Withdraw Paypal To Your Bank Account

Nov 20, 2008 I internet.
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Has anyone tried withdrawing their paypal funds to their bank accounts? My bank account would be BDO and it is sad that their employees know nothing about this development that people with BDO bank accounts can withdraw their PayPal funds to there. I tried calling their hotline, which pisses me off all the time because I have to look for a PLDT phone just to call them, most of the phones here are Globe, only to find that in the main menu, there is no access direct to customer service support because you would have to go to account services first, then input your telephone pin number to be able to go to the next set of menus, sad to say I don’t have that telephone pin because (again) you would have to enroll it first. Isn’t that just grand?

If anybody has experience with this, please drop a comment and tell us about it. What I would like to know is if it is possible to transfer PayPal funds to your Banco de Oro “dollar” account (instead of a peso account). And if the transfer fee is still the same (it’s 200.00 pesos right?). Drop a line and let me know (and others who can find your infos useful).

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8 Responses to “Withdraw Paypal To Your Bank Account”

  1. 1
    ann Says:

    it seems almost everyone here in the blogging world is earning lots of money. i haven’t tried withdrawing paypal funds for my bank account. i still dont have money online.

  2. 2
    North Sulawesi Says:

    I have never got a problem like that but, anyway, have u already contacted them through email?
    oh ya…Thx for visiting my
    North Sulawesi
    blog.

  3. 3
    mom of four Says:

    There shouldn’t be any problem since Paypal accepted your bank when you registered it. How do you withdraw funds from Paypal? You do it on Paypal website right? That’s how I do mine. I log in to my Paypal, click withdraw money and automatic, it will go to my bank after at least 3-4 business days and it will be available for withdrawals.. I don’t know if this helps..
    Good luck!

  4. 4
    wuhtevah Says:

    hi mom, actually, it accepts any bank info you add into your paypal account, so you should be 100% sure that the infos are correct, else, when it is returned back to your paypal account, there will be a 200 peso deduction return fee.

    the steps you mentioned are right. my question is if it works with bank dollar accounts since the blog posts i’ve read in the net deals with peso bank accounts only.

  5. 5
    mom of four Says:

    Oppss..sorry, I misunderstood the question. When we’re doing Ebay, once the money got transferred back to Paypal, Paypal charges a certain percentage. But, when my in-laws sends us money thru Paypal, Paypal doesn’t charge anything. You will get it full amount. So, I am not sure which is going to be with PPP or whatever you have. I just thought I’d share this info with you.

  6. 6
    wuhtevah Says:

    thanks for the tip momy

  7. 7
    mom of four Says:

    I just checked my Paypal account I got paid by PPP, my whole 5 dollars for the month of October, hahaha! Paypal didn’t charge anything. Hirap naman kumita ng pera…

  8. 8
    wuhtevah Says:

    oh well, so at this time it’s not possible to transfer it to your philippine dollar account.

    http://pages.ebay.ph/bankwithdrawal/#9

    Can I withdraw US Dollars to a US Dollar denominated Philippine or Indonesian bank account?

    No. At this time, PayPal only supports withdrawal to Peso or Rupiah bank accounts located in the Philippines or Indonesia. However, you can withdraw funds in US Dollars, if you have a United States bank account.

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