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Philippine Banks – PayPal

New! Withdraw Your Funds to Your Philippine Bank Account

Now you can 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*. So go ahead and add your bank account today!

That is the message I got from PayPal yesterday though I have read this in my PayPal account last Sunday. I am sure everybody from the Philippines got this message too. Hooray!

There is PhP250.00 return charge if incorrect information is given. Still, this is good news. So call you local banks now and get it’s code and make that transfer from your PayPal account directly to your local bank. There is a list of bank codes from the major banks in the Philippines from ebay.ph. If in doubt, call your local bank and ask them to be sure.

Below is a list of the Philippine banks code from ebay.ph:

BANK NAME

9 digit bank code

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

Here is the link from ebay.ph again. Thanks ebay.ph.

2 Comments »

2 Responses to “Philippine Banks – PayPal”

  1. Lynn on 02 Feb 2008 at 1:45 pm 1

    thanks for making sure that I read your post on Pay Pal. I was able to post my bank account already when they gave the link at their site. I don’t know about EON though I often come across it. Now that you mentioned you’re sticking to coz of more control, I’ll browse on it.

    Thanks ha. 🙂

    No problem, Lynn. Did you register a credit card? With EON, there is a $5 fee per transaction which is still some amount, which can be put to other use aside from a transaction fee. The risk of having to put my local bank account registered is that i can probably use the money since I use this account for paying bills. I don’t think I still need to get another bank account just for that since I already have an EON. This development has caused quite a stir in the Philippine blogosphere, especially to those earn from paid posts, including our other blog. Thanks, Lynn 🙂

  2. monaco on 03 Feb 2008 at 10:57 pm 2

    this is both good and bad news for me. good because of its convenience, and bad because I had just opened an Eon Cyberaccount at Union bank (which hasn’t been activated after three weeks!) for paypal purposes. hmmp, wrong timing again.

    I am keeping my EON, who knows I might be able to use it to pay for online purchases. It also is a good rein on expenses and for emergency purposes.