In today’s fast-paced world, online transactions have become an essential part of our daily lives. With the rise of digital payment platforms, it has become easier and more convenient to transfer funds BPI to Gcash online. One such platform that has gained immense popularity in recent years is Gcash.
In this article, we will guide you through the process of transferring funds from BPI to Gcash. Before
BPI to Gcash: Step Guide
BPI, or Bank of the Philippine Islands, is one of the largest banks in the Philippines. It offers a range of financial services, including savings accounts, credit cards, and loans. On the other hand, Gcash is a mobile wallet that allows users to pay bills, purchase goods and services, and transfer funds online.
Now that we have a basic understanding of both BPI and Gcash let’s proceed to the process of transferring funds.
Step 1: Register for a Gcash Account
To transfer funds from BPI to Gcash, you need to have a Gcash account. If you do not have one, you can easily register for a Gcash account by downloading the Gcash app from the App Store or Google Play Store. Once you have downloaded the app, follow the on-screen instructions to register for an account.
Step 2: Link your BPI account to your Gcash account
To transfer funds from BPI to Gcash, you need to link your BPI account to your Gcash account. To do this, follow the steps below:
- Log in to your Gcash account.
- Tap on the ‘Bank Transfer’ option on the app’s home screen.
- Select ‘BPI‘ as your bank.
- Enter your BPI account details, including your account number and account name.
- Tap on ‘Save.’
- Once you have linked your BPI account to your Gcash account, you can now proceed to transfer funds.
Step 3: Transfer funds from BPI to Gcash
To transfer funds from BPI to Gcash, follow the steps below:
- Log in to your BPI account using the BPI Mobile App or BPI Online.
- Select ‘Transfer Money’ and choose the account you want to transfer funds from.
- Select ‘Transfer to Other Bank.’
- Enter the amount you want to transfer and select ‘Gcash’ as the receiving bank.
- Enter your Gcash-registered mobile number as the recipient’s account number.
- Confirm the transaction details, and then click ‘Next.’
- Enter the one-time PIN (OTP) sent to your mobile phone.
- Click ‘Submit’ to complete the transaction.
- Congratulations! You have successfully transferred funds from BPI to Gcash.
It is important to note that BPI charges a PHP 50.00 fee for every transaction, while Gcash does not charge any fees for fund transfers.
In conclusion, transferring funds from BPI to Gcash is a simple process. By following the steps outlined in this guide, you can easily transfer funds from your BPI account to your Gcash account. With the convenience of online transactions, you can now easily manage your finances and make payments from the comfort of your home.