Withdraw Cash in Philippines

@LordOzz (204)
Philippines
October 23, 2009 11:07am CST
Hi there co-Filipino myLoters. I Have a Bunch of Question. How can we withdraw our cash in paypal? i don't have a credit card. Im thinking about getting a Bank Account for me to have a Primary Bank Account in Paypal. But does all Banks Accept Paypal? How Can i request for its withdrawal? hope you can help me guys.
1 person likes this
2 responses
@Lucky09 (1763)
• Philippines
23 Oct 09
hi LordOzz^^;; i had the same question when i started earning from the internet. one friend told me to apply for Unionbank cyber account or they called it EON card. it's like a cash card that you can transfer your paypal money to it. i haven't tried withdrawing though since i don't have that much in my paypal but i think it's what most do. you don't have to have Unionbank account to apply but I paid my EON card for Php350.00. this is one time charge. Some banks accept paypal like BDO and BPI but they have a charge of Php50.00 everytime you withdraw.
@LordOzz (204)
• Philippines
23 Oct 09
Thanks Lucky for the comment. i still dont have much money to withdrew just wondering. it is also important to us to know. ^_^.. umh BTW how did u create a EON without Unionbank account?
@Lucky09 (1763)
• Philippines
23 Oct 09
ready 2 valid ID's like passport, driver's license, postal, school id, company id. then photocopy the 2 valid id's. go to any Unionbank branch and tell them you want to have EON card. u just fill-up the form and then they'll tell you when to comeback. in my case i waited for less than 2weeks. if you are in manila or just nearby, i think it would be faster
@LordOzz (204)
• Philippines
23 Oct 09
So the fee is only 350 upon applying. hmm thats good to hear. and you can withdraw it via Unionbank, ATMs. okay thats good. Thank you! i need 2 Valid IDs. Still need another one. i only got School ID. Maybe Barangay ID. ^_^
@defcon505 (919)
• United States
23 Oct 09
You can request a check to be mailed to you. The fee is low and worth it. I don't really know all banks accept PayPal but all checks are accepted in any financial institutions. You better use the check method when withdrawing in PayPal. Good luck!
@LordOzz (204)
• Philippines
23 Oct 09
Hmm. this method is also good. i can also try this when i need to withdraw money from paypal. thank you defcon.