Withdraw your Paypal Money through Philippines Bank Account
Finally the wait is over. Pinoy venturer or Pinoy who conduct business online can now withdraw their Paypal money through their Philippines bank account. Received your money directly to your Philippines savings or checking bank account. Before you can only used Union Bank EON Cyber Account to withdraw your Paypal money or other Visa debit cards, and it’s good to have another option in withdraw your Paypal money. The problem with UnionBank EON Cyber Account is it will took atleast 2 weeks before you can withdraw your money if you don’t have a UnionBank EON cyber account.
This features was first announced here on ebay.ph not on other blogs out there claiming that they’re the first one to announced the news. I think it’s not right that a Pinoy blog start claiming that they’re the only source for this news. They didn’t even link to the original news because they want to justify that they’re one who first announced the news. Anyway, I’ve also blogged about the Bank Codes that you can use in your Paypal withdrawal.
How long will it take to withdraw my Paypal Philippines money to my bank account in the Philippines?
Usually it will take 3 business days or less. But for some banks, I’ve heard 5 business days max.
In my experienced with BDO here’s my own timetable;
If you withdraw your money on Monday, expect your money will arrived on Thursday or Friday. But in case you withdraw on Thursday expect it on Monday. If you will withdraw on Wednesday it will arrived on Monday as well. But if you will do it on Friday, I expect them to arrive on Tuesday. Note that if there will be a holiday in the Philippines or US between or the date of your expected date, expect that there will be delay of 1 day.
If you experienced delay of more than a week, there’s something wrong with your Paypal account or Bank. Know more about it on my Paypal Withdrawal Pending post.