Sunday, February 28, 2010

Withdraw PayPal to bank accounts in Philippines

Log in to your PayPal account and see that in the My Account > Withdraw page, you now have an option to directly transfer funds from your PayPal account to your bank account in the Philippines.

Withdrawal transactions are expected to be processed within 5-7 business days.

There is no charge if the transaction amount is P7,000 or more but there is a P50.00 fee if the amount to be withdrawn is P6,999.99 or less.

A P250.00 return fee is charged if you entered incorrect details about your bank account so make sure you input the correct information.

To withdraw, you must attach a bank account first to your PayPal account. Once added, you can directly submit a withdrawal request.

Try it now! Go to PayPal and let us know about your funds transfer experience.