Suggestions please

I formerly have my BPI account where paypal transfers my money. But doing that would cost me 150 pesos per transfer, and that's already big. So someone from here suggested EON card of Unionbank. So i applied and have been an EON holder fro how many years now. Transfer of Paypal has no fee. You only have to pay Unionbank 350 pesos yearly. And the bank automatically deducts it whenever it's already due. If there is no money yet in your EON card, the moment it already have , it automatically deducts it. So , apply for an EON card my friend. It's cheaper that way.

You can open an EON visa card in Union bank or can get an E-wallet visa card in RCBC where you can easily transfer your payout through these ATM card. Actually I do not have a visa card i just transfer all my earnings to my husband Paypal account and withdraw to his EON card every time i need it.

Hi, A bank account is one sure way to transfer the cash. However, I just use my Paypal balance for online purchase on eBay, Amazon or any online shopping that offers worldwide shipping. Maybe, if my balance becomes big enough, say USD10K, I would be opening a bank account for the purpose. For now, my balance does not warrant one.

Union Bank EON account is I think one of the best for you since you're from the Philippines. Here is a link that might help you : http://www.pinoymoneytalk.com/withdraw-paypal-philippines-to-unionbank/

why don't you try Union Bank? they offer a very low deposit,as far as i know you have to open an account first before you can withdraw your money from paypal.

I know a friend that is from Philippines and just like you he doesnt have a bank account. Try to find some paypal to gcash exchanger. You can also try RCBC, you can also try Union Bank ^_^ Hope this helps :) Good Luck

The easiest would be opening an Eon acvount at union bank. No need to have a maintaining balance on this account. You only need to pay 350 pesos annual fee. If you want to earn interest from that account, you need.to have at keast 10k pesos.

Hi friend! I m using my Land Bank account and so far i haven't encountered any problem with regards to withdrawing funds.

This totally depends on your locality if you are living in the Philippines, i suggest you should ask first your banking carrier and which banks do affiliate with PayPal... BPI (Bank of the Philippine Islands) is one of the many Banks in the Philippines that is affiliated with PayPal and other online money carriers. Though mine is PayPal verified from credit card not on atm card... But you can always ask the Bank personnel on which options you can decide with. Hope this helps.

it's better to search discussions about eon, unionbank, bpi, bdo, paypal, etc here at mylot because it has been discussed many times here and many members have already shared their experience. just type eon or unionbank in the search box. the P150 charged by bpi and P200 (i think) by bdo is already my food and transpo for the day. so we're pretty lucky we're in metro manila because there are many unionbank branches here, unlike in the provinces where they have no choice. eon is good for those who have regular online earnings and need to withdraw frequently, like monthly or every two months. but if you transfer less than Php7,000 from your paypal to eon, there is a Php50 deduction. also remember that paypal's dollar-to-peso conversion rate is lower than what you see in the newspapers or from the banko sentral. the difference serves as their profit to stay in business.

Well,i think you can open account with any bank as long as you have internet banking.Paypal would need you to verify the small amounts they passed into your account and withdrew.Most of the times, atm does not provide this info and also if they do they might charge something.But then you can also enter the details of your debit card in paypal.This would also help in verifying your bank details.Once your bank is verified, its all fine to have the money transferred to account.You can also withdraw the money from atm usign your atm card.Even paypal provides atm card as well so if you would like, you can check out that as well.So it is always better to have the account with internet banking.there is no preference over the banking brands for opening accounts.But then its better to open with well know names so that you have the trust and other benefits by opening the account with them.I am using well fargo account for my paypal.It has been all fine and i am able to do the transactions.I do not use the paypal card but is aware its handy for certain cases especially if you want to buy things in ebay or similar online stores.you can also check with the concerned bank also before opening account.Thanks!

that is also one of my problem and my paypal account i apply in china bank but i am sad to hear that they not accept that kind of transaction but as i planing to save my money from paypal and buy it from ebay then resell but any way how about try union bank as many of responded say that, also try banko de oro and landbank as far as i remember someone from Philippines said that too, to me as i make a similar discussion of this 3 yrs ago from other account of mine

You can check on the payPal account itself and they will give you suggestions on what bank they have easily access on.