Paypal now allows withdrawal to Philippine banks

Monday, January 28th, 2008

PinoyMoneyTalk has given word that PayPal started allowing users in the Philippines to withdraw funds to local bank accounts. To do this, you first have to attach a bank account to your PayPal account. You also need the bank code in order to successfully attach your bank account. PinoyMoneyTalk currently has a partial list here. Good thing the bank code for BPI is there.. i might go ahead and try this.. this would actually be better than using eon to withdraw the funds since there is no charge for transactions which exceed 7000 pesos.


Paypal is now available in the Philippines !!!

Saturday, October 14th, 2006

Paypal is now available in the Phillippines!

However it is still not possible to load your account thru credit card, receive funds, or withdraw funds into a local bank account.

This is good considering that we can now pay online through Paypal but with all the constraints, this is still not what i need, which is to pay and recieve money… ^_^ It’s a good start though…

For more info, visit the paypalnow blog.

EDIT: The only thing we could do is pay via paypal with a limit of USD100..

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