To transfer money from Maya to BPI, first, ensure both accounts are linked and verified. Transfers typically incur a minimal fee and take a few hours to complete, making it a convenient option for Filipino freelancers. Ensure you have at least PHP 100 in Maya to cover any fees.
Quick Facts
| Aspect | Details |
|---|---|
| Fees | PHP 15 per transaction |
| Processing Time | 1-2 hours |
| Minimum Withdrawal | PHP 100 |
| Supported Banks | BPI, BDO, UnionBank, and more |
Step-by-Step Process
1. **Link Your BPI Account:** Open your Maya app and go to the "Linked Accounts" section. Select BPI from the list of banks and enter your account details. Make sure to confirm the linking through the OTP sent to your registered mobile number. 2. **Verify Your Accounts:** Both your Maya and BPI accounts need to be verified. On Maya, this involves uploading a government ID and taking a selfie. For BPI, ensure your mobile number is registered for online banking. 3. **Initiate a Transfer:** Go to the "Transfer" section in the Maya app. Select BPI as your recipient bank and enter the amount you wish to transfer. 4. **Confirm Details:** Double-check the transfer details, including the recipient account name and number, to avoid any mistakes. 5. **Complete the Transfer:** Once confirmed, hit "Transfer" and wait for the transaction to process. You'll receive a notification once the transfer is successful. 6. **Check Your BPI Account:** Log into your BPI online account or use the mobile app to confirm that the funds have been received.Fees Breakdown (Philippines 2026)
Transferring money from Maya to a BPI account incurs a standard fee of PHP 15 per transaction. This fee is quite affordable, especially when compared to other transfer methods where fees can reach up to PHP 50 or more. For context, PHP 15 is less than the cost of a Grab ride across Manila, making it a cost-effective solution for freelancers.Best Banks to Use
When choosing a bank for your freelancer needs, consider factors like accessibility, fees, and integration with digital wallets like Maya and GCash. - **BDO:** Offers widespread ATM availability and a user-friendly mobile app. However, their customer service can sometimes be slow. - **BPI:** Known for its reliable online banking services and competitive transfer fees. - **UnionBank:** Provides excellent digital banking features and seamless Maya integration. - **GCash/Maya Options:** For those who prefer digital wallets, both offer flexibility but watch out for transfer limits and fees.Common Problems
- **Verification Issues:** If your account is not verified, your transfer may be delayed. Ensure all verification steps are completed in both Maya and BPI. - **Transfer Delays:** Occasionally, network or banking issues can cause delays. If your transfer is taking longer than usual, contact customer support for assistance. - **Solutions:** Always keep your contact information updated and ensure you have a stable internet connection during transactions.Frequently Asked Questions
How long does a transfer from Maya to BPI take?
Transfers typically take 1-2 hours but can be delayed during peak hours.
Are there any hidden fees?
No, the only fee is the PHP 15 per transaction charged by Maya.
What if I enter the wrong account details?
Double-check all details before confirming. If an error occurs, contact both Maya and BPI support immediately.
Can I cancel a transfer?
Once initiated, transfers cannot be canceled. Ensure all information is correct before proceeding.
Is there a limit to how much I can transfer?
Yes, Maya has a daily transfer limit. Check the app for your specific account limits.
My Recommendation
In my 6 years of freelancing, I've found that choosing the right payment method is crucial for managing cash flow effectively. For Filipino freelancers, Maya to BPI transfers are efficient and cost-effective. However, for international payments, consider using Payoneer or Wise for lower fees and better exchange rates.Start Receiving International Payments
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