Paypal account balance to Bank Account Balance Transfer

Philippines
April 18, 2009 4:45am CST
Hello Guys, Would you mind sharing how do you transfer paypal account balance straight to your bank account balance? Can you use BDO account? Does it have to be enrolled in internet banking? Thanks for sharing.
2 people like this
3 responses
rsa101
@rsa101 (38148)
• Philippines
18 Apr 09
I have a BPI account and I was able to send my Paypal from that account successfully. They just charged PhP 50.00 to the transfer and nothing else. I am again having another transfer today so maybe I would be receiving that this coming week. And I am confident that I would be receiving the amount anytime next week.
1 person likes this
mialei23
@mialei23 (2385)
• Philippines
20 Apr 09
Hi rsa101, what kind of BPI account you have is it debit card or savings account. I'm planning to get a BPI account because I have problem with my Eon card? Thanks, and hoping that you will reply on my question..
iskayz
@iskayz (5420)
• Philippines
18 Apr 09
Hi there! To transfer money from Paypal to your bank account in the Philippines you have to link your account number to Paypal. With BDO, I think you need to have a dollar account to be able to allow Paypal transactions. I have also read some blogs in the internet about transferring money from Paypal to BDO, that it was denied many times. Paypal doesn't recognize or accepts BDO accounts and vice-versa. The safest way for Paypal transfer is with Union Bank's EON card. You can apply for that by bringing 2 identification cards. The EON card is made for Paypal transactions. I have one and my transactions have never failed. Hope that helps. Ciao!
eichs1
@eichs1 (1934)
• Philippines
19 Apr 09
No, you don't need to have a dollar account to be able to withdraw to BDO. The ordinary savings bank account will suffice. Yes, there have been some glitches in transferring from Paypal to BDO but it looks like things were fixed. You only have to make sure you followed Paypal instruction on how to link your bank account and withdrawing properly - which are clearly described and explained by the first two posters in this thread.
1 person likes this
iskayz
@iskayz (5420)
• Philippines
19 Apr 09
Hi! I asked BDO about transferpring from Paypal to BDO and they said I might need a dollar account for the transfer. Anyways, I'm not using BDO. I'm using EON card and I think it's the safest account for Paypal transactions. Happy posting!
rizaress
@rizaress (1)
• Philippines
23 Sep 10
but i have an account of chinabank is it ok to paypal?