Last updated on October 26th, 2023 at 12:00 pm3 minutes read
Do you find it frustrating to pay hefty fees when you transfer money from GCash to your bank? Well, your search for a solution is over! In this easy-to-follow guide, we’ll show you how to transfer your money from GCash to your bank without fees, using only two apps: GCash and CIMB. Say goodbye to those annoying fees and enjoy smooth, fee-free transactions.
Step 1: Open your GCash App and click GSave
Let’s kick things off by opening the GCash app on your mobile device. If you don’t have it yet, head over to the App Store (for iOS) or the Google Play Store (for Android) to download it.
Step 2: Click CIMB (and create an account if you haven't already)
Inside the GSave section, you’ll spot various options for saving your money. Look out for the CIMB option and give it a tap. If you haven’t linked a CIMB account to your GCash, follow the prompts to set up your account. This usually involves providing your basic information and confirming your identity.
Step 3: Deposit the desired amount
Now that your CIMB account is good to go, proceed to deposit the amount you wish to transfer from your GCash wallet to your CIMB account. Think of this as the source of funds for your bank transfer.
Step 4: Open the CIMB App and click Transfer
With the CIMB app up and running, navigate to the “Transfer” option and tap on it. This is where you’ll initiate the process of moving your funds to your bank account.
Step 5: Choose the bank for the money transfer
Scroll through the list of available options and select the bank where you want to send your money. CIMB offers the flexibility to transfer funds to various different banks, so pick the one that suits your needs.
Step 6: Fill in the necessary details and click continue to confirm
Complete the required information for the transfer, including the amount you want to send and the recipient’s account details. Take a moment to double-check all the information for accuracy. Once you’re confident that everything is correct, hit the “Continue” button to confirm the transfer.
Important Reminder: Verify the Account Number Before Confirming
Before you go ahead and finalize the transfer, it’s crucial to ensure that you have the correct recipient’s account number. Even a tiny mistake could cause delays or other issues, so take a moment to verify and be certain.
By following these straightforward steps, you can effortlessly transfer money from your GCash account to your bank account using the CIMB app, and the best part is, you won’t incur any transfer fees. The process happens in real-time, so your funds will be readily available whenever you need them. Embrace the convenience of fee-free transactions and take charge of your financial management with the help of GCash and CIMB!