I Got My First Withdrawal From Paypal To My Bank Account

@julyteen (13252)
Davao, Philippines
November 28, 2008 8:05am CST
i am very happy today when i check my bank account that the amount I am withdrawing from my paypal is already credited to my account. This is the first time i tried withdrawing funds from paypal. I am amazed with the fast transfer of the funds. Paypal said that it will probably credit to my bank account after 5-7 days but i requested my withdrawal last November 25 and today is November 28. Therefore, the transaction takes only 3 days. Thanks to Paypal for the fast transaction.
2 people like this
18 responses
owelm0408
@owelm0408 (1011)
• Philippines
28 Nov 08
wow congrats!i'm planning to withdraw my paypal balance also but i'm still thinking if i will transfer in my bank or in my card.which you think is better?
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
much better to withdraw your funds to your EON card if do you have already an account.
gemjeweled
@gemjeweled (133)
• Philippines
29 Nov 08
Withdrawing to the bank account is much much better than withdrawing out to the card because it is a lot cheaper and you get those funds faster. You just need to spend P50 if you are taking out funds worth less then P7,000 or spend nothing if it exceeds P7,000. Plus, you just simply get those funds in only three days. Withdraw to card option would cost you $5 per withdrawal and it will take you up to a week to get those funds.
allen0187
@allen0187 (58582)
• Philippines
29 Nov 08
thanks for the info gem. i'll definitely use this option as it is faster and the charges are lower.
gemjeweled
@gemjeweled (133)
• Philippines
28 Nov 08
Hi julyteen! Wow! That's good news! Another happy person who got funds out from Paypal to a Philippine bank account. Like you I am from the Philippines and had taken out funds from Paypal in several occasions. It is a good thing that you requested payout earlier, because the US are now enjoying a Thanksgiving holiday which will actually delay the actual processing of funds. Like you I also get those funds in three business days based on the US holidays. Enjoy your earnings and use them wisely!
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
i left part of my profit in MegaLido, if they turn scam no loss for me because i already withdraw my earnings from them. i didn't invest to fastprofitsurf but in frogress i did and now turn to scam but i lose only $6. uhmmm
Stephannie
@stephcjh (38473)
• United States
29 Nov 08
That is wonderful. Paypal usually has my money into my bank account in about 2-3 days also. It all depends on how quick your bank adds the transaction also.
williamjisir
@williamjisir (22819)
• China
29 Nov 08
Hello stephcji. I am wondering whether you have to pay some extra fee for the transfer from paypal to your bank. The paypal says that we Chinese users have to pay 35 dollars for the transfer from paypal to our bank account, which is too much for us. So will you have to pay that much service fee, please, friend?
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
I think the charge is only $5 not $35 because it's a big amount of money.
williamjisir
@williamjisir (22819)
• China
29 Nov 08
Hello julyteen. I am so happy for you that you have made it. So paypal is really a reliable one for us users. Good luck to you, friend.
williamjisir
@williamjisir (22819)
• China
29 Dec 08
I haven't done anything with my paypal earnings yet because the charging fee is too high in China, which is 35 dollars. I am wondering why it is so high a fee for the transferring.
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
yes i felt very happy when i found out that the amount was credited on my bank account already. how did you withdraw your paypal funds?
jingbautista
@jingbautista (2456)
• Philippines
29 Nov 08
good for you. as for me, i still have the numbers of my money here in mylot. i don't have any bank account yet, and i still don't know the process of paypal.. congratx!
HULYO
@julyteen (13252)
• Davao, Philippines
30 Nov 08
it is now easy to have an account in Unionbank. you only have to do is apply to the nearest branch. bring a 2 valid id and Php 350 for the annual fee of the card.
allen0187
@allen0187 (58582)
• Philippines
29 Nov 08
been wanting to withdraw my paypal funds as well but i'm trying to get more funds in there before i do the withdrawal. anyway thanks for sharing this great news. i'm definitely more confident now to make a withdrawal. by the way what was the peso-dollar exchange rate when you made the request and did you get the correct amount? thanks for the answers. enjoy the cash and i hope you don't blow it all away on cheesy christmas gifts. lol! just kidding! cheers!!!
HULYO
@julyteen (13252)
• Davao, Philippines
30 Nov 08
yes i am favor with the rate exchange. Before i made the withdraw i tried a site to buy my funds but it cost about $42 something. So many charge. Better to cashout because the exchange rate that time ws $48.20.
HULYO
@julyteen (13252)
• Davao, Philippines
30 Nov 08
i mean better to withdraw your funds than selling it to buyers online.
littlefranciscan
@littlefranciscan (18327)
• United States
29 Nov 08
I have found that the funds transferred from Paypal usually makes it to my bank account within 2 or 3 days. I noticed that paypal did say longer..and I think they do this because some banks are much slower.
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
yap i experience the same. takes only 3 days and it was credited to my EON bank account.
jamesme135
@jamesme135 (404)
• Malaysia
29 Nov 08
Wow! Congratulations! I haven't withdrawn from Paypal yet as I don't have much funds in there. I live in Malaysia. I heard there are a lot of problems withdrawing money to Malaysian banks. I guess I have to ask around the procedures.
HULYO
@julyteen (13252)
• Davao, Philippines
30 Nov 08
better make an investigation first before you transfer funds from your paypal to your bank to avoid problems. Banks in our country and paypal have a good connection. transactions will be process fast.
jeanniemay
@jeanniemay (1798)
• Philippines
17 Jan 09
Wow! This is good and thank you for sharing this. Transactions is therefore getting faster and better for all of us. Cheers!
dong1970
@dong1970 (1572)
• Philippines
29 Nov 08
Nice to hear,im planning also to request withdrawal from paypal.Is there a fee for requesting withdrawals from paypal.
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
if you withdraw below Php 7,000 you will be charge.
machel2008
@machel2008 (616)
• China
29 Nov 08
congratulation,good new for you,my friend,i am also sign up in paypal,but i have not received even one money,because i just use this payment term no more one month,mybe i can not fully understand this system,i hope i can get my frist payment from paypal system.
HULYO
@julyteen (13252)
• Davao, Philippines
30 Nov 08
make more money online so that you can try withdrawing funds from your paypal. if you need help just ask me so that i can guide you. it's not easy toe earn online in your own without any mentors that will teach you how to earn more.
alleroid16
@alleroid16 (943)
• Philippines
29 Nov 08
oh? that was really nice, i never ever tried to have withdraw from my pay pal account. hopefully, this december. i could get my 1st payout ever. hehe. :) happy mylotting!
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
be sure to withdraw more than the allowed amount to avail free charge.
jlamela
@jlamela (4897)
• Philippines
29 Nov 08
Congratulations!I already been receiving money from my online works since October and very happy with the amount.hehehe!my first online payment was coming from article writing which I got through my membership in scriptlance.com, followed by Triond.com, a blogging website. The best decision is to withdraw the amount from paypal to a bank account (in my case through my metrobank-davao account) because if you withdraw that in your eon card they will charge a big amount. In my case I decided to put my withdrawal in my bank account rather than with eon card.
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
the account number of my EON card i add it in adding bank account. so i used the card and the bank account. no charges at all because it is above Php 7,000.
rcfranz
@rcfranz (180)
• Philippines
29 Nov 08
wow good for you,you earned now what you been worked for...how did you recognize that you already have the money in your account? tnx...
HULYO
@julyteen (13252)
• Davao, Philippines
29 Nov 08
my bank account can be access through internet because i registered it in online banking. i can monitor all my transactions everyday. i can pay my bills through internet by the used of my online banking account.
Lee Ka
@kaka135 (14931)
• Malaysia
26 Dec 08
Congratulations! I have no yet withdraw any money from my paypal account before, and I am yet to explore how I can do that. It'll be good if I can transfer the money from PayPal to my bank account, then I can straight away spend the money I earned online.
tryxiness
@tryxiness (4544)
• Philippines
25 Dec 08
I have not really tried paypal yet, but I wish when I do, I would not be impatient about it. Would you mind if I ask what are the steps? I mean, I would appreciate it like what I must do. I will be getting an Eon card (my eon card) and have not really started any significant things about it.
Daddy Neil
@neildc (17239)
• Lapu-Lapu City, Philippines
4 Dec 08
I also made one discussion about this matter. Mine was also my first paypal withdrawal and when paypal said that it will be credited to my account on the seventh day, it was truly there.
michaelnbc
@michaelnbc (100)
• China
30 Nov 08
Glad to hear good news of paypal and congratulation to you!But in my country,paypal will not sent money to bank account except T/T,what a pity!