With the New Withdrawal Features Available with PayPal you can now easily withdraw funds from your local Philippine bank account.

Philippine Local Banking With PayPal

Really! (Rural Banks Not Included), “Yes”, just 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*. But for withdrawal amounts of less than PHP 7000, there is a nominal fee of PHP 50 And P250.00 return fee is charged if you entered incorrect details about your bank account so make sure you input the correct information. So go ahead and add your bank account today!

This means that finally, PayPal has trusted the Philippines in terms of its financial systems and hope this will officially begins the prolific relationship of Filipino online earners with PayPal. Finally, users in the Philippines will have no problem attaching their bank accounts and can now request to directly withdraw their PayPal funds!

If this is your first attempt to withdraw PayPal, you need to add a bank account to your PayPal account first. To do this, log in to PayPal, go to My Account > Profile > Add or Edit Bank Account then fill in the Bank Name, Account Number, and Bank Code.

Click here to learn more

If you are withdrawing PayPal to your bank account in the Philippines, you’re probably wondering what the “Bank Code” is.

What is the Bank Code? See below.

Name Of Bank(S)

Bank Code(S)

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

LANDBANK 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

That’s All Folks I’m sure all the local online earners well be more happy this time. Mabuhay! ang lahat ng Bloggers out there.. Happy Online Banking! pa link naman dyan.. Ok!.

If you enjoyed this post, then please subscribe to my RSS feed or sign up for free email updates