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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 AUB
2 Bank of Commerce
3 Bank of Makati
4 BPI Globe Banko
5 China Bank
6 China Bank Savings
7 Citibank, N.A.
8 City Savings Bank
9 City State Bank
10 CTBC Bank
11 DBP
12 Dungganon Bank
13 EastWest Bank
14 EastWest Rural Bank (Green Bank)
15 Enterprise Bank
16 Equicom Savings Bank
17 HSBC
18 HSBC Savings Bank
19 Infoserve, Inc.- Nationlink
20 LANDBANK
21 Legaspi Savings Bank
22 Luzon Development Bank
23 Malayan Bank
24 Maybank
25 Metrobank
26 OmniPay
27 Overseas Filipino Bank (formerly Postal Bank)
28 Pacific Ace Savings Bank
29 Partner Rural Bank
30 PayMaya (Smart Money)
31 PBCom
32 PBCom Rural Bank
33 Philippine Business Bank
34 Philtrust Bank
35 PNB
36 PNB Savings Bank (ASB)
37 Producers Bank
38 PSBank
39 Quezon Capital Rural Bank (QCRB)
40 RCBC
41 RCBC Savings Bank
42 Robinsons Bank
43 Security Bank
44 Standard Chartered
45 Sterling Bank
46 UCPB
47 UCPB Savings Bank
48 Union Bank
49 Veterans Bank
50 Wealth Bank
51 Yuanta Savings Bank (Tong Yang Bank)