Can I transfer Grab wallet to bank account?

Can I Transfer Grab Wallet Funds to My Bank Account?

Accessing and managing funds in your Grab wallet follows certain regulations. While direct transfers to all bank accounts are currently not supported, there are specific guidelines to enable withdrawals, ensuring that your balance is transferable and your bank is based in the Philippines.

Withdrawals from Grab Wallet to Philippine Bank Accounts

To withdraw funds from your Grab wallet to a Philippine bank account, follow these steps:

• Ensure that your Grab wallet balance is transferable. Certain promotional or bonus funds may have restrictions on transfers.
• Your bank account must be located in the Philippines.
• Open the Grab app and navigate to the “Payment” section.
• Select the “Withdraw” option and enter the amount you wish to transfer.
• Choose your preferred bank from the list of available options.
• Enter your bank account details and verify them carefully.
• Your funds will typically be credited within 1-3 business days.

Additional Guidelines

• The minimum withdrawal amount is ₱500.
• The maximum withdrawal amount per transaction is ₱20,000.
• Grab may charge a service fee for each withdrawal transaction, depending on the amount and the destination bank.
• Refer to the official Grab website or app for the most up-to-date guidelines and any applicable fees.

By adhering to these regulations and following the withdrawal process carefully, you can securely transfer funds from your Grab wallet to your Philippine bank account.