Withdraw PayPal Funds to Philippine Bank Accounts
I tried to log on my PayPal account a while ago to confirm what kuya James posted on his blog, Pinoy Money Talk, and indeed, PayPal funds can now be withdrawn to Philippine Bank accounts.
A really great news, right? But not a very good news for me because I’ve already paid 350 pesos for my UnionBank EON account registration fee. If I only knew PayPal was opening this feature to the Philippines, amf.
Now, we can enjoy withdrawing funds for a lower fee. That’s a cheap PhP 50.00 fee for withdrawals lower than PhP 7,000 COMPARED to the $5.00 (more or less PhP 200.00) withdraw-to-card fee.
Ooops, I’m running out of words so I’ll discuss kuya James’ post.
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Pinoy Money Talk is one of the first, probably the very first, to break this news to the blogosphere but expect other sites and blogs to write about this without giving us credit although they got the news from us. LOL. –Pinoy Money Talk
Is this reverse psychology? Hahaha. I’m sure you’re gonna gain some Technorati authority with this.
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P.S. I’m sure some people will again claim that this recent development was a fruit of their labor and lobbying. Cut it out people, PayPal offered this because they saw what a big market the Philippines is for them. It’s not only you who have been long clamoring for this. With or without you, PayPal will certainly offer this anyway! –Pinoy Money Talk
I’m with you. I used to join online petitions for the full expansion of PayPal’s functionality in the Philippines. LOL!
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To my other readers there who got lost of the post’s flow, GOOD LUCK.
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Whoa, PayPal has a new favico. 
Conrad Miguel E. Gozalo is a 17-year old guy from General Santos City, Philippines. He is currently taking up his BS Computer Science at the University of the Philippines Diliman. He is a proud Linux user since August 2008. He is also a big fan of Free and Open Source Software. Know more about him on the 
11 Responses to “Withdraw PayPal Funds to Philippine Bank Accounts” (join them?)
January 27, 2008 at 1:37 am
waaaaaaaaaaaaaaaaaaaaaaa!!!!
nice nice,.. pwede ko na kunin pera ko for free!! yay!
January 27, 2008 at 4:35 pm
Reverse psychology ba? At least it worked. Haha. Actually, last time we were also the first to break the news about the Receive PayPal feature, pero yung iba ni-lift lang yung article namin without even linking back. At least ngayon, yung iba nagbibigay na ng credit hehe.
This indeed is a very nice development. Wishing you thousands of PayPal funds soon!
January 27, 2008 at 9:15 pm
Malas ko tlaga…kung kelan pwede na sa local banks saka ako nag apply for a card. Pero okay lang…may advantage pa rin naman cguro yun kahit papano!
See you in Marbel!
January 28, 2008 at 5:04 pm
@kuya ayel: Yeah. Mas okay ang debit cards than credit card. Ang credit card, nagkakautang ka. Sa debit card, pwede kang makatipid (pwede gawing savings account eh).
January 29, 2008 at 7:38 pm
This is a good news for all of us. Actually I received an email too about this information. Anyway thanks Mikko and to Pinoy Money Talk.
February 1, 2008 at 2:37 pm
Hey Conrad, when I have already a bank account, do I need to have a debit/credit card to use Paypal?
February 1, 2008 at 7:45 pm
Hi Kevin.
You don’t need a debit card anymore.
February 3, 2008 at 12:03 pm
But how do I get verified?
April 21, 2008 at 11:10 am
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May 23, 2008 at 11:31 pm
I tried withdrawing from my paypal account into my bank account but there was an error field. It says I had to enter my credit card’s last 4 digit number. I don’t have a credit card. Paano ko i-verify ang account ko without a card para maka withdraw na ako?
July 1, 2008 at 4:54 am
Hi there,
pwede ba ako mag withdraw sa paypal gamit lamang ang bank account ko kahit di pa naka verify ang credit card? please answer me po magdamag na ako nag hahanap ng katanungan sa net la ako mahanap. you can also email me po if it’s okay so i can easily notice na meron kanang response. salamat
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