Cash Out Withdraw Money from Gcash

Having a GCash account makes life so much easier because you don’t need cash to pay your bills, buy load or shop online. Using it, you can keep your money secure and accessible on your smartphone. It is also a great way to send money to your loved ones, and you can withdraw your money whenever you want.

Let’s say your friend sent money to your GCash wallet and you now want to encash it. What are the withdrawal options for GCash? GCash can be used to pay for groceries or to pay your restaurant bill, but how about converting it to cash? Also, many people use GCash as a “remittance center” where they conveniently transfer money from their bank accounts or credit cards to their recipients’ GCash accounts.

The good news here is that withdrawing money from your G-Cash wallet is quick and easy if you have a bank account. Through InstaPay, GCash to bank transfers can be completed instantly during non-banking hours or days. The Palawan Pawnshop and Bayad Center are over-the-counter partners where you can withdraw your cash if you don’t have a bank account.

A GCash MasterCard linked to your account allows easy access to your money. Withdrawing cash from GCash to a bank account is possible at more than 20,000 BancNet and MasterCard ATMs nationwide.

Bank Transfers from GCash
Withdrawing money from your GCash wallet to a partner bank account is the easiest and fastest way. GCash to some bank transfers are facilitated by InstaPay, so you will have the money in your bank account within minutes.

You can even cash out from your GCash wallet at these banks:

AllBank (A Thrift Bank), Inc.
Asia United Bank (AUB)
Bangko Mabuhay
Bank of Commerce
BanKo, A Subsidiary of BPI
BDO Unibank
BDO Network Bank
BPI / BPI Family Savings Bank
Cebuana Lhuillier Rural Bank
China Banking Corp.
China Bank Savings, Inc.
CTBC Bank (Philippines) Corp.
Development Bank of the Philippines (DBP)
Dungganon Bank
East West Banking Corp.
East West Rural Bank
Equicom Savings Bank
ING Bank N.V.
Land Bank of the Philippines
Maybank Philippines
Malayan Bank Savings and Mortgage Bank
Partner Rural Bank (Cotabato)
Philippine Bank of Communications (PBCOM)
Philippine Business Bank
Philippine National Bank (PNB)
Philippine Savings Bank (PSBank)
Philippine Trust Company
Philippine Veterans Bank
PNB Savings Bank
Quezon Capital Rural Bank
Rizal Commercial Banking Corp. (RCBC)
Security Bank
Sterling Bank of Asia
Sun Savings Bank
UCPB Savings Bank
Union Bank of the Philippines
United Coconut Planters Bank (UCPB)
Wealth Development Bank
To perform a cash out transaction, you do not need an online banking account. The only thing you need is the bank account name and number of the recipient.

If you’d like to transfer money from GCash to a bank account, open the GCash app and tap “Bank Transfer.” Make sure your GCash account is already verified because you cannot send money otherwise.

Choose the bank where you want to send the money. By tapping “View All,” you will be able to see a complete list of all the partner banks.

You can withdraw money from GCash by following the steps below
GCash withdrawals to BDO will be discussed in this example.

Select BDO from the list of banks, then enter the amount, account name, account number, and email address (optional). *50,000 is the maximum amount that can be transferred. You can send money by tapping “SEND MONEY”.

Verify your transaction details and ensure that the account name and number are correct. You may confirm your withdrawal request by clicking “CONFIRM”.

Withdrawing money from GCash
That’s all there is to it. GCash has transferred money to your bank account. If you have provided your email address, you will receive a text confirmation and an email receipt.

Withdrawals from GCash to bank accounts are instant. If you actually have not received the money within 24 hours, please contact the receiving bank and provide the ticket number.

Send money to the bank
Once the money is actually in your bank account, you can then withdraw it at an ATM or over the counter. Log in to your online banking account (if you have one) to verify that the funds have been received. GCash to bank transfers will be delayed or failed in the rare event that GCash is delayed or unable to complete.

Cash Out of GCash to Over-the-Counter Partners
You can cash out your GCash funds at any of the following over-the-counter partners if you don’t have a bank account.

Villarica Pawnshop
Tambunting Pawnshop
Palawan Pawnshop
Bayad Center
If you tap “Show More” and then “Cash Out,” you will be able to see then which over-the-counter remittance centers or stores does accept GCash cash outs.

Payout partners for GCash
By then selecting a cash out partner (for example: Palawan Pawnshop), you will then be able can then view the cash out instructions and a map of nearby branches.
Here’s how you can cash out over-the-counter:

Visit your chosen over-the-counter partner outlet (such as Palawan Pawnshop).
Please inform the branch cashier that you wish to cash out from your GCash account.
Your GCash mobile number should be included in the GCash Service Form.
To the cashier, give the form and a valid photo ID.
Respond with your 4-digit MPIN once you receive the confirmation text.
Get the cashier to give you your money. Do not leave a dime unaccounted for.
As this cash out transaction involves replying to an SMS confirmation with your GCash MPIN, you can’t use it to send money to friends and family back home. GCash accounts can only be cashed out by the account holder.

GCash MasterCard Cash Out
The GCash MasterCard, a prepaid debit card that can be used to pay for both online and offline purchases, is another way to withdraw money from GCash. You can order the GCash MasterCard online or at participating convenience stores. Learn on how to get your own GCash MasterCard in this article.

You will need to link your GCash MasterCard to your GCash account in order to withdraw money from it. As soon as the card is linked to your GCash wallet, it will be able to withdraw the money from the ATM or even pay for purchases.

ATM machines of BancNet can be used to withdraw money using your GCash MasterCard. MasterCard ATMs can also be used abroad. ATM withdrawals in the US are charged a fee of *20, while withdrawals outside the US require a fee of *150.

Do you need help on Gcash?
You just learned how to withdraw GCash funds to a bank account, remittance center, or ATM. GCash is reliable and secure, so you’ll be sure that your money reaches your intended recipient. During the payment process, you can ask for support by submitting a support request through the site or by calling 2882 if you entered incorrect payment details. Please provide the reference number or ticket number of the transaction to expedite their investigation.