TONIK to BAYAD: Transfer Funds for FREE

 

Need to transfer funds from a Tonik account to a Bayad account? Do it for FREE!

Last update: January 29, 2023

Send Money via Tonik App

Transfer Mode: InstaPay

1. Go to the Tonik App and login.

2. Ensure you have enough balance in your Tonik account (not in the Stashes).

3. Click on Send - Bank Transfer - InstaPay, enter amount, select Purpose, click Next.

4. Choose CIS Bayad Center, Inc. and enter the bank account details.

5. Follow the subsequent in-app instructions.

As of end of 2022, Bayad is now available as a direct Send Money recipient from Tonik. Below indirect transfer options are not relevant anymore:

OPTION 1: Indirect Transfer Via BPI

1. Transfer funds from Tonik to BPI (InstaPay).

2. Transfer funds from BPI to Bayad (Linked Bank Account).

OPTION 2: Indirect Transfer Via RCBC

1. Transfer funds from Tonik to RCBC (InstaPay).

2. Transfer funds from RCBC to Bayad (Linked Bank Account).

OPTION 3: Indirect Transfer Via Seabank

1. Transfer funds from Tonik to Seabank (InstaPay).

2. Transfer funds from Seabank to Bayad (InstaPay).

OPTION 4: Indirect Transfer Via Unionbank

1. Transfer funds from Tonik to Unionbank (PESONet).

2. Transfer funds from Unionbank to Bayad (Linked Bank Account).

As of August 10, 2022, below indirect transfer is not FREE anymore as BDO Pay app started to charge Php25 per InstaPay transfer:

Indirect Transfer Via BDO

1. Transfer funds from Tonik to BDO (InstaPay).

2. Transfer funds from BDO to Bayad (InstaPay via BDOPay App).

As of August 1, 2022, Komo starts charging Php8 per InstaPay transfer. Below indirect transfer is not FREE anymore.

Indirect Transfer Via Komo

1. Transfer funds from Tonik to Komo (InstaPay).

2. Transfer funds from Komo to Bayad (InstaPay).

Happy transferring!

#TeamZeroFees