List of GCash Transaction Limit for Basic and Fully Verified Accounts
GCASH TRANSACTION LIMIT – Here is a guide on the maximum funds allowed for GCash wallet and as well as incoming and outgoing funds.
Nowadays, more and more people are benefitting from the features of GCash, a virtual wallet app that you can download online for free. You can download it from PlayStore or Google.
The businessmen and the individuals who are into online shopping are among those who greatly benefit from the using GCash. Payments were made easier in making an order or getting one as you no longer need to go to a company offering money-transfer services to send or claim an amount.
There are also a lot of restaurants and department stores now that accept payments through GCash. You can get away from shopping or dining without bringing cash or even your entire wallet with you.
With regards to being a GCash account holder, you may have a basic account or a fully verified account. There are differences with regards to the GCash transaction limit of both accounts.
Wallet Limit
This refers to the maximum funds that you can keep in your GCash wallet at any given time.
- Basic Account Holders – P50,000
- Fully Verified Account Holders – P100,000
- Verified Minors – P50,000
Incoming Limit
This refers to the maximum funds that you can receive in your GCash wallet. This is set on a monthly basis.
- Basic Account Holders – P10,000
- Fully Verified Account Holders – P100,000
- Verified Minors – P100,000
Outgoing Limit
This refers to the maximum funds that can be spent or sent through the GCash wallet. There are daily and monthly limits set by the app.
- Basic Account Holders
- Daily – no outgoing limit
- Monthly – P10,000
- Fully Verified Account Holders
- Daily – P100,000
- Monthly – no outgoing limit
- Verified Minors
- Daily – P100,000
- Monthly – n/a
You may also visit – How to Verify GCash – Guide in Verifying Your Account in the App
I want to ask how can I increase my Gcash monthly incoming transaction?