Here’s how to deposit your money to your SeaBank account
SEABANK DEPOSIT – This article will teach you about the step-by-step process on how to deposit your money to your account.
Regulated by the Bangko Sentral ng Pilipinas (BSP), SeaBank is a mobile banking app that lets you enjoy fast and easy banking with time-saving payment features, high interest rates, and free transfers to other accounts, e-wallets, and banks.
You need to have a money on your account before transferring it to other account, e-wallet, or bank account. But how to deposit your money to your account?
Keep in mind that you can deposit your money from other banks to your account through InstaPay or PESONet and transfers from other banks may charge a fee for outgoing transfers (typically PHP 15.00 – PHP 25.00 per transfer).
You may also visit: SeaBank Account — How To Link Your Bank Account To Your SeaBank Account?
Below are the step-by-step process on how to deposit your money to your SeaBank account:
From your mobile banking app, you need to select bank/e-wallet transfer and choose “SeaBank” or “SeaBank Philippines, Inc.” as your receiving bank.
The next step is to enter your account number and any other details required, input the amount to be deposited to your account, and select InstaPay or PESONet as a payment channel. Lastly, you need to authenticate and confirm the transaction.
PESONet is for a maximum amount of PHP 1,000,000 and processed within one (1) working day, while InstaPay is for real-time transfers of up to PHP 50,000 for every transaction. But according to SeaBank, transfers from ShopeePay to SeaBank are free.
SeaBank Philippines is regulated by the BSP (Bangko Sentral ng Pilipinas) and deposits are insured by the PDIC (Philippine Deposit Insurance Corporation) for up to PHP 500,000 per depositor.