Sending money from Remitly to GCash is a straightforward process that allows you to securely transfer funds from abroad to your GCash account, making it convenient for various financial needs. In this guide, we’ll provide you with a simple overview of the steps required to make this transfer, ensuring that you can access your money with ease and convenience.
Before initiating a money transfer from Remitly to GCash, it is essential to create an account on Remitly’s website or by downloading their mobile app.
Important Note: In order to transfer funds from Remitly to GCash, it is necessary to have a fully verified GCash account. This involves providing a valid ID such as UMID, Driver’s License, or Passport. These documents are accepted as proof of identification by GCash and ensure the security and legitimacy of the transaction.
Steps to Send Money from Remitly to GCash:
Before sending the money from Remitly, you will need the following things.
- Recipient’s Registered GCash Mobile Number
- First & last name of Recipient’s
- Remitly APP
Step 1: Open Remitly APP
After registering account on Remitly, login to your account and click on “Get Started“
Step2: Select Mobile Money
Under the option ” How would you like the money delivered”? Select Mobile Money
Step 3: Enter Basic Details
Enter the amount you wish to send. Make sure that’s correct and click on “Continue“
Step 4: Select Mobile Wallet
Under “Select a Mobile Wallet option” click on GCash
Step 4: Enter Recipient Name
Enter the recipient first name and last name and then click on Continue. Note that this information should match what’s on your recipient mobile account.
Step 5: Enter Recipient Phone Number
Now enter the registered phone number of your recipient and click on Continue. Make sure that’s correct
Step 6: Enter your Address
Enter your postcode, street address line1, post town and then click on Continue
Step 7: Enter your phone number
Enter your phone number and click Continue
Step 8: Select Payment Method
Try to avoid using a credit card as its possible your bank may charge you a fee for this. The best option is either a debit card or via wire transfer. I am going to select Apple Pay and select my debit card
Step 9: Confirm the Details
Double check transfer details. Make sure everything is correct. If all the details are ok, confirm the transfer then select Pay.
Remitly’s Fees to Send a Remittance to GCash
Remitly is an excellent option for individuals looking to send money to GCash from various countries across North America, Europe, and Asia. Based on their fee schedule, we recommend using Remitly for remittances from the United States, India, Japan, and more. If you want to learn more about Remitly, check out our in-depth review of their services.
Transfer Fees for Remitly to GCash:
The fixed fee charged by Remitly for sending money to GCash depends on the delivery service you choose. Economy transfers are free of charge, while the Express service incurs a fee of $3.99 per transfer.
Exchange Rates for Remitly to GCash:
Remitly applies the same exchange rate to both Economy and Express services when transferring money to GCash. On average, Remitly’s foreign exchange rate is 0.5% to 2.0% weaker than the actual mid-market price, which varies depending on the country and currency of the transaction. Remitly was rated the top remittance service to the Philippines by Monito in 2022, so you can trust that you’re getting a fair deal.
Transfer Limits for Remitly to GCash:
The maximum amount that can be received in a GCash wallet is P100,000, while the maximum amount that can be sent per month is $30,000 (or an equivalent amount).
Remitly to GCash Transfer Fees Chart Check out the chart below to see how Remitly’s fees are structured and what type of services they offer.
| Service | Payment | Fee | Exchange Rate | Speed |
|---|---|---|---|---|
| Express | Debit Card | $3.99 | 0.5% – 2% | Instant |
| Economy | Bank Account | Free | 0.5% – 2% | 3-5 business days |
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