you no longer need to enter the transaction details of recipient such as account name and account number as well as your confirmation email. You just need to tap the saved bank account, no manual entering of information again and you’re done.
Here’s a step by step guide on how to create scheduled transfers.
Log in to GCash
Tap Bank Transfer
Tap the Saved Bank Account that you want to create a scheduled transfer
Under Create Scheduled Transfers, tap Add New Schedule
Select the desired period: Week or Month
On Repeat Every dropdown, select the desired frequency
Double check and tap Confirm
Tap Okay and you’re done
I created a Youtube video for this tutorial.
GCash is my ultimate companion app. I really appreciate that they’re not charging for any transaction fees: either cash in or cash out. This is phenomenal and I am hoping that they would continue doing this.
Some tech startup offers a free service just for the sake of acquiring more users. But when the user base grows, the free service turns into a paid service.
Paul Dabuco is the author of Juan Investor. He’s passionate about investing and digital marketing. When he’s not blogging he’s either tinkering on his clients’ Facebook ads or beachbumming.
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