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Personal > Cash Out

What is Cash Out?

BancNet's Cash Out facility allows you to withdraw cash from partner institutions spread across the country using your ATM, debit card, cash card or e-money account. Instead of an Automated Teller Machine (ATM), a POS machine is used to authorize the transaction.

Most Cash Out machines and partner institution sites are situated in areas where there are few ATMs (or no ATMs at all).


Benefits

  • Convenience and savings on time
  • Savings on transportation expense
  • Enhanced security (due to additional security controls of the partner institution)







Main Features

  • Transaction flow like in ATM withdrawal but cash is disbursed by partner institution personnel (cashier or teller)
  • You can withdraw as much as P10,000 in one transaction
  • Unlike in ATMs, you can withdraw amounts not necessarily in multiples of P100 (ex. P 150 or P1,270)
  • You get a receipt if the transaction was successful
  • You can inquire your account balance for free (however, no receipt is printed)

How to Transact



Transaction Fees

Your bank will charge the same withdrawal fee as they charge when you withdraw through an ATM. However, an additional service fee of P20.00 is charged for every successful transaction.


Participating Banks

You may use ATM, debit or cash cards as well as e-money accounts from the following banks:

# Banks
1 Asia United Bank
2 Banco Dipolog
3 Bank of Commerce
4 BPI Globe Banko
5 China Bank
6 China Bank Savings
7 Citibank, N.A.
8 City State Bank
9 CTBC Bank
10 Development Bank of the Philippines
11 Dungganon Bank
12 Eastwest
13 East West Rural Bank (Green Bank)
14 Enterprise Bank
15 Equicom Savings Bank
16 Land Bank of the Philippines
17 OmniPay
18 One Network Bank
19 Malayan Bank
20 Maybank Phils. Inc.
21 Metrobank
22 Nationlink
23 PBCOM
24 Philippine Business Bank
25 Philtrust Bank
26 Philippine Savings Bank
27 Philippine Veterans Bank
28 PNB
29 PNB / Allied Bank
30 PNB Savings Bank
31 Pacific Ace Savings Bank
32 Postal Bank
33 Quezon Capital Rural Bank (QCRB)
34 Robinsons Bank
35 RCBC
36 RCBC Savings Bank
37 Security Bank
38 Standard Chartered
39 Sterling Bank of Asia
40 Tiaong Rural Bank
41 UCPB
42 UCPB Savings Bank
43 Unionbank of the Philippines
44 Wealth Bank