Transfer Funds

Send money to ANY major local bank


Transfer Funds
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1. Tap Transfer Funds and select where to transfer money
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2. Choose the account where you want to take money from
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3. Key in the account details where you want to transfer money to
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4. Key in the amount, frequency and note details
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5. Review and submit the transfer request
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6. And you're done!

 

Do I need to enroll the accounts that I want to transfer to thru UnionBank Online?

You don't need to enroll accounts you want to transfer to. You just indicate the account details, the amount to transfer and then send. You can also save the account details that you regularly transfer money to directly on your app so that you won’t have to type them in again the next time you need to transfer.

 

Are fund transfers done real-time?

Fund transfers to your own account and to other UnionBank accounts are credited in real-time. However, transfers to other local banks may take 2-3 banking days before it gets credited to the beneficiary account. The processing time depends on the time the transaction was requested and how long the receiving bank processes the transaction. Transfers to other banks made before the 12:00NN cut-off are processed by UnionBank on the same banking day.

 

Is there a limit to the amount I can transfer?

By default, you can transfer up to PHP500,000 daily. You may change this anytime under Settings > Transaction Limits.

 

Which banks can I transfer funds to?

You may transfer funds to any major local bank. Transfers to Other Banks is currently limited to Philippine Peso only.

Major Banks:
Union Bank of the Philippines
ANZ Banking Group Ltd. HSBC Philippine Veterans Bank
Asia United Bank Corporation ING Bank N.V. Rizal Commercial Banking Corporation
BDO Unibank, Inc. Korea Exchange Bank Robinsons Bank Corporation
Bank of Commerce Land Bank of the Philippines Security Bank Corporation
Bank of the Philippine Islands Maybank Philippines, Incorporated Sterling Bank of Asia, Inc.
China Banking Corporation Metropolitan Bank & Trust Company Standard Chartered Bank
Citibank, N.A. Mizuho Bank, Ltd. - Manila Branch United Coconut Planters Bank
Deutsche Bank AG Philippine Bank of Communications United Overseas Bank Limited, Manila Branch
Development Bank of the Philippines Philippine National Bank  
East West Banking Corporation Philippine Trust Company  
Are there any charges for transfers made through UnionBank Online?

Kindly refer to the schedule of transaction charges below:

Transaction Type Fee
Fund Transfer to UnionBank Accounts Free
Fund Transfer to Other Local Banks Free *
Scheduled Transfers to UnionBank Accounts Free
Scheduled Transfers to Other Banks Free *

* This excludes the applicable fees your receiving bank may charge.

 

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1. Tap Transfer Funds and select where to transfer money
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2. Choose the account where you want to take money from
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3. Key in the account details where you want to transfer money to
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4. Key in the amount, frequency and note details
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5. Review and submit the transfer request
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6. And you're done!

 

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