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Withdraw funds from Paypal to your Philippine bank account

Good news everyone! You can now withdraw funds from your Paypal account directly to your Philippine bank account!

UPDATE!
An official announcement has been released by Paypal a few minutes ago. I just received an email from them. For your questions regarding this new feature of Paypal Philippines, go to this LINK.

I just saw it now when I opened my Paypal account and have seen this option when I try to withdraw funds.

paypal.jpg
*Click image for a larger view

Check it out! Now we can withdraw funds without being charged the $5 fee. Yey!

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RSS Feed for This Post27 Comment(s)

  1. Eds | Jan 26, 2008 | Reply

    kainis sis! hindi nila agad pina implement to, sayang! na withdraw ku na pmandin ung balance ko, sayang ung $5! :(

  2. Angie | Jan 26, 2008 | Reply

    Uy, this sounds good. That’s a great service. Thanks for sharing, Sha. I wouldn’t have known. It’s what I’ve been waiting for since I transfer money from home to my family here in Pinas. I’ll find out if that’s bound to happen too through PayPal. Gusto ko sana kasi mag transfer from PayPal directly to my family’s bank here, but the US PayPal is only for US banks lang. But, still it’s a great progress. Btw, I’m getting a WordPress soon. I will be back here more often and might as well learn from you. Have a great weekend!

  3. mmy-lei | Jan 26, 2008 | Reply

    wow, that will be a good news. having a paypal account is really big convience esp. for those who shops online. Now i can send direct to phil using that account.

    thanks for sharing and it’s good to be back

  4. Mica | Jan 26, 2008 | Reply

    Hi!Thanks for dropping by at my photohunt.By the way,that is really great news to all probloggers in the Philippines!Thanks for sharing!

  5. Tin | Jan 26, 2008 | Reply

    nabalitaan ko nga ang tungkol dyan kaya nag open na rin ako ng paypal account. :)

  6. lutchi | Jan 26, 2008 | Reply

    thanks for the hopped Shash, good news talaga about the paypal…glad to hear that…thanks for the info girl. TC

  7. ann | Jan 27, 2008 | Reply

    Ok nga yan, buti na lang.

    BTW, ok na yung tanong ko, inaayos kasi ni kd site ko that time pero nakita na nya yung hinahanap nya. Thanks.

  8. reyna elena | Jan 27, 2008 | Reply

    this is good news! kaso, i am reading the comment and they’re not implementin it? ano ba ang score? DALIII! MARAMING BOYLETS NA NAGIITAY NANG ALLOWANCESS AHHAHAAH!!!

  9. Aisha | Jan 27, 2008 | Reply

    waw swerte buti nmn haha!

    link-exchange sis?

  10. Joni | Jan 27, 2008 | Reply

    Yay for this! :)

  11. rino | Jan 27, 2008 | Reply

    Hi Sasha, thanks for pointing this out. Pwede ko ng widrahin yung kinita kong 20$ from paypal…lol…sarap kumain don sa kong tek vegetarian resto. malapit lang ba kayo don?

  12. Apols | Jan 27, 2008 | Reply

    wow thanks sasha!!!!!!!!!

  13. claire | Jan 27, 2008 | Reply

    kaya lang your account will remain unverified and limited padin. :( pero good thing you can still withdraw your funds :D

  14. Louis | Jan 27, 2008 | Reply

    Question lang, wala bang restrictions sa bank account na pwedeng tumanggap ng funds frm Paypal?

  15. delish | Jan 28, 2008 | Reply

    wow, this is bloody good news!!! :) actually, super greaqt news pala!!! :)

  16. Jacqui | Jan 28, 2008 | Reply

    Hi sasha,

    This is great news … i jut opened eon-unionbank last week. Sus, pwede na pala any Phil based bank accounts. Hahaha!

    Thanks for the info. Will definitely check this out.

  17. lazarus | Jan 28, 2008 | Reply

    sash, any RP bank na ba to? it’s good news!

  18. Anton Sheker | Jan 29, 2008 | Reply

    Great news! will check it out later.. have you tried it already?

  19. rino | Jan 29, 2008 | Reply

    Hi Sasha, I received this notice too in my email, kaya lang may problema yung bank ko kasi dati Ibank siya tapos ngayon supposed to be union bank na, kaya hindi ko alam kung anong gagamitin ko. Can you help me determine which?
    tnanks.

  20. Frutee | Jan 29, 2008 | Reply

    Yehey, im really happy about the bank withdrawal thing. But I already applied for eon! Waahh..

  21. honney | Jan 30, 2008 | Reply

    yup. got this email too!

  22. Amor | Jan 30, 2008 | Reply

    that would be nice, sayang din yung $5 no! :)

  23. Yen | Jan 30, 2008 | Reply

    Nice din to Sash:) I added you already! Xo

  24. GBex | Jan 30, 2008 | Reply

    hey sashing, ni tag pala kita dito-
    http://www.smartglobalexpress.net/2008/01/tags-galore.html..btw hindi ko makita ang ni tag mo saken wwwwahhhhhhhhhh!!!!!

  25. Rach (Heart of Rachel) | Jan 31, 2008 | Reply

    This is great news Sasha. Thanks for sharing.

  26. tina | Jan 31, 2008 | Reply

    thanks for this ate sash!! :) hugss!

  27. mikego | Aug 25, 2008 | Reply

    I just love Paypal Philippines. Nagkaroon ako ng sideline dahil pwede na tayo mag accept ng funds from other paypal accounts.

    mikegos last blog post..Franchising Francon International

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