If you are a user of Maya, the digital banking platform in the Philippines, you might have encountered the problem of choosing between Maya Bank and Maya Wallet when sending money from your other bank accounts or e-wallets. What is the difference between these two options, and which one should you use?
Maya Philippines, Inc./Maya Wallet vs Maya Bank, Inc
When you are trying to send or transfer funds from your bank or e-wallet (GCash, Hello Money by AUB, BDO, BPI, etc.) to MAYA, you will see two options: Maya Bank, Inc. and Maya Philippines, Inc./Maya Wallet. Here is how to choose the right one for your transaction:
Sending Money to Maya Philippines, Inc./Maya Wallet
Account Number Sample: 09064472471
If you want to send money to Maya Wallet, you need to choose Maya Philippines, Inc./Maya Wallet as the recipient and enter the 11-digit mobile phone number linked to the wallet.
Sending Money to Maya Bank, Inc
Account Number Sample: 4208 1234 5678
When you transfer money to Maya Bank, Inc., it indicates that you will be sending the money to a Maya Savings Account, and the number of Maya Savings account is 12 digits long.
Conclusion
Sending money to Maya is easy and convenient once you know the difference between Maya Philippines, Inc./Maya Wallet and Maya Bank, Inc. Just make sure that you choose the right option to avoid further problems.
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