Comments on: Philippines & Indonesia gets Local Bank Withdrawals from Paypal

By: LMGZgurl

LMGZgurl — Fri, 19 Sep 2008 06:13:38 +0000

hello
just needs some clarifications.
im here in denmark and i want to send money in the philippines using an paypal account.
my question is if im going to use to send money with the paypal does a local bank account (bpi holder) can receive it or withdraw it?and how long would it takes to receive money from paypal to local bank account?
please clarify my questions asap!
thanks and more power!

By: Nique

Nique — Fri, 12 Sep 2008 02:08:28 +0000

hey yuga so i have a paypal account i want to have a separate account for my internet transactions which bank accounts here in the philippines should i link it to? union bank? as it has no eft? and does not have a minimum balance? pls enlighten me with this im a newbie at paypal and linking it to bank accounts

By: Mark Jonel Corpuz

Mark Jonel Corpuz — Thu, 29 May 2008 12:18:29 +0000

Please help me…

By: Mark Jonel Corpuz

Mark Jonel Corpuz — Thu, 29 May 2008 06:22:02 +0000

It prompts me to add a credit card or a debit card…

So what should I do right now?

By: yuga

yuga — Wed, 28 May 2008 13:16:29 +0000

Mark,

Just log in to your Paypal account. Click on Withdraw link and there will eb option to wtihdraw funds via CC or Bank. Select Bank and provide the details of your savings account from Metrobank.

By: Mark Jonel Corpuz

Mark Jonel Corpuz — Wed, 28 May 2008 12:51:19 +0000

But how could I do it?

Could you tell me the process?

I just want to withdraw my money from Paypal to may Metrobank Account….

It would be a great help for me…

By: yuga

yuga — Wed, 28 May 2008 11:26:19 +0000

@mark jonel

Yes, Metrobank ET can be used to withdraw funds.

By: Mark Jonel Corpuz

Mark Jonel Corpuz — Wed, 28 May 2008 06:07:07 +0000

How could I withdraw from Paypal to my bank account?

I dont have any credit card…

Is my Metrobank E.T. Savings Account can be used to withdraw funds?

By: Head Geekette

Head Geekette — Sun, 02 Mar 2008 12:09:16 +0000

@july Yes, you should be able to enroll your PNB account as well.

Whatever bank you intend to use for the withdrawal, do ask first what their charges for electronic fund transfer (EFT) are. As far as I know, the Unionbank EON account doesn’t have EFT charges which is the main reason why I pulled out my BPI account from PayPal and replaced it with EON.

By: july

july — Wed, 27 Feb 2008 05:59:00 +0000

whew! it is possible for me to use my PNB atm account?

just wondering. . ^^ hope reply.. heres my mail : latchkey_23@yahoo.com

By: L.A

L.A — Sun, 03 Feb 2008 14:33:00 +0000

@Head Geekette

Geh Thanks for the answers, now I know I can use my BPI Express Teller..I don’t use it out of the country just for PayPal withdrawals. Thanks again!

By: charles

charles — Sat, 02 Feb 2008 05:07:10 +0000

Just a heads up. click here >>>> Successful Withdrawal From PayPal To Philippine Bank Accounts It's fast and no charge or deductions.

By: Head Geekette

Head Geekette — Thu, 31 Jan 2008 14:46:02 +0000

@L.A. Any VISA or Mastercard credit card that can be used internationally can be enrolled in PayPal. If you have a BPI Mastercard that can be used out of the country, then most likely you can enroll that in PayPal.

BPI Express Teller cards aren’t Visa or Mastercard. So you can’t enroll them. But you can enroll you BPI Express Teller bank account to PayPal for withdrawal purposes. I had just tested that already and finally got my money after a couple of days.

But I have a slight problem with the deduction fees. Maybe someone can enlighten me? I talked about it in my blog.

By: L.A

L.A — Wed, 30 Jan 2008 19:04:45 +0000

I still don’t get what type of cards they accept in the Philippines…does BPI Express Teller Counts? o_O

By: silvertooth26

silvertooth26 — Wed, 30 Jan 2008 17:56:30 +0000

@ andre, thanks for the advice. I’ve applied for my unionbank eon card already, so I guess, I’ll just use that to verify my paypal account.

By: Adam Mordo

Adam Mordo — Wed, 30 Jan 2008 11:37:23 +0000

This is awesome news, “incomplete” as it may still be. The convenience and the security is definitely something to smile about. Because most our bloggers are here in the Philippines, all of us here at I.PH are glad to know that for all respects and purposes, Paypal is finally here.

By: Pablo

Pablo — Wed, 30 Jan 2008 07:53:38 +0000

How long does it take to withdraw funds directly from your bank account?

By: Andre

Andre — Wed, 30 Jan 2008 04:31:58 +0000

Looks like you need a credit card or debit card still, so the best way would be to open a Union Bank Account that gets you a debit card and use that, then just withdraw to your union bank account or other PH bank account as much as you want at a better exchange rate and without any fees. Finally I can stop using Xoom, unless I need the money within 24 hours