Filipino mylot users... who have withdrawn through their local bank?
By yuanchang
@yuanchang (474)
Philippines
June 23, 2007 4:52am CST
i have my bank account at the bank of the philippine islands. My payment method is through moneybookers. I already registered my account to moneybookers. so do anyone of you has actually withdrawn their earnings from their banks(specially BPI)? how much is the cost?
1 person likes this
5 responses
@mylesnarvaez (5451)
• Philippines
26 Jun 07
i have the same bank as yours and registered to moneybookers also. i used to have e-gold, but as it's no longer used, i changed it to moneybookers.
i haven't experienced withdrawing from moneybookers and transferring it to my bpi account yet but i enquired from bpi and they said that as a receiving bank thru an international bank transfer, it may charge about P150 to P200. this excludes the charges by moneybookers once we make a withdrawal.
another mylot user in the philippines has a landbank account, and was not charged any amount by the bank when moneybookers transferred his money (but it's not from mylot earnings).
some of the things shared in that discussion was that it may take several days for the bank transfer to effect depending on the bank (5-7 working days for most banks). this is especially true if it's the first time to withdraw from moneybookers. but so far, moneybookers for him worked. :)
@mylesnarvaez (5451)
• Philippines
27 Jun 07
that's the main idea. save up first so that the one-time withdrawal fees (from moneybookers) and bank transfer fees (if applicable) wouldn't eat up too much of your earnings here in mylot.
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@yuanchang (474)
• Philippines
26 Jun 07
wow! if i will have a payout of $10 and minus the fees from moneybookers and my local bank i would get a very little amount by then. better to save up for more before withdrawing.
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@repzkoopz (1895)
• Philippines
23 Jun 07
well.. first thing we need to know is if BPI has a SWIFT/BIC code. otherwise, it'll all be useless..
i'm checking on my bank account too if they have SWIFT/BIC code.
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@yuanchang (474)
• Philippines
23 Jun 07
BPI has. swift code is BOPIPHMM. i was just wondering who has recieved their earnings from BPI through moneybookers.
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@repzkoopz (1895)
• Philippines
23 Jun 07
is that so? hmmm.. maybe i should just reopen my BPI account rather than waiting for metrobanks reply..
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@krislouiebaby (2346)
• Philippines
27 Jun 07
actually i have received my payment from mylot through moneybookers but i have not withdrawn my money yet,
because there is limit on withdrawing it must be 13 dollars or more, so i have to earn some to withdraw my money in my moneybookers account.as of now my balance is 11 + dollars.
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@yuanchang (474)
• Philippines
27 Jun 07
moneybookers has a limit of 13 dollars? i thought there is no limit in withdrawing. :(
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@selina0625 (1379)
• Philippines
26 Jun 07
This is a great discussion. Thanks for sharing the BPI swift code. I also have my account in BPI and I'm planning to use that account to transfer my earnings from money bookers. I already reached the $10 minimum and woould soon see if everything is alright with moneybookers. Hope it is!
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@yuanchang (474)
• Philippines
26 Jun 07
cool thing! you can have your payout now. please update us about your withdrawal. you would really help us out here. thanks a lot. have a good one :)
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@rsa101 (38166)
• Philippines
23 Jun 07
The first to ask is did mylot start paying its members in Moneybookers. It seem that they have not yet paid yet thru moneybookers. The last payments made was still with Egold. Thanks for the info regarding BPI's swift code I will put that in my account too. I am also waiting for someone to answer your question. I think expect few to answer this since no one really has tried using Moneybookers in here.
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@yuanchang (474)
• Philippines
23 Jun 07
i never knew about egold but i hope someone answers about this moneybookers thing. so how do they through egold?
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