I want to share something good with MyLotters who can utilize it.
By Jenaisle
@Jenaisle (14078)
Philippines
August 14, 2008 2:10am CST
Today, I came to know about how to credit my Paypal account into a bank account.
Here in the Philippines, the bank that is familiar with paypal is Union Bank.
The card that you should avail of is the EON Cyber card. I presented 2 valid ID's, my residence certificate, and a xerox copy of my ID's and filled out their application form.
They told me that I'll be receiving a letter after 2-3 weeks which will inform me of the availability of my EON card. There is no maintaining balance for the EON card, just a yearly fee of 350 which is payable upon claiming of the EON card. The allowed withdrawal is once a month and there are minimum charges by paypal for the transfer of funds.
There you are folks, if you want a more detailed explanation, visit www.unionbank.com.ph.
So let's Mylot now, because we'll surely get paid....good luck to all of us.
6 responses
@sassyangelee (340)
• Philippines
14 Aug 08
withdrawal only once a month? Where from your Eon card or from Paypal? If i were to transfer funds then It should be at least more than the amount that paypal will be charge to my account. I went to unionbank link last night. It didnt said anything about resident certificate. I hope I can still get an accout with just my 2 Valid IDs and photo copies of them.
Thank you for creating a thread on this. It would be a good guidelines for us whos new to paypal. I have talk to a lot of friends regarding about bank transfer from paypal to our local bank.
Happy mylotting!
1 person likes this
@ayenacsi (910)
• Philippines
14 Aug 08
thanks for sharing that info. I was wondering what i was gonna do once i reach my minimum payout and you provided the answers. Maybe you can also share with us once you reach your payout and if you had any problems regarding the bank transactions... thanks again !
@iskayz (5420)
• Philippines
14 Aug 08
Hi there!
Thats good information Jenaisle. But is EON card like a credit card or debit card? Does your money earn interest on EON card?
@danverxxcore (347)
• Philippines
24 May 10
HI, dont you think it is a bit too big amount? $5?? You see I'm new to neobux and havent got ROI yet, the withdrawal fee is big you know. $5 is big, even for myLotters out there.. Hmmm how about withdraw it in the passbook account? Union Bank passbook account if there is one?