How to transfer money from RCBC to GCash

Rizal Commercial Banking Corporation (RCBC) is one of the top banks in the Philippines, offering a wide range of financial services like checking accounts, loans, and insurance. But RCBC has limitations, which is why many clients move funds to GCash for quicker access and wider acceptance.

This guide will explain everything about RCBC to GCash transfers, including eligibility, fees, timelines, transaction limits, and how to transfer RCBC to GCash. We'll also introduce the Wise account, a handy companion to make your money go further with low, transparent fees.

Can you transfer money from RCBC to GCash?

Yes, you can transfer money from RCBC to GCash. You can use RCBC Pulz, the bank’s online banking platform and app, to move your funds quickly and securely.

You can also link your GCash account to your RCBC account, making it easier to manage both your bank and digital wallet funds without visiting a physical branch.

Eligibility to transfer from RCBC to GCash

To transfer funds from RCBC to GCash, you need to meet the following requirements¹ :

• Active RCBC account: You must have a checking or savings account with RCBC to transfer funds to GCash. To open an account, you need a government-issued ID, proof of address,¹ proof of income, and a completed application form.²
• Enrolled in RCBC Pulz: Make sure your account is registered with RCBC Pulz (formerly RCBC Digital. If you’re not sure how to do this, check out the next section.
• GCash account: Your recipient needs a GCash account to receive funds, which only requires a registered Philippine network SIM card.³ But to verify a GCash account and get access to all the features available, you need to upload an accepted government ID and a 'selfie' for identity verification.⁴
• Sufficient balance: Ensure that your RCBC account has enough funds to cover the transfer amount and any fees. The good thing is that you won’t be charged an NSF fee if you don’t have enough to cover the transfer; RCBC will just cancel it.⁵

How to enroll in RCBC Pulz

You must be enrolled in RCBC Pulz to initiate transfers.⁶

On the mobile app

1. Download the RCBC Pulz app and select Register at the bottom of the screen.
2. Read and agree to the terms and conditions.
3. Provide your account number or card number, then select Next.
4. Input the OTP sent to your registered mobile number and select Submit.
5. Create a User ID and password, then click Submit to enroll.
6. Activate biometrics login for easier access.

On a computer

1. Log in to RCBC Pulz Online Banking.
2. Select Sign up now.
3. Read and agree to the terms and conditions.
4. Input your account or card number and select Next.
5. Create a User ID and password, then click Submit to enroll.

How to transfer RCBC to GCash

If you want to know how to transfer RCBC to GCash, here’s a step-by-step guide you can follow⁷:

1. Log in to RCBC Pulz with your username and password.
2. From the main menu, select Fund Transfer, then Bank Transfer.
3. Select your Source Account and GCash as the beneficiary account.
4. Enter the recipient’s account number, first name, and last name.
5. Select InstaPay or PESONet.
6. Enter the amount you want to transfer, then select Transfer Now.
7. Input the one-time password (OTP) you received on your registered mobile number and click Submit.

RCBC to GCash transfer fee

The RCBC to GCash transfer fee depends on the transfer method you choose: InstaPay or PESONet. InstaPay allows instant transfers, while PESONet can take a few hours or days, but is better suited for larger sums.

Here’s the RCBC to GCash transfer fee for both methods⁵:

• InstaPay: 15 PHP
• PESONet: 10 PHP

How long does an RCBC to GCash transfer take?

Curious about how many days it takes to transfer from RCBC to GCash? Well, that also depends on the transfer method you choose.⁵

• InstaPay: Real-time
• PESONet: If you send the funds before 2 pm on a banking day, your recipient will get them by the end of the day. Transfers sent after 2 pm, on holidays, or on weekends will be processed the next banking day.

What are the transaction limits?

InstaPay, PESONet, and GCash all impose transaction limits to protect users and comply with government regulations. Here’s a breakdown of these limits:

• InstaPay: 50,000 PHP per transaction and 499,999.99 PHP per day⁵
• PESONet: 499,999 PHP per day⁵
• GCash incoming transaction limit: 5,000 to 1,000,000 PHP per month, depending on the type of GCash account your recipient has⁸

Make foreign currency transfers, receive payments from abroad and convert to PHP cheaper and easier with the Wise account

Wise international money transfers can be set up online or within the Wise app with low fees from 0.57% and the mid-market rate, to over 140+ countries. There’s no markup added to the exchange rate that’s used to convert your currency, which makes it easier to see exactly what you're paying for a transfer, and what the recipient will get in the end. Just transfer the amount indicated in PHP and let Wise do the rest.

To make sending foreign currency even easier, create a free Wise account, and you'll be able to manage and convert your money in PHP and 40+ other currencies. You'll get the same great rates, and be able to track your transfers all from one place. You can also get 8+ local account details to be able to receive money in PHP, USD, GBP, and more.

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