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 Php10USD 0.17INR 14EUR 0.16CNY 1 charge.
BPI’s Load e-Wallet service used to be free-of-charge after GCash announced that they will implement a Php5USD 0.09INR 7EUR 0.08CNY 0.62 cash-in fee for all linked accounts last October 2, 2023 26. 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 Php5USD 0.09INR 7EUR 0.08CNY 0.62.
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Preferred Client says:
It is free for BPI preferred clients according to the SMS that I received from BPI recently.
BPI Regular Client says:
Well, good for you!
Dan says:
😆 Maya will takeover. Why is GCash sabotaging itself?