WorldRemit to GCash: Complete Guide to International Money Transfers

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WorldRemit is a popular online money transfer service that allows users to send money to the Philippines, where GCash is a widely used e-wallet service. WorldRemit has partnered with GCash to enable seamless transfers.

To use WorldRemit to send money to GCash, you need to have a WorldRemit account and a GCash account. You can sign up for a WorldRemit account on their website or mobile app. GCash is a popular e-wallet service in the Philippines.

The transfer process is straightforward: you enter the recipient's GCash number and the amount you want to send, and WorldRemit handles the rest. The recipient can then receive the funds in their GCash account.

Here's an interesting read: Can I Send Gcash from Usa to Philippines

How to Send Money

To send money from WorldRemit to GCash, you can use an international money transfer service, such as WorldRemit, Remitly, or Skrill, which are far cheaper, faster, and more transparent than traditional banks or PayPal.

You can create a WorldRemit account on their website or mobile app, and submit your personal information, such as your name, address, and contact details.

A woman arranges stacks of money on a table with a briefcase and computer.
Credit: pexels.com, A woman arranges stacks of money on a table with a briefcase and computer.

Once you've created an account, choose the Philippines as your receiving country, and supply the recipient's information, including their name, address, and GCash mobile number.

To receive money from WorldRemit to GCash, follow the steps on the WorldRemit website, which include using a debit card, bank account, or credit card for payment, and the limit to receive funds is P100,000.

You can pay for your transfer via debit or credit card, bank transfer, or Apple Pay, and review the transaction information prior to approving the payment.

WorldRemit's interface is straightforward and intuitive, making it simple to use.

Here's a step-by-step guide to sending money to GCash via WorldRemit:

1. Create a WorldRemit account

2. Choose the Philippines as your receiving country

3. Choose GCash as your payout method

4. Enter the amount you want to send

5. Pay for your transfer

6. Track your transfer

Curious to learn more? Check out: Gcash Jr Account

Transfer Information

To transfer money from WorldRemit to GCash, you'll need to register for a WorldRemit account first.

Artistic illustration of hands exchanging money on a vibrant purple background, symbolizing finance and business.
Credit: pexels.com, Artistic illustration of hands exchanging money on a vibrant purple background, symbolizing finance and business.

You can sign up easily by providing your email on the WorldRemit website or by downloading their mobile app.

The transfer process itself is straightforward. You just need to open WorldRemit, choose the proper destination, and enter the transfer amount.

You'll also need to input your payment details. This is where you'll need to have your payment method set up.

The transfer speed is instant to a few minutes, depending on the time of day and other factors.

To confirm the information and complete the transaction, you'll need to review and confirm the details.

Here are the key transfer details you should know:

How to Receive Payments

To receive payments from WorldRemit to GCash, you'll need to be a fully verified GCash user.

You'll also need to provide a valid ID from the Philippines. Examples of valid Philippine IDs include UMID, Driver's License, and Passport.

To verify your GCash account, make sure to log in to your WorldRemit account and follow the steps to send money to GCash.

Here are the valid Philippine IDs you can use for verification:

  • UMID
  • Driver's License
  • Passport

Exchange and Fees

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WorldRemit to GCash transfer fees are transparent, with fixed fees depending on your send location. Transfers in USD from the USA have no fixed fees.

Transfers in EUR from the Eurozone often cost €1.99. You'll see this fee before checkout, so you can plan accordingly.

WorldRemit's exchange rates are competitive, often ranking as the best or second-best option for sending money to GCash.

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Transfer Fees

Transfer fees can be a significant consideration when sending money internationally. WorldRemit, a popular money transfer service, charges no fixed fees to transfer money to GCash in the Philippines from the United States.

However, fees may apply for transfers from other countries. For example, EUR transfers from the Eurozone can cost €1.99. You'll see this transparent fee before checking out.

The fixed fee that WorldRemit charges depends on the send location. If you're sending from a popular country like the United States, you won't pay a fixed fee.

Here's a breakdown of WorldRemit's fees for transfers to GCash:

Keep in mind that in addition to fixed fees, WorldRemit also applies a foreign exchange markup, which can range from 0.2% to 2.0% of the transfer amount.

Fees to Receive

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WorldRemit is a great option for receiving money in GCash, with favorable fees from Japan, Malaysia, Switzerland, New Zealand, Germany, and many more countries across Europe and Asia.

If you're sending money to GCash from these countries, WorldRemit is a good choice due to its competitive fees.

Their fee schedule makes them a recommended option for international money transfers to GCash.

Exchange Rates

WorldRemit's exchange rates are subject to constant fluctuations, so it's always wise to check the latest rates before making a transfer.

On average, WorldRemit applies a foreign exchange rate that is 0.2% to 2.0% weaker than the real mid-market price.

WorldRemit often offers promotional pricing for first-time users, which can save you a lot of money — especially if you send in large amounts.

  • Exchange Rate Margin: 0.2% to 2.0% on average

This means that WorldRemit's exchange rates may not always be the most competitive, but they can still be a good option for sending money to GCash.

Frequently Asked Questions

How do I receive my money from WorldRemit?

To receive your money from WorldRemit, select your preferred payout option, such as bank transfer or mobile money, and choose the withdrawal amount. Then, confirm your withdrawal by selecting "Withdraw now

How do I send money to GCash?

To send money to GCash, tap Send on your GCash homepage and select Express Send. Then, enter the recipient's GCash account using their QR code, mobile number, or contact information.

Can you transfer money from WorldRemit to GCash?

Yes, WorldRemit can facilitate immediate transfers to GCash, a leading mobile wallet service in the Philippines. You can use WorldRemit to send money to GCash for fast and convenient receipt.

Can I transfer from Remitly to GCash?

Yes, you can transfer money from Remitly to GCash, a popular digital wallet in the Philippines. Remitly also supports transfers to other destinations, including Europe to the Philippines.

Alan Donnelly

Writer

Alan Donnelly is a seasoned writer with a unique voice and perspective. With a keen interest in finance and economics, Alan has established himself as a go-to expert in the field of derivatives, particularly in the realm of interest rate derivatives. Through his in-depth research and analysis, Alan has crafted engaging articles that break down complex financial concepts into accessible and informative content.

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