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BPI to charge Php10 for GCash transfers via Load e-Wallet

BPI (Bank of the Philippine Islands) has announced that starting March 1, 2024, loading your GCash account via the BPI app’s “Load e-Wallet” will incur and additional Php10 charge.

BPI’s Load e-Wallet service used to be free-of-charge after GCash announced that they will implement a Php5 cash-in fee for all linked accounts last October 2, 2023 24. GCash even stressed that it was BPI 37 that is taking the fees.

Now, it appears that either you cash-in via the GCash app or you transfer via Load e-Wallet, there is no escaping the transfer fees. Cashing in seems much cheaper now because it only charges Php5.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

3 Responses

  1. Avatar for Dan Dan says:

    😆 Maya will takeover. Why is GCash sabotaging itself?

  2. Avatar for Preferred Client Preferred Client says:

    It is free for BPI preferred clients according to the SMS that I received from BPI recently.

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