Maya to GCash Transfer Fee: Options and Costs Explained

If you're looking to transfer money from Maya to GCash, you'll want to know about the transfer fees involved. Maya charges a transfer fee of 0.5% of the transfer amount, with a minimum fee of PHP 20 and a maximum fee of PHP 500.

The transfer fee is deducted from the sender's Maya account, and the recipient's GCash account will receive the remaining balance. For example, if you transfer PHP 10,000 from Maya to GCash, the transfer fee would be PHP 50, and the recipient would receive PHP 9,950.

Maya also offers a "no-fee" transfer option for amounts above PHP 50,000. This means that the transfer fee will be waived, but you'll need to ensure that you have sufficient funds in your account to cover the transaction.

To send money from Maya to GCash, you'll need to open your Maya app and log in to your account.

The process is straightforward, and you can find the "BANK TRANSFER" icon below your available wallet balance.

You'll then select G-Xchange / GCash from the list of banks, which is in alphabetical order.

Input the required details such as the amount to be sent, purpose of fund transfer, account number, and account name.

Make sure to review and double-check the details on the Confirmation Page before proceeding.

You'll receive a one-time pin (OTP) via SMS, which you'll need to enter and verify before completing the transfer.

The transaction fee for Maya to GCash is PHP 15.00 pesos, which you should have extra balance in your Maya account to pay for.

Here are the steps to follow:

Take note of the Reference ID for future reference, and you can check your transaction from the Transactions on the app's main menu.

Maya to GCash transfer fees can be a bit steep, but there are some options to consider. The minimum transfer fee is 15 pesos, and it's free to transfer up to 500 pesos.

If you need to transfer more than 500 pesos, the fee increases to 1.5% of the transaction amount. This can add up quickly, especially for larger transfers.

You can also save on fees by using Maya's peso-peso transfer option, which charges a flat rate of 10 pesos per transfer. This can be a more affordable option for frequent transfers.

Cash-in is a viable option for those looking to avoid transfer fees.

Transfer fees can be a significant expense, especially for larger transactions.

Some banks and financial institutions charge a flat fee for cash-in, while others may charge a percentage of the transaction amount.

For example, a bank may charge a 1% fee on a $10,000 cash-in transaction.

This means the recipient would receive $9,900, after the fee is deducted.

Bank transfer fees through PayMaya and GCash are waived until October 31, 2020.

This means that sending money from PayMaya to other banks and e-Wallets via InstaPay will remain free until then. InstaPay allows users to deposit and transfer money to its partner banks and institutions.

InstaPay transactions have a maximum limit of P50,000 per transaction, which will be credited to a recipient's bank account almost immediately. The fees for InstaPay and PESONet range between P15 and P50, depending on the bank.

You can also add money for free by linking your BPI account in the app, over the counter via BDO and Ministop stores, and in Pera Hub branches nationwide.

Here are the banks that have waived fees for transactions until October 31, 2020:

You're looking for a way to transfer money without breaking the bank. Well, you're in luck because some banks and e-wallets have waived their fees until October 31.

InstaPay, a service used by PayMaya and GCash, allows users to deposit and transfer money to partner banks and institutions. It's a convenient option, but fees do apply, ranging from P15 to P50, depending on the bank.

If you're using InstaPay or Pesonet, you have a lot of options to choose from. Here are some of the banks and e-wallets that offer these services:

Just remember to check if the recipient's bank is on the list, and you're good to go!