FREE Fund Transfer to Bank with GCash through Instapay to Banks Transaction!

Have you heard Instapay to Banks transaction? InstaPay is a viable alternative to cash and coins. It is a priority automated clearing system that aims to bring about a safe, efficient, affordable, and reliable retail payment in the country specifically for real-time, low value electronic fund transfer transactions.

Banking nowadays is faster than ever, but since there are also a lot of people transacting at the bank, the service is getting slow, I mean, have you ever experience going to the bank just to deposit and/or withdraw cash over the counter and end up wasting more than 3 hours waiting to be served? I did and it is such a hopeless experience, especially when you are in a hurry and got only so little time for waiting.  Most of us wanted an instant service and almost everything can be done with our mobile phones, from ordering foods, shopping online, paying bills online, the list goes on and on.

Most banking institutions in the country are charging certain amounts when you transfer funds to certain bank accounts. Most of us Filipinos doesn’t like the idea of paying extra just to transfer an amount to a bank account. Good thing there’s GCash and they are utilizing InstaPay – a Bangko Sentral ng Pilipinas service.  Now you can enjoy GCash to bank and bank to GCash transactions in less than 3 minutes on your mobile phones for FREE!

Isn’t that so convenient? You take control of your time, no more commuting to the bank, no more waiting in line or waiting for hours for your priority number to be called. All you need is GCash Bank Transfer and it is FREE! You can transfer funds using GCash to over 30 Banks for FREE. Powered by InstaPay, funds can be transferred through mobile wallets and Internet banking facility, as well as non-bank e-money issuers in the Philippines. 

Here is the list of supported Banks:

• 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
• Philippinen 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

Here’s a demo on how to Send Money to 30+ Banks for FREE at GCash:

To avail of this service, make sure your app is updated to the latest version:

1. Log in to the GCash App.

2. Select Send Money.

3. Select Send Money to a Bank Account.

4. Select which of the following banks you would like to Send Money to. Check the list above for the complete list of partner banks.

5. Enter the amount you wish to send, the bank account holder’s complete details, and select Next.

6. Please double check amount and bank account holder’s details before selecting Confirm. GCash will not be liable for wrong sending of funds due to incorrect information entered by user.

7. You will see a confirmation screen and receive an SMS with your complete transaction details.

This GCash Transaction is powered by InstaPay.

Aside from banking, you can now also pay an online seller that requires bank account payments through GCash Bank Transfer. You just need the bank account name and number to be able to transfer funds to any of the 37 partner banks in GCash Bank Transfer. Isn’t that so easy? 

You can also use GCash with your Lazada Shopping! I just did a Lazada Shopping few days ago and I paid it through GCash option. It is hassle free, very convenient and safe because before the transaction is being approved, they will send first a code to your mobile number that you need to enter at the Lazada payment transaction.

To enable the best experience of GCash, link your bank account to GCash and Cash-In to get started. By cashing-in to GCash using your bank account, you can enjoy premium GCash experience and get a wider range of options for your banking needs, all you have to do is link your bank account to your GCash and cash-in! 

Not only that, I am enjoying GCash when shopping at stores nationwide that accepts GCash payment. There are a lot of partner stores around the city that accepts GCash payments so it is more convenient for me everytime.

So what are you waiting for? GCash will be the future in Banking, Shopping and Payment, don't be left out, Register a GCash account now and enjoy Bank Transfer in just 3 minutes with InstaPay to Banks transaction, Shop Online with your mobile phone in as easy as 1-2-3,  Pay Bills, and many more.