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.
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Check it out! Now we can withdraw funds without being charged the $5 fee. Yey!
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I am an accountant, a CPA. I'd been working for 10 years as a corporate rat when I decided to quit. I am now working at home as a consultant and full time blogger.



26 Responses to “Withdraw funds from Paypal to your Philippine bank account”
By Eds on Jan 26, 2008 | Reply
kainis sis! hindi nila agad pina implement to, sayang! na withdraw ku na pmandin ung balance ko, sayang ung $5!
By Angie on Jan 26, 2008 | Reply
Uy, this sounds good. That’s a great service. Thanks for sharing, Sha. I wouldn’t have known. It’s what I’ve been waiting for since I transfer money from home to my family here in Pinas. I’ll find out if that’s bound to happen too through PayPal. Gusto ko sana kasi mag transfer from PayPal directly to my family’s bank here, but the US PayPal is only for US banks lang. But, still it’s a great progress. Btw, I’m getting a Wordpress soon. I will be back here more often and might as well learn from you. Have a great weekend!
By mmy-lei on Jan 26, 2008 | Reply
wow, that will be a good news. having a paypal account is really big convience esp. for those who shops online. Now i can send direct to phil using that account.
thanks for sharing and it’s good to be back
By Mica on Jan 26, 2008 | Reply
Hi!Thanks for dropping by at my photohunt.By the way,that is really great news to all probloggers in the Philippines!Thanks for sharing!
By Tin on Jan 26, 2008 | Reply
nabalitaan ko nga ang tungkol dyan kaya nag open na rin ako ng paypal account.
By lutchi on Jan 26, 2008 | Reply
thanks for the hopped Shash, good news talaga about the paypal…glad to hear that…thanks for the info girl. TC
By ann on Jan 27, 2008 | Reply
Ok nga yan, buti na lang.
BTW, ok na yung tanong ko, inaayos kasi ni kd site ko that time pero nakita na nya yung hinahanap nya. Thanks.
By reyna elena on Jan 27, 2008 | Reply
this is good news! kaso, i am reading the comment and they’re not implementin it? ano ba ang score? DALIII! MARAMING BOYLETS NA NAGIITAY NANG ALLOWANCESS AHHAHAAH!!!
By Aisha on Jan 27, 2008 | Reply
waw swerte buti nmn haha!
link-exchange sis?
By Joni on Jan 27, 2008 | Reply
Yay for this!
By rino on Jan 27, 2008 | Reply
Hi Sasha, thanks for pointing this out. Pwede ko ng widrahin yung kinita kong 20$ from paypal…lol…sarap kumain don sa kong tek vegetarian resto. malapit lang ba kayo don?
By Apols on Jan 27, 2008 | Reply
wow thanks sasha!!!!!!!!!
By claire on Jan 27, 2008 | Reply
kaya lang your account will remain unverified and limited padin.
pero good thing you can still withdraw your funds 
By Louis on Jan 27, 2008 | Reply
Question lang, wala bang restrictions sa bank account na pwedeng tumanggap ng funds frm Paypal?
By delish on Jan 28, 2008 | Reply
wow, this is bloody good news!!!
actually, super greaqt news pala!!! 
By Jacqui on 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.
By lazarus on Jan 28, 2008 | Reply
sash, any RP bank na ba to? it’s good news!
By Anton Sheker on Jan 29, 2008 | Reply
Great news! will check it out later.. have you tried it already?
By rino on 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.
By Frutee on Jan 29, 2008 | Reply
Yehey, im really happy about the bank withdrawal thing. But I already applied for eon! Waahh..
By honney on Jan 30, 2008 | Reply
yup. got this email too!
By Amor on Jan 30, 2008 | Reply
that would be nice, sayang din yung $5 no!
By Yen on Jan 30, 2008 | Reply
Nice din to Sash:) I added you already! Xo
By GBex on 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!!!!!
By Rach (Heart of Rachel) on Jan 31, 2008 | Reply
This is great news Sasha. Thanks for sharing.
By tina on Jan 31, 2008 | Reply
thanks for this ate sash!!
hugss!