question about paypal

@setroc (853)
Philippines
June 15, 2008 11:53am CST
to those who have an account and had already withdraw some money from it, how did you withdraw and what bank do you think is the best bank to use for paypal, i dont have a bank account, can you recommend a bank, and also please answer the how on withdrawing money from paypal, thank you
1 person likes this
6 responses
@banadux (630)
• United States
22 Jun 08
I use a bank that as far as I know is only in the south east of the united states called Wachovia. I haven't had any problems with withdrawing money from paypal into my Wachovia account. Inside paypal there should be a button at the top when you are logged in about withdrawing money. I really don't think it matters what bank you use. It's a pretty standard transfer of money to the bank. I'm sure any modern bank will work just as well.
1 person likes this
@setroc (853)
• Philippines
22 Jun 08
i think it matters here in the philippines, ive read some post here about debit cards or bank accounts getting rejected by paypal, unionbank is the only bank here i think that present itself to the public as paypal trusted, i think im going for that bank, i dont know why paypal is so tight when it comes to philippine users
• India
22 Jun 08
It is better to open a bank account and link with the paypal that means opening a bank account is not that much problem than others and it will be your permanent account
1 person likes this
@setroc (853)
• Philippines
22 Jun 08
i know i need a bank account how else can i withdraw money from it if i dont have one, i was asking what bank did they use when they got their paypal money, nevertheless my friend thanks for responding, i like getting comments from newbies i can extend a little help by rating them, but i always rate positive anyway those who respond to my post, its a show of appreciation
@rsa101 (38166)
• Philippines
16 Jun 08
I have a BPI Account but I haven't withdrawn any amount yet. I hope I could read in here that has already did. I heard others use the Union Bank. I just don't know how they did that.
@setroc (853)
• Philippines
16 Jun 08
please post here when you already had gotten money from paypal okay, thanks
@allen0187 (58582)
• Philippines
17 Jun 08
Paypal payments can now be paid directly to the bank accounts of Philippine-based members. You just need to input your bank details and your bank's swift code. Here is the list of swift codes for the differnet Philippine banks: Bank Name Bank Code ALLIED BANKING CORP 010320013 AUSTRALIA NEW ZEALAND 010700015 ASIA UNITED BANK 011020011 BANGKO SENTRAL NG PILIPINAS 010030015 BANGKOK BANK 010670019 BANK OF AMERICA 010120019 BANK OF CHINA 011140014 BANK OF TOKYO 010460012 BANCO DE ORO (EPCIB) 010530667 BANK OF COMMERCE 010440016 BANK OF THE PHIL ISLANDS (BPI) 010040018 CHINA BANKING CORP 010100013 CHINA TRUST COMML BANK 010690015 CITIBANK N.A. 010070017 DEVT BANK OF THE PHILS (DBP) 010590018 DEUTSCHE BANK 010650013 EAST WEST BANK 010620014 EXPORT & INDUSTRY BANK 010860010 FUJI BANK 010640010 HSBC 010060014 INTL COMML BANK OF CHINA 010560019 INTL EXCHANGE BANK 010680012 JP MORGAN CHASE BANK 010720011 KOREA EXCHANGE BANK 010710018 INTL NEDERLAND BANK 010660016 LANDBANK OF THE PHILS 010350025 MAYBANK OF THE PHILS 010220016 METROBANK 010269996 PBC 010110016 PHIL TRUST COMPANY 010090039 PHIL NATIONAL BANK (PNB) 010080010 PRUDENTIAL BANK 010150018 PHIL VETERANS BANK 010330016 RIZAL COMML BANKING CORP 010280014 SECURITY BANK & TRUST CO 010140015 STANDARD CHARTERED BANK 010050011 UCPB 010299995 UNION BANK 010419995 UNITED OVERSEAS BANK 010270189 If you're withdrawing P6,999 and below, there is a corresponding fee being charged by PayPal. No fees will be charged for withdrawals of P7,000. However, the local banks do charge for any withdrawal so take account of that. Hope this helps. Anyway, more information about this is available at Paypal.
@ayessa (1583)
• Philippines
20 Jun 08
HI! I just want to ask if its fine to use atm card without a mastercard or visa logo? Im also from the Philippines and I don't know if my BDO ATM will be accpeted. I was planning to withdraw my money on paypal this month-end. Hope you can help me with some info. Anyway my aacount in paypal is already verified. ANother thing can just a saving account in passbook can be use in paypal. Thanks!
@setroc (853)
• Philippines
17 Jun 08
thanks for this info i was planning on going out of town to the nearest city just so i could have a unionbank account since we dont have a branch here in my town, i hope you are absolutely sure that any bank will do, coz unionbank sounds like paypal trusted or something, i wish you could have mention it here if you already withdraw some money on paypal or not, if you visit again to my post please add that to your comment, thanks, if you gotten paypal payments withdrawn to your bank and its not union bank then that would realy convince me to use just any bank here in my town
@Bebs08 (10681)
• United States
15 Jun 08
Well, it depends maybe upon what country you belong. Heer in the US, I think it doesn't matter what kind of bank you have. I have no problem with mine. I just hit the request money transfer online button in my account online in paypal.. and they will transfer the money to my bank account in 3 business days.
@setroc (853)
• Philippines
16 Jun 08
im from the philippines, paypal is very strict here
@Mythel (157)
• Philippines
17 Jun 08
I am also from philippines, I chose moneybookers rather than paypal because I do not have debit card yet.If I have already debit card that is applicable for paypal I will change it as soon as possible. You have already 343 post? have you already reach your minimum payment?
@setroc (853)
• Philippines
17 Jun 08
i dont know how they compute earnings, i only have 3 dollars 7 dollars short of the pay out amount, thanks for responding