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Now you can add your Philippine bank account to your PayPal account, so you can withdraw your money directly to your bank. It saves you time and gives you faster access to your PayPal funds! Plus, there is no charge to withdrawal amounts over PHP 7000*. So go ahead and add your bank account today! |
That is the message I got from PayPal yesterday though I have read this in my PayPal account last Sunday. I am sure everybody from the Philippines got this message too. Hooray!
There is this teeny tiny bit of information one needs to know: there is PhP250.00 return charge if incorrect information is given. Still, this is good news. So call you local banks now and get it’s code and make that transfer from your PayPal account directly to your local bank. It is VERY important to get the codes right. Most Philippine banks, or at least those who will answer your queries will give you blank answers because they have no idea about what PayPal is or the PayPal Philippines Bank Codes are. There is a list of bank codes from the major banks in the Philippines from ebay.ph. If in doubt, call your local bank and ask them to be sure.
Below is a list of the Philippine banks code from ebay.ph:
BANK NAME |
9 digit bank code |
ALLIED BANKING CORP |
010320013 |
AUSTRALIA NEW ZEALAND |
010700015 |
ASIA UNITED BANK |
011020011 |
BANGKO SENTRAL NG PILIPINAS |
010030015 |
BANGKOK BANK |
010670019 |
BANK OF AMERICA |
010120019 |
BANK OF CHINA |
011140014 |
BANK OF TOKYO |
010460012 |
BANCO DE ORO (& EPCIB) |
010530667 |
BANK OF COMMERCE |
010440016 |
BANK OF THE PHIL ISLANDS |
010040018 |
CHINA BANKING CORP |
010100013 |
CHINA TRUST COMML BANK |
010690015 |
CITIBANK N.A. |
010070017 |
DEVT BANK OF THE PHILS |
010590018 |
DEUTSCHE BANK |
010650013 |
EAST WEST BANK |
010620014 |
EXPORT & INDUSTRY BANK |
010860010 |
FUJI BANK |
010640010 |
HONGKONG AND SHANGHAI BANK |
010060014 |
INTL COMML BANK OF CHINA |
010560019 |
INTL EXCHANGE BANK |
010680012 |
JP MORGAN CHASE BANK |
010720011 |
KOREA EXCHANGE BANK |
010710018 |
INTL NEDERLAND BANK |
010660016 |
LAND BANK OF THE PHILS |
010350025 |
MAYBANK OF THE PHILS |
010220016 |
METROPOLITAN BANK & TRUST CO |
010269996 |
PHIL BANK OF COMMUNICATION |
010110016 |
PHIL TRUST COMPANY |
010090039 |
PHIL NATIONAL BANK |
010080010 |
PRUDENTIAL BANK |
010150018 |
PHIL VETERANS BANK |
010330016 |
RIZAL COMML BANKING CORP |
010280014 |
SECURITY BANK & TRUST CO |
010140015 |
STANDARD CHARTERED BANK |
010050011 |
UNITED COCONUT PLANTERS BANK |
010299995 |
UNION BANK OF THE PHILS |
010419995 |
UNITED OVERSEAS BANK |
010270189 |
Here is the link from ebay.ph again.
Thanks ebay.ph!
P.S. I’m sticking with my EON though so that I can control how I spend or NOT spend my moolah.
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