The Union Bank Platinum Visa offers 0% intro APR periods on balance transfers and purchases, and charges no balance transfer fee for 60 days. Here’s what you need to know.

A bank-to-bank transfer, also called an external transfer, allows you to send funds electronically from your bank account to an account at another financial institution.

The new service requires a minimum transaction of P100. A transaction to transfer cash from Union Bank to GCash has a fee of P10 while the movement of cash from GCASH to Union Bank has a fee of P7.50.