How-Tos

How to transfer money to Grab from your bank account with instaPay

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You can now transfer money to your Grab wallet from your bank or e-wallet account and vice versa. The new feature is powered by instaPay.

The news comes at a time where cashless payments are becoming the norm, thanks in part to our new normal.

For those not familiar, InstaPay is a real time electronic money transfer service that allows you to send money from BSP-supervised banks and e-wallets (like GCash and PayMaya) to other BSP-supervised banks and e-wallets for a small fee. Its safe, easy, and convenient.

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You might also like: You can now transfer to over 40 banks with PayMaya

With InstaPay, you can now load up your GrabPay wallet using your bank or e-wallet account without leaving your house.

The process is actually quick and easy.

Transfer money from your bank or e-wallet to Grab

  1. Launch your mobile banking or e-wallet app and initiate a fund transfer
  2. Select GrabPay from the list of banks/e-wallets to transfer to.
  3. Key in the necessary information to complete the transaction.

Remember, the transaction fee will depend on your bank or e-wallet account.

Transfer from Grab to a bank or e-wallet

  1. Launch the Grab App and choose “Payment”.
  2. Choose “GrabPay Wallet”.
  3. Choose “Transfer” and select your bank account or e-wallet.
  4. Key in the necessary details to complete the transaction.

Transaction fee is free until the end of the year.

Author

Bryan is a tech enthusiast and self-admitted geek who enjoys blogging and watching NBA clips on YouTube. He has over 20 years of experience in corporate communications, marketing services, and customer relations from different industries such as telecommunications and banking.

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