Paypal Codes for Philippine Banks

For the citizens of the bloggosphere, Paypal’s feature that allows Filipinos to withdraw their Paypal earnings to their local bank accounts is not news anymore. It was in late January when Paypal announced the new feature. I was already blogging at that time, and earning money from it, but I failed to make a post about it. This is me making up for it.

All you need to do is to login to your Paypal account and click on the Withdraw link located at the top menu row, below the main menus. You will then be taken to a withdrawal page where you have to enter your bank account details.

Withdrawal transactions are processed within 5 to 7 days from withdrawal request. Just make sure you don’t use EON for withdrawal of funds cause it takes more time than that.

Transactions above 7,000 pesos is free of charge and anything below that carries with it a 50 pesos transaction fee.

You need to first add a bank account to your paypal account, by the way and to do that, you need to enter these codes:

Official List of PayPal Philippines Bank Codes

Philippine banks with Paypal bank codes: Allied Bank; Asia United Bank; BSP; Banco de Oro (BDO); Equitable PCIBank (same as BDO bank code); Bank of Commerce; Bank of the Philippine Islands (BPI); China Bank; China Trust; Citibank; Development Bank of the Philippines (DBP); Deutsche Bank; East-West Bank; Export Bank; Hong Kong and Shanghai Bank (HSBC); Landbank of the Philippines (Land Bank); Metropolitan Bank and Trust Co. (Metrobank); Philippine Bank of Communications (PBCom); Philtrust; Philippine National Bank (PNB); Prudential Bank; Veterans Bank; Rizal Commercial Banking Corporation (RCBC); Security Bank; Standard Chartered; United Coconut Planters Bank (UCPB); UnionBank of the Philippines (Unionbank); United Overseas Bank.

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Tags: banks, Filipino, Money, pay to blog, Paypal, Philippines, withdrawal