How to Withdraw your Paypal Money to your BPI Bank Account
By Paula | April 24, 2010
Withdrawing your Paypal money to your BPI Bank Account is fast and easy. Once you have your BPI Account number on hand, sign in to your Paypal account, click My Account then click Withdraw.
Click Withdraw Funds to your Bank Account. For amounts more than P7,000 Paypal will not charge you a single penny. They will charge you P50 though for withdrawals less than P7k. BPI, on the other hand, will charge P150 regardless of the amount you withdraw. I know Unionbank’s Eon charges cheaper but hey, I found BPI’s charge okay since I don’t have my Eon yet.
First, you have to add your BPI Bank account information – Name on your Bank Account, Bank Name (in this case, Bank of the Philippine Islands), Bank code (the bank code for BPI is 010040018), and then you BPI Bank Account Number. Note that the name on your Paypal account must exactly match the name on your BPI Account. If it does not match then the transaction would not go through and you will be charged a return fee of P250. So check your bank account and make the necessary changes in your Paypal if it does not match.
Next, review your bank account information and click on Add Bank Account.
You can now withdraw your money. Specify the amount you wish to withdraw and click Continue. Waiting time is 2 to 4 business days. I was expecting it to take four days but it only took two days for my withdrawal to reflect in my BPI account. I was so happy because I can buy the Kipling bag my hubby wanted. All I have to do was withdraw the money in my ATM account afterwards.
You can also withdraw your Paypal money to other bank accounts just input the correct bank codes. Just look for the bank code in the list below and you’re good to go.
| 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 |
| LAND BANK 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 |
70 Comments
ewo on March 24, 2011 at 10:37 pm.
hello help naman, bakit may withdraw limits? I cant withdraw to my BPI account kasi withdraw limit is 0.00
kate on March 25, 2011 at 5:53 am.
Hi,im new in using paypal. isa lang naman ung EON db? bakt 2-3 weeks ang process? and ano ba yun? Credit?atm? Another thing is, nilink ko tong BPI direct express teller international ko, would it work? And how do you do transferring from paypal to ATMs? THANKS!!
Reinagle on May 18, 2011 at 3:45 pm.
I don’t get it I tried registering my BPI account to paypal they said it’s disabled.
“This bank account is disabled for entry into the PayPal website. Please add a different bank account instead.”
D: what does it mean?
Nebross on June 10, 2011 at 10:44 pm.
Thank you very much for the back codes I successfully linked my BPI account and started withdrawing already.
Just to help I would just answer the comments since they are no reply section for comments.
@ewo: you have to verify your account first go to paypal log-in your account got to profile Verify account or check the email from the your registration there should be a link for verification.
@kate: Yes, EON union bank can be used its a credit card for on-line transactions.
and yes it would work just follow the instructions above you should do fine unless you account is blocked or disabled. The same answers to @Reinagle questions.
Nebross on June 10, 2011 at 10:51 pm.
Pwede rin gamitin ang EON union bank to withdraw, but its just a matter of tranferring funds either to your other account or family account. Thank for the post ADMIN again by the way.
Mae on June 11, 2011 at 10:57 pm.
Hi, anybody here knows how much is the intermediary bank fee if you transfer money from Paypal to BPI Direct (not the regular BPI Savings)?
@kate: I am an existing Unionbank EON account holder since 2009. I don’t know if there’s an EON credit card but I know mine is a savings account. You’ll know when you’ll open an account and fill up the form, you always tick the savings account option.
lisa on June 15, 2011 at 11:48 pm.
bakit pag nag click ka ng verify account it will load other pages that i need to link a debit card or credit card i dont have both is there a way to get my pay pal account be verified i dont want to spend more to open EON card eh pls help
Elisse on August 1, 2011 at 9:35 pm.
Is that Bank of the Philippine Island just the same with BPI Family Savings Bank? I hope you can help me, thank you.^_^
Eds on August 10, 2011 at 8:05 am.
@lisa: same here. I was told by Paypal customer service to apply for an EON card – and that costs P350 in initial annual fees. And I’m not even sure if it will work immediately. Somebody mentioned here 2-3 weeks???
I added BPI as my bank too, and 0.00 din ang withdrawal limit. Please, anyone, can you help us?
Crissy on August 22, 2011 at 6:35 am.
Hi! @EDS – I recently applied for an EON card to link to my Paypal account. Just fill out the online application form for EON card…unionbankph.com. Then select the nearest Unionbank Branch na nagpaprocess ng EON application para ready na for pick up yung card the following day. You’ll pay P350 for the annual/ activation fee upon pick up. Make at least a P100 deposit (this is important para ma-link mo yung EON card sa paypal account mo). Then whenever you have access to a computer, just enroll your card to EON cyber accout, again sa unionbank website. I waited 7 days before naactivate and cyber account ko. From there madali na lang ang process sa paypal.
Long on August 22, 2011 at 9:48 am.
hi, pwede po bang ilink ung BPI express teller international card sa paypal account? May charges ba?
PS3junkie on August 23, 2011 at 11:34 am.
What does withdraw your Paypal money to your BPI account mean? Can I pay for items on Paypal using my bank account, or is it the other way around? I transfer money from Paypal to BPI? I’m so confused.
ZDruol on September 11, 2011 at 12:57 pm.
Hi,
I’m wondering how much is the bank fee if you withdraw at least P7000 from paypal to a BPI Direct Express card, and how long does it usually get into your bank account?
Thanks.
banMedo on October 3, 2011 at 7:35 am.
Mag ask sana ako. Nakaregister na ako sa union bank at napili ko ay Zamboanga Jaldon. Kaso yung napili kong place malayo sa aming lugar. Bale yung pagkuha ko sa EON card, Pwede ba sa iligan City nalang? Kahit nasa Zamboanga Jaldon ang nakalista sa pagkuha ng EON card? Please Help..
Nikka on November 9, 2011 at 5:57 pm.
helow po.. what po ang bank code at branch code ng BPI Globe banko, Inc.?? paki reply sa email add ko.. sunrisebeauty17@gmail.com.. thanks..
natzbrigz on November 11, 2011 at 4:21 pm.
hello!
I have a problem regarding with paypal , how to link a card to get verified.?
What is the card type of BPI EXPRESS TELLER? I’M CONFUSED… asap
Yuki Okudera on November 12, 2011 at 5:49 pm.
Hi there!!
Just wondering what the requirements are to apply for a BPI account. Is there a maintaining balance necessary?
Hope to receive your reply through e-mail soon!
Yuki
Bob on December 2, 2011 at 7:51 am.
Hello Mommydiary:
Thanks for this information about withdrawing paypal money with BPI however, I would like to ask what kind of BPI account is possible to withdraw paypal money? I have BPIony International Direct Savings account. Is it possible to withdraw my paypal money with this account? It is under the Savings account.
Thanks for helping.
Ace on December 13, 2011 at 9:15 am.
Thanks for the post! My paypal account was verified using my BDO Debit card and I’ve been withdrawing to my BDO account for about a year now. However, I would like to withdraw to my BPI account since it turns out that they charge less. Do I need to verify again using a BPI credit card?
Please email the response to studio3802tees@gmail.com
Thanks in advance!
admin on December 13, 2011 at 12:23 pm.
@Ace – No, your account is already verified. Just add another bank account in your Paypal.