Good news for Filipino, withdraw funds to your bank account!!

Another good news for filipino, please check your paypal and click on "withdraw" you can now add your bank account and withdraw for a very small fee. Before we can only use EON card. Please post here if you have tried to withdraw using your bank account. Goodluck guys!!

 

that is indeed a good news, no more hassle on doing it through xoom that sometimes it is being rejected on intra transfer

 

That's great news! But do you know where we can get our banks 9-digit bank code? Can't seem to find that info on my banks website.

 

Try to call your bank and ask more details about this.

 

"very small fee"

What is the fee ?

Thanks

 

Great! To add your Bank Account in the Philippines, what they need is your Name, the Bank Name, Bank Code (Swift Code?) and Account Number to be able to send money to your Bank Accounts in the Philippines. It seems a special feature for US and PH paypal accounts for the mean time.

 

I am curious about the exchange rate. If anyone plans on withdrawing to their bank account next week please share what's the exchange rate.

 

Free
for 7,000.00 PHP or more

50.00 PHP
for 6,999.99 PHP or less

unlike eon they charge $5 for every withdrawal

 

Thanks for the info . Ill try to add my bank account soon

 

I'm very glad to hear that, my country listed too. But, I were know it from last month ago.
Congrat to Filipino people.

 

You can add you bank account, meaning you'll still need your eon debit card to allow withdrawal to local bank.

 

Yes you still need a debit card to make your paypal account get verified and after that you can withdrw to our local bank and ask for their bank code.

 

so i must go to a bank like landbank,BPI,union bank and open a bank acount then open a card??im newbiei already have $60+ but still dont have bank acount.paypal has a maximum amount in non verified.

btw LANDBANK of the PHILIPPINES accept paypal??coz im planing to open my bank account in there

 

Yeah this is really a good news. I can now withraw my funds at paypal after 4 months.. Coz my eon is blocked at paypal and xoom wont let me know withdraw my money. I just bought vcc here to activate it. Thats why im very glad that paypal unlocked this feature..



For the 9 digit bank code you can find it here http://pages.ebay.ph/bankwithdrawal/bank_codes_ph.html

 

I prefer to withdraw in EON credit card although right now my pending is too long overdue. I think the conversion of paypal is bit too low comparing it when you withdraw the money to your credit card account.

 

I tried to withdraw and the conversion at paypal is higher that the covertion rate here.

 

Try union bank eon debit card you just have to pay 300 and present 3 valid ids. Most of the Filipino use eon although as of now we cant wdrw our funds due to some problems with paypal.

 

ow ic.union bank will still accept paypal?what are the banks in the philippines that accept paypal?i need help coz im planning to open an acount tomorow

 

all local banks already accept paypal

 

ah ic.weblazer is it ok if i choose landbank??wats the differnce between the 2 bank the union bank??whats there difference??