Can you link a US bank account to GCash?

Linking US Bank Accounts to GCash: A Guide for Filipinos in the US

GCash, the popular mobile wallet service in the Philippines, has introduced a convenient feature for Filipinos residing in the United States. Now, users can link their US bank accounts to their GCash wallets, enabling seamless cash-in transactions from their American deposit accounts.

Benefits of Linking US Bank Accounts to GCash

Connecting US bank accounts to GCash offers numerous advantages for Filipinos in the US:

• Simplified Remittances: Send money to loved ones in the Philippines quickly and easily directly from your US bank account.
• Convenient Cash-Ins: Top up your GCash wallet instantly without the need for manual transfers or third-party services.
• Enhanced Personal Use: Use your GCash wallet for personal expenses in the Philippines, such as purchasing airtime, paying bills, or shopping online.

Supported US Banks

GCash has partnered with several major US banks to offer this service, including:

• Bank of America
• Chase
• Wells Fargo

How to Link a US Bank Account to GCash

Linking a US bank account to GCash is a simple and straightforward process:

1. Open the GCash app on your mobile device.
2. Tap on the “Cash In” button.
3. Select “US Bank Account.”
4. Choose your preferred bank from the list of supported banks.
5. Enter your US bank account details, including the account number and routing number.
6. Verify your identity using your email address or mobile phone number.
7. Complete the linking process by following the on-screen instructions.

Transferring Funds from US Bank Account to GCash

Once your US bank account is linked to GCash, you can transfer funds instantly:

1. Open the GCash app and tap on the “Cash In” button.
2. Select “US Bank Account.”
3. Enter the amount you wish to transfer.
4. Confirm the transaction details and tap on “Transfer.”

Fees and Exchange Rates

• GCash charges a transfer fee of $10 for each transaction.
• The exchange rate for US dollar to Philippine peso is determined by the current market rates.

Conclusion

Linking a US bank account to GCash provides Filipinos in the US with a convenient and efficient way to manage their finances and support their loved ones in the Philippines. With the seamless integration between GCash and major US banks, cash-in transactions are now faster, easier, and more cost-effective.