How to receive Metrobank remittance to GCash: Complete guide

💳 Get your free digital card

Metrobank¹ offers many different ways to send and receive a remittance payment. This can be very helpful if you’re an Overseas Foreign Worker sending money to loved ones at home in the Philippines, or if you’re expecting to receive a payment via Metrobank yourself.

This guide looks at how to receive a Metrobank remittance, including using GCash² as a popular way to get paid in PHP for easy spending here at home. We’ll also touch on some important points such as the Metrobank remittance partners you could choose to get your money with, and the Metrobank remittance tracking process so you’ll know exactly when your money will show up.

Receiving a Metrobank remittance

Metrobank remittance services include³:

• Real time account crediting if you want to receive money to your own Metrobank account
• Credits to other Philippine bank accounts - usually available within 24 hours
• Remittance via mobile app, from the UK, Hong Kong and Singapore
• Cash pick up services via multiple different cash pick up partners in the Philippines
• Bill payments covering things like utilities, loans and contributions

You can also receive a Metrobank remittance to GCash if that’s your preferred payment method, as long as you meet GCash conditions for receiving international remittances. More on that in a moment.

Who can receive remittance from Metrobank to GCash

Eligibility to receive a remittance from Metrobank will depend on the payment method the sender selects. If you hold a Metrobank account yourself you could receive the payment to this account - or you could ask the sender to transfer your money to any other bank in the Philippines where you hold an account.

Receiving money to a bank isn’t always the most practical choice. In this case, Metrobank also offers cash collection options. If your sender processes a Metrobank cash collection payment you can get your money in cash from one of a pretty broad selection of cash payout partners, which is convenient and can be quite quick to use.

Or, as an alternative, you may want to select a Metrobank remittance to GCash. In this case, you’ll need to meet the GCash eligibility requirements to receive remittance. In most cases, this means you must have a fully verified GCash account, and you must also make sure that the incoming payment won’t take you over your GCash account holding limits.

If your account isn’t verified with GCash already it’s a pretty essay process. Exactly what you need to do depends on your situation, but if you’re a Filipino citizen, over 18 and with a local SIM, you’ll usually just need to upload an image of a government ID and then take a selfie⁴.

What details are needed for a Metrobank remittance to GCash?

To receive a Metrobank remittance you will need to make sure that the person sending you money has all the right details to be able to process the payment safely. The exact details you need to give vary depending on your receive method.

If you’re receiving money to a bank, the sender is likely to need your full name as shown on your account, your bank name and your bank account number.

For cash collection payments you’ll usually need to make sure the sender has your full name as shown on a government issued ID document.

And if you’re getting a Metrobank remittance to GCash or another ewallet, you’ll usually have to give the sender your full name and either your phone number or email. Make sure you give the correct information based on the details used when you signed up for GCash or your preferred wallet, to avoid confusion.

Sign up for a free Wise account

How to receive Metrobank remittance to GCash: Step-by-step guide

If you’re receiving a Metrobank remittance to your bank you won’t need to take any specific action once you’ve given the sender all the correct details to process the payment. They’ll set the transfer in motion and then you can just wait for it to be deposited into your account.

If you’re receiving a Metrobank remittance to GCash you might need to actively claim the payment for it to be deposited to your GCash wallet. To do this you’ll usually need to ask the sender for a reference which they received when they set up the transfers.

If you need to claim your Metrobank remittance to GCash you can take the following steps⁵:

1. Log into GCash and tap Cash In, then Global Banks and Partners
2. Type and select remittance partner in the search bar
3. Enter the expected amount, reference number, and purpose of remittance
4. Review the details and enter the 6-digit authentication code sent to your phone

You’ve got 90 days to claim your remittance, but as long as your account is fully verified and everything is up to date, the money is instantly available once you claim it.

Finally, you may choose a Metrobank cash collection payment⁶. In this case you’ll need to go out to a physical location to claim your money in cash once the payment has been processed. There are over 11,000 possible locations, across providers like PSBank, PeraHub and Villarica, giving you lots of choice on where to go. Take along your government issued ID and the reference which the sender will give you.

Metrobank remittance partners

Metrobank partners with banks and international money transfer services around the world to give people living overseas plenty of easy ways to remit money back to Metrobank in the Philippines. You can get the full list of Metrobank remittance partners from the Metrobank website, split out by country for ease⁷.

If you’re looking for a Metrobank remittance partner to receive your money in cash, you can choose from:

• Metrobank branches
• PSBank branches
• PeraHub branches
• LBC branches
• Palawan Pawnshop
• RD Pawnshop
• M Lhuillier branches
• Robinsons Department Store
• Cebuna Lhuillier branches
• Villarica branches
• Tambunting branches

What else do I need to know for Metrobank remittances to GCash

Metrobank gives you lots of different ways to receive remittances, which means you’ve got a lot of choice depending on what’s convenient for you and the person sending you money. Let's look at a few final things to know:

Metrobank remittance tracking

You can easily track Metrobank remittances using the Metrobank remittance tracker, if you’re expecting a payment to your Metrobank account or for cash collection. You’ll just need the security code the sender is given when the payment is arranged, to track your payment.

Fees for receiving Metrobank remittance

The fees for receiving a Metrobank remittance vary depending on the way you plan to get your money. If you’re receiving a payment to your bank you’ll need to check your account terms and conditions to see if your own bank will charge a fee for the incoming payment. On the other hand, if you’re collecting money in cash there’s usually no fee for you as the receiver - and the same goes for services like GCash. However, it’s worth being aware of a couple of things.

Firstly the sender will incur fees which again vary on the way they're sending money⁸. And secondly, if the payment needs currency conversion, there may also be a charge in the rate used for currency exchange.

The exchange rate matters, for example, if someone is remitting money from a foreign currency account. In this case, if the rate the sender is quoted includes a markup - a fee - you might get less than you expected in the end. We’ll look at one good way to minimize these currency conversion costs in a moment.

Receive money from abroad with low, transparent fees and the mid-market exchange rate with Wise

If someone is sending you money from a foreign currency to the Philippines, it’s worth taking a look at Wise. The Wise account is an easy way to hold and exchange 40+ currencies, including PHP, USD, CNY, and more. All you need to do is create a free account to get started.

With Wise, you can exchange currencies at the mid-market rate each time, with low, transparent conversion fees from 0.57% and absolutely no markups. Plus, you can order a Wise card for convenient spending at the same great rate, without any foreign transaction fees. At times you need cash, you can also make up to 2 free ATM withdrawals to the value of 12,000 PHP when you're overseas. You'll even get 8+ local account details to get paid conveniently to your Wise account in PHP and a selection of other major global currencies.

Sending money or making payments abroad? Wise also offers fast, low cost transfers to 140+ countries - you can track your transfer in your account and your recipient will also be notified when a transfer reaches them.

Receiving a payment through Metrobank is easy - and there are plenty of ways to get your money. Use this guide to learn about your options, and remember to check out Wise as well, for cheap, fast and easy solutions for PHP payments from around the world.

🚀 Get started with Wise