can I transfer my earnings from paypal to my bank account instead?
By cyatibarra
@cyatibarra (123)
Philippines
September 14, 2010 2:50am CST
i was just wondering if ever ill be able to accumulate bigger amount of earnings, is it possible for paypal to transfer my earnings to my bank account instead? rather than withdrawing it? i've read a lot of comments that they are having a hard time withdrawing their earnings because paypal charges are way more expensive than the amount of cash outs? would it be possible? are there any charges still? im just wondering, i know a lot of myloters are also confuse about the process of cash outs. Thanks in advance.
2 people like this
15 responses
@The_Mechanical_Turk (208)
• United States
14 Sep 10
I didn't try it so far because here in the Philippines BDO still doesn't approve my internet banking application so I can't linked my PayPal and BDO but I know it's just a little bit of transaction fee will be deducted to your PayPal account.
1 person likes this
@cyatibarra (123)
• Philippines
14 Sep 10
is that so? im am using BDO as well and i do transactions thru paypal also, just curious if about transferring the money to the bank... anyway, with your problem, you can go to your BDO branch, they'll assist you on that, i would take days for you to be able to access thru online banking if im not mistaken. just try it dear, youll never know youll be approved this time. :)
1 person likes this
@The_Mechanical_Turk (208)
• United States
14 Sep 10
Hi cyatibarra! It's been a week since I have applied for the Internet Banking I just wanted to know if you tried to transfer your earnings to your bank account from PayPal. Is your PayPal verified?
To nerdz101 I don't think PayPal will transact other means such as you said but I'll research about it. But I know AlertPay will give check and doesn't transact to our bank accounts here in our country but they can deliver it to you for a little transaction fee!
1 person likes this
@mensab (4200)
• Philippines
14 Sep 10
from my paypal account, i transfer my earned money to my bank account in the philippines. and i have no problem with the transfer. of course, paypla charges some fees to cover some of the costs, but it is worth it. and usually, it takes around 4 days to complete the transfer. if you are concerned of the fees, then accumulate as much as you can in paypal to reach the certain amount that can be transferred for free. i have not done this, and i doubt if i can reach that amount.
1 person likes this
@Mackenzie_jad228 (556)
• Philippines
14 Sep 10
Hi mensab would mind if I ask what bank here in Philippines would allow paypal money transfer?
1 person likes this
@SilverKing (1003)
• Canada
15 Sep 10
Once you get your paypal verified then you can easily get money sent directly to your bank account.You will have to ask your bank for some information such as a transit number and once you do that they will send you a few cents and you need to tell them what 2 amounts they sent you.Once they verify your account you can send and recieve and send as much money as you want otherwise you will have a cap and once you reach it you can't use the account anymore.
@richard03 (133)
• Philippines
14 Sep 10
yes it is possible! i have been transferring my paypal money to my bank account since i started earning online. i guess it you have to ask your bank if they allow paypal money to your bank account. and if ever they allow you should always check the address that you will enter, your address data on your bank should be the same for your paypal. try it.
1 person likes this
@cyatibarra (123)
• Philippines
14 Sep 10
hi thanks for that, if you dont mind me asking are there any charges in transferring? so how do you get the money you get it through your bank right?
1 person likes this
@youless (112481)
• Guangzhou, China
14 Sep 10
Sure, you can transfer your Paypal money to your bank account. You have to just provide the correct bank information and Paypal will finish the transaction for about a week. But it may have some charges for some countries.
I love China
@oscar6 (1938)
• United States
14 Sep 10
I am not really sure. Since I am a united states citizen, we pay nothing to have our earnings transfered to our bank accounts. I would suggest sending them a email or looking at the frequently asked questions on thier page. I have never heard of being charged to transfer money to a bank account. Best, oscar6
@full2softwares (122)
• India
14 Sep 10
yes you can.
but you much have minimum of 300$ to transfer ..
1 person likes this
@TeamCholent (2832)
• United States
14 Sep 10
You will have to withdraw and the fees associated with the withdraw are from your bank really as I know us Americans pay nothing to get our balance sent to our bank accounts.
1 person likes this
@enthusiasticone (348)
• China
15 Sep 10
i don't know how to do with this. but i want to know it , waiting for your good news here. thank you .
@anurag3786 (6267)
• India
15 Sep 10
Yes now it is possible and you can transfer your earning through paypal into your bank account.. you can visit on Paypal website and their you will find whole information that how do you transfer your earnings into your bank account.. I think they have some limit to transfer money into bank account.. and also charges $5 for to every amount..