Union Bank is one the bank institutions that uses Instapay where clients can send money to other local bank and e-wallets accounts. With InstaPay, you can now transfer funds in real-time between accounts of participating BSP-supervised banks and non-bank e-money issuers in the Philippines. It is an electronic fund transfer (EFT) service where you can transfer money electronically and make the funds available to the recipient instantly. For the list of participating banks and institutions, click here.
To send money via InstaPay, customers need to access their bank’s or e-money issuer’s mobile app or internet banking facility, then select the option to send to other banks or e-wallets via InstaPay, and provide the required details for the transaction to complete the process.
For customers with a Union Bank Online account, below is the step-by-step guide on how to transfer funds from your Union Bank account to a GCash account via the Union Bank app.
Want free cash-in to GCash from your Union Bank account? You can link your Union Bank account directly to GCash account and cash-in for free. Here is the guide:
Transfer funds to GCash via Union Bank app
Using the Union Bank app, fund transfer via InstaPay has a service charge of P10 per transaction (as of December 2022). While, if you link your Union Bank to your GCash account, you can cash-in for free. But, if you do not want to link your account or if you are transferring money to other GCash account, here are the steps to send money from Union Bank to any GCash account.
- In the main dashboard, tap the Send Money icon.
- Select Other Banks or E-Wallets from the list.
- Choose sending money via Instapay for realtime transfer.
- From the drop-down menu, select GCash and enter the GCash account number or mobile number and the account name. Then, tap the Next button.
- Enter the amount to be sent and select the purpose of the transfer.
- Review the details of the transaction, then tap the TRANSFER button to send the money.
- A One-Time-Password will be sent to your Union Bank registered mobile number. Enter the 6-digit OTP to continue.
- A notification will appear once the money transfer has been successful. You can go back to the main dashboard or make another transaction.
No Union Bank app yet? You can download and install the app on your phone in Google Play for Android, App Store for iOS users, and App Gallery for Huawei phones.
Want free cash-in to GCash from your Union Bank account? You can link your Union Bank account directly to GCash account and cash-in for free. Here is the guide:
To know more about InstaPay, here is the InstaPay Fact Sheet from Banko Sentral ng Pilipinas (BSP). For the list of participating banks and institutions, click here. And for the corresponding fees by using the InstaPay service, click this link.
And for more information about Union Bank, visit their official website, www.unionbankph.com. And for your related concerns and inquiries, you can contact their Customer Service at [email protected] or (+632) 841-8600.
Hello, everyone! I’m Ali Chavez, the admin and creator of the Online Quick Guide blog website. I’ve been an OFW for 15 years now, working in the Middle East. I’m an Electronics Engineer by profession and obtained a Diploma in Computer Science. I created this blog to help everyone, particularly OFWs like me, maximize the use of available online services and applications. These e-services, offered by government agencies, and online banking and mobile apps provide us with easy access and convenience. I hope each tutorial will guide you in using these online services to your advantage.