Can I transfer from Grab to my bank account?

Transferring Funds from Grab to Your Bank Account

As of now, it’s not possible to directly transfer your Grab balance to your bank account. To transfer funds, you’ll need to follow specific steps to ensure compliance with regulations.

Steps to Transfer Funds:

1. Transfer to Transferable Balance: Before transferring funds to your bank account, you must first move them to your transferable balance within the Grab app. This step is essential for security and regulatory compliance.

2. Authorized Banks: Once your funds are in your transferable balance, you can transfer them to a Philippine bank account. Grab has a list of authorized banks that support this process. Check the Grab app or website for the complete list.

3. Transfer Process: To initiate a bank transfer, follow these steps within the Grab app:

   • Navigate to the “Wallet” section.
   • Select the “Transfer to Bank” option.
   • Choose your preferred bank from the authorized list.
   • Enter the amount you wish to transfer.
   • Confirm the transfer details and proceed.

Note:

• Transfer limits and fees may apply. Please check with Grab for the latest information.
• The transfer process may take some time to complete, depending on the bank.
• Ensure you have provided accurate bank account details to avoid any delays or errors.

By following these steps, you can successfully transfer funds from your Grab balance to your bank account in the Philippines.