How do I withdraw money from GrabPay later?
Withdrawing Funds from GrabPay
GrabPay users can conveniently withdraw funds from their account to their designated bank account within the Philippines. Here’s a step-by-step guide:
Withdrawal Restrictions:
- Withdrawals are only permitted to bank accounts within the Philippines.
- Only funds available in your transferable balance can be withdrawn.
Withdrawal Guidelines:
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Open the Grab App: Launch the Grab application on your mobile device.
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Navigate to GrabPay: Tap on the “Payments” tab and select “GrabPay Wallet.”
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Choose “Withdraw Cash”: Click on the “Withdraw Cash” option located at the bottom of the screen.
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Enter Withdrawal Amount: Specify the amount you wish to withdraw and ensure it does not exceed your transferable balance.
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Select Bank Account: Choose the bank account you want to receive the funds into. If you have not previously added a bank account, you will need to do so by tapping on “Add New Account.”
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Confirm Withdrawal: Review and confirm the withdrawal details, including the amount, bank account, and recipient name.
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Receive Funds: Once you confirm the withdrawal, the funds will be transferred to your designated bank account typically within 1 business day.
Additional Information:
- Withdrawal limits may apply depending on your GrabPay account level.
- Grab may charge a small processing fee for withdrawals.
- For further assistance or to consult the complete withdrawal guidelines, contact Grab Customer Support.
By following these steps, you can easily withdraw funds from your GrabPay wallet to your preferred bank account.
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