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

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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. GCash even stressed that it was BPI 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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Written by
Abe Olandres

Abe Olandres

Editor-in-chief

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 is considered by many as the Father of Tech Blogging in the Philippines.

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3 Comments

DA
Dan · 2 years ago

😆 Maya will takeover. Why is GCash sabotaging itself?

Reply
PR
Preferred Client · 2 years ago

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

Reply
BP
BPI Regular Client · 2 years ago

Well, good for you!

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