Withdrawing funds from Paypal using “withdraw to bank account” or “withdraw to card” are not the only ways to get funds from Paypal to any Philippine bank account. There are other lesser known options, and I had identified five ways to get those funds in the Philippines.
I have personally used only one of the options listed here. Except for Payoneer virtual bank account where I am currently invited to participate in their pilot program, I have not personally tried out these services.
I had identified other options because there are more Filipinos who like to pursue ways in earning online. However, getting customer support help in withdrawing funds is really not that good, when someone gets into a problem withdrawing funds. Just like what this guy experienced: what started out as a dull bearable pain, came back and turned into a headache, then into a migraine – I hope this story doesn’t get worse than that.
PLDT Online
PLDT Online is a huge portal where one can shop, pay bills and buy e-load online. I am more interested in their Smart Money reload facility. If you own a Smart Money account, just withdraw cash directly from verified Paypal or Moneybookers account. I think the transfers are immediate except for the first withdrawal, where there is a need to submit documentation to verify one’s account. There are corresponding fees applicable depending on the how small or how large the amount to be withdrawn.
i$end
The i$end feature is the one that comes with the desktop version of Chikka Txt Messenger. Getting funds from Paypal is reported to be immediate: it will just take a few minutes that funds get credited into one’s Smart Money account. However, there are no enough writeups to see satisfied and dissatisfied users (I found only one through Google, as of writing this post), so it is safe to assume that there are less people who opted to try out this feature.
Payoneer debit card using its virtual bank account
UPDATE: This is already implemented. Enabling the virtual bank account costs $20 per year.
I received my Payoneer card from oDesk more than a year ago. I have used that card not only to receive earnings from that freelance site but also to receive Paypal earnings in just two days. Paypal to Payoneer transfers will be available soon to the card holders. As one of the participants in their pilot program, I am very satisfied with the smoothness of their Paypal to Payoneer transfers. The only problem that I had was when I discovered that my Payoneer virtual bank account was not listed as one of my Paypal bank accounts (I did not lose any money anyway). ReviewMe, Elance, Freelancer.com and iStockPhoto are some of the sites that offer debit cards powered by Payoneer, aside from the one that I use with oDesk.
Learn more about Payoneer from some of these previous posts:
- Receiving my Payoneer Card
- Coming Soon: Payoneer Virtual Bank Account
- How to Get Paypal Verified using a Payoneer Card
Xoom (do not use)
For a time Xoom was used to withdraw funds from Paypal when Paypal did not offer the facility to withdraw to a local bank, credit or debit card. Withdrawal is supposed to be quick but many users have now reported that their Paypal accounts turning into limited status after trying the Xoom facility. I still included this one since it was once an a facility to withdraw funds. Please do not use this option to withdraw Paypal funds in the Philippines.
Individuals who buy and sell Paypal funds (too risky, but getting to be a common arrangement these days)
I keep on seeing plenty of individuals and even businesses who are roaming around in a lot of making money online forums and even Facebook groups to promote the trade of selling Paypal funds in exchange for G-Cash, Western Union or Smart Money funds. This kind of exchange is too risky because the other party can simply run away with the funds. Transact using small amounts with people who have gained enough reputation: this is best checked through trust ratings voted by many members in several make money online forums.
These alternatives may be more efficient and better than the popular options provided to withdraw Paypal funds.
I guess important talaga yung Smart Money na yan.
February 17, 2009 at 4:34 pm
Before I wrote that post, I did not think Smart Money was important. These alternatives are here in case my Paypal transfers doesn’t work with Unionbank anymore.
February 18, 2009 at 2:24 pm
thanks for this post. actually, i just confirmed my paypal account a few minutes before I arrived here. I think I should try that Smart Money too.
July 23, 2010 at 2:34 pm
sa totoo lang, nalilito ako sa mga yan
February 17, 2009 at 10:22 pm
The “guy” in the article looks like me
My problem with Unionbank is still unresolved. I don’t have time to go to the bank to pick a quarrel there, i am too busy with office work right now. Thanks for the post Gem, I’ll read this again and again.
I have a Payoneer card from oDesk, can I use it for Paypal? Sorry di ko pa binasa yung binigay mong link.
I guess I need to get my Smart Money card na, I applied for it last January 30, mukhang dumating na yung card, check ko bukas.
February 18, 2009 at 10:39 pm
Hehehe… please read the provided links above. I had updated those previous posts only yesterday to provide in-depth explanation about Payoneer.
February 19, 2009 at 3:28 am
he he he chat tayo mamya para mas clear
Pastilan´s last blog post..The Siterra System
February 19, 2009 at 11:45 am
aha! andami palang ways para maka withdraw ng funds! This post is really helpful. Thanks Gem.
February 19, 2009 at 11:11 am
…or you can use the services of PayManila – http://paymanila.com. Diba, boss Jehzeel?
=)
April 19, 2009 at 1:41 pm
hey! thanks for the post. quite informative for bloggers like me who use paypal.
schizoshrink´s last blog post..Here’s my 25
February 19, 2009 at 1:05 pm
I’m glad I bothered to check this post. I’ve some winnings courtesy of Jaypee’s commentator of the month contest. My paypal is not yet verified. It’s pretty useful knowing my options through your valuable post. Look at that, I’ve got a SmartMoney Card. Now, I only have to apply for UnionBank’s EON card to have my paypal account verified? Is that how it goes?
March 8, 2009 at 1:46 am
Verifying your Paypal is often done with Unionbank EON card but I’ve seen other people use their credit cards successfully.
Most Paypal transactions including online purchases and withdrawals require verified Paypal accounts, so in any way, you will always find this step very necessary.
March 19, 2009 at 1:02 am
You don’t really need an eon card, you can verify your account with smart money. The 4 digit code or confirmation number are texted to your mobile.
January 15, 2010 at 2:12 pm
Really good info! I for one have applied for the EON card, eons ago, but never really used it. This was before paypal began to support Philippine banks. Either I use the same paypal funds to buy me stuff online, OR, transfer to my friend’s US paypal account and ask him to withdraw it for me (long time ago).
Now, I just opted for the bank transfer (to my pnb payroll account, no maintaining balance!).
Cheers
March 8, 2009 at 8:41 pm
Thanks for sharing about your success with that bank transfer from Paypal to your PNB payroll bank account (without any maintaining balance). Does this transfer work for other PNB accounts too (like regular savings or credit accounts)? How many days would it take to do the entire transfer?
March 19, 2009 at 12:12 am
Hi!
How were you able to link that po? Pwede pa la yun. How will you know if accredited yung bank ng atm mo?
March 26, 2009 at 11:34 am
hello.. na-verified na yung paypal ko using my Payoneer card.. question.. pag ba nareceive ko na yung Eon card ko, kelangan pa ba yung Expuse number, etc nun..? or pede ko na lang i-add yung card number sa Paypal account ko.. Kasi nabasa ko na mahirap or matagal makuha yung expuse number sa Unionbank.. ayun po.. thanks…
March 12, 2009 at 9:55 pm
Yung EXPUSE number ay ginagamit lang pang verify ng Paypal, so hindi mo na ito kailangan uli. Ang gagawin mo na lang ay i-add ang bank account mo sa Unionbank para ma-withdraw mo ang pera galing sa Paypal.
March 18, 2009 at 10:41 pm
Just to add more information, EXPUSE numbers or the 4 digit verification code, is used to confirm a card. So kung nag coconfirm ka lang ng card for the sole intention of verifying your paypal account then theres no reason for you to do it again. Pero if you have intentions of using the card for buying purposes, dun mangagaling ang pera na ipambibili mo online, then yes! Your gonna have to complete the link and confirm process,
January 15, 2010 at 2:19 pm
Eto po link sa codes ng bank for paypal…
http://www.pinoymoneytalk.com/2008/01/27/bank-code-philippines-withdraw-paypal/
Hope this helps…Successful na ako sa paglink ng paypal sa payroll account ko po. Yun gusto mababa yung maintaining ng atm, check out Maybank. 500 lang maintaining nila. Hinde po ako taga Maybank po..I stumbbled upon it nun naghahanap ako ATM na nagooffer ng maliit na maintaing.
March 26, 2009 at 12:34 pm
Hi Joy!
The one at pinoymoneytalk is not the official list (and you’ll see plenty of others), but it is the same as that in Ebay: http://pages.ebay.ph/bankwithdrawal/bank_codes_ph.html (Note that Paypal owns Ebay).
Have you also asked kung merong EFT charge ang mga papasok na funds from Paypal sa Maybank account mo?
Yun Unionbank EON, by the way, walang maintaining balance at wala ring EFT charges. Marami rin akong tungkol sa Paypal sa post na ito: http://www.theladyprogrammer.com/one-stop-odesk-corner/
March 26, 2009 at 4:08 pm
Ate Gem,
Is it possible to transfer Paypal funds if I open a US Dollar Savings Account?
I plan to open an account with Landbank, $100 lang kasi ang initial deposit.
March 27, 2009 at 10:34 pm
Have you opened an account with Landbank already? Same can be said with BDO, they also offer only $100 initial deposit on dollar accounts.
However, I would not recommend opening dollar accounts here, because the money is stuck in the bank. You’d better try Unionbank EON which does not require a minimum balance (you can have P0.00) in your account.
Oh and I’ve just checked Paypal, they also don’t do transfers to dollar accounts.
April 12, 2009 at 4:53 pm
PayPal will attempt the withdrawal to a dollar account pero it will fail and you will be charged $30.00 for return fees. A transfer will only be successful if your dollar account is actually in the US.
Reason: Each paypal account is programmed to withdraw funds according to the currency of it’s designated country. So pag withdraw sa dollar account mo the bank will reject it kase PHP ang denomination. Pero kung US bank ang nilagay mo, their system will recognizes this and will transfer it in USD. Personally, it think it’s because paypal wants us to have to go through their conversion rates dahil dagdag kita sakanila yun. The add a 2.5 spread over the exchage rate quotes kaya!!
January 15, 2010 at 2:29 pm
Kung meron kang dollar account dito sa Pinas then pag register mo sa paypal United States and inilagay mo instead of PH. Successful ba ang pag withdraw?
Meron akong dollar account sa RCBC, Ni register ko sa paypal in PH then pag withdraw ko it has been denied after couple of days. I tried it again then it is still denied. My bank account has been denied 2 times.
December 10, 2010 at 9:17 pm
hello po.first time user po ako sa eon at sa paypal.Now nawithdraw ko na po yung pera ko from paypal to eon.ang ginamit ko po yung withdraw to card instead na withdraw to bank from the phils.how long would it take para mag appear sa eon ko yung pera in your experiences?tsaka anu po pinagkaiba nung withdraw to banks in the phils at withdraw to card?Need info pleasssssssseeeeeeeeeeee.Thanksssss!!
April 6, 2009 at 11:35 pm
I have not tried “withdraw to card” option but I’ve witnessed other people getting it longer – around a week or so. It will take longer if there are bank holidays in between, such as this holy week (I am also affected with the delay too).
I’ve written a post, not long ago, explaining the difference of these two: Withdrawing Paypal Funds: Should I Choose “Withdraw to Bank†or “Withdraw to Cardâ€?
April 12, 2009 at 2:19 pm
“However, there are no enough writeups to see satisfied and dissatisfied users (I found only one through Google), so it is safe to assume that there are less people who opted to try out this feature.”
Hi Gem, remember me? I actually tried chikka’s i$end. It worked! Please check out my blog post regarding this http://desktopsanddiapers.wordpress.com/2009/04/13/alternative-ways-to-withdraw-money-from-paypal-chikka-iend/ I also started a blog so I can share my online experience.
Cheers!
crystal´s last blog post..Alternative Ways to Withdraw Money from Paypal: Chikka i$end
April 13, 2009 at 8:40 pm
Moved my blog to http://desktopsanddiapers.blogspot.com/
crystal´s last blog post..Alternative Ways to Withdraw Money from Paypal: Chikka i$end
April 15, 2009 at 4:21 am
I sell at eBay International since 2006. Since PayPal was not yet offered to the Philippines that time, I use Xoom for my transactions. The charge was pretty high though and I was forced to split the charge with my buyer just so they can pay me. It worked for me until PayPal finally opened their doors here.
ark´s last blog post..Swine Flu Face Mask Designs
May 2, 2009 at 8:00 pm
I used to reload my smart money using Paypal, however they are not supporting this feature as of post time. I have tried emailing their customer support but I have received no reply to any of my notes. I guess they have abandoned this service already.
July 7, 2009 at 9:56 pm
Thanks for sharing. I have yet to see a very good customer support within our country when it comes to getting Paypal funds. Even Paypal withdrawal to any local banks are even a pain to some people. I am quite hesitant to try out new methods because of many of these services offer poor customer support.
July 19, 2009 at 11:10 pm
hi there, i just wanted to ask.. is it possible that i can transfer directly my money from paypal to my smart money? coz paypal had verified it….
November 9, 2009 at 2:37 pm
Nope, only cards with visa logos can be used for withdrawals, why would you want to do that though, may 250php fee kaya to withdraw to a card. Mag EON ka, since it comes with it’s own bank account number, withdraw mo dun, enroll mo sa mobile baking, and then request for the transfer of funds from eon to smart money, naiwasan mo pa yung 250 na charge
January 15, 2010 at 2:33 pm
I was looking for a post months before about this particular topic, kaya lang wala akong nakita…This is valuable information for those starting their paypal accounts. Cheers.
.-= Jena Isle´s last blog ..Bookshop and Reading =-.
November 19, 2009 at 8:54 pm
You cannot withdraw to smart money cards. You can only withdraw to a card if it has a VISA LOGO.
I can answer ANY question anyone may have about PayPal for very small donations.
January 15, 2010 at 2:07 pm
i have verified my paypal account using my smart money. Natransfer q na pera q last wed pero til now wla paring laman smart money q. How long pla matransfer ung money sa smartmoney account q?
September 24, 2010 at 7:27 pm
Hi, i just have a question…Since i am new user of paypal..I linked my EON at paypal and gladly it was successfully verified, the problem is i have my money pending now on paypal,coz i haven’t decide yet where to withdraw it..It’s either “WITHDRAW TO MY ACCOUNT” or “WITHDRAW TO MY CARD” I’m just wondering what’s the difference between the both,(except the deduction when i withdraw..LOL) If ever i choose to withdraw it to bank account is it possible for me to withdraw my money to ATM? or i need to get direct to UBP branch to withdraw my money? I’m really confused..:( I’m a first timer user of paypal and bank account…Hope you response ASAP! THANKS
February 6, 2011 at 2:23 am
thank you paypal na recieved ko na funds sa paypal using my smartmoney
here is the details
varified na ako nyan bago ako naka withdraw using paypal click ninyo lang withdraw money from bank input ninyo smartmoney n# ninyo at bank code .bank name 2 days lang recieved ko na agad
Transaction details
Withdraw Funds to a Bank Account (Unique Transaction ID # 7JV07369W66127211)
Total amount:
-P13,026.00 PHP
Fee amount:
P0.00 PHP
Net amount:
-P13,026.00 PHP
Date:
Mar 5, 2011
Time:
09:18:32 GMT+08:00
Status:
Completed
Subject:
Bank Account
Transfer to:
BANCO DE ORO (Confirmed) x-5110
March 9, 2011 at 12:00 am
Tulong Poh’ ano gagawin ko dati pag withdraw ko paypal to my smart money almost 5 days lang…..ok na.
Ngayon last April 14 nag withdraw ako hanggang nyayon wala pa april 27 na..
please advice….
April 27, 2011 at 6:15 pm
hello.,.,.,im a big fan of yours,..,.,been reading your blog entry since last 3 months.,.,.,im wondering how can i transer funds to my paypall acount without any credit cards ,debit cards, or any cards on the line?.,.,what other option can i have?.,.,im also a start up web designer .,,..,needing help.,.,.,pls.,.,.,help me .,.,god bless.,.,!!
May 12, 2011 at 9:38 am
Hi, just want to ask if I can fund my pay pal using smart money/
May 17, 2011 at 4:15 pm
Hi there, this is bugging me for a long time. Just like the others here, i’m planning to open a dollar account so i can put my withdrawals in PayPal in the dollar account. I emailed PayPal and they answered naman. Di daw yun pede na kesyo may Laws daw sila na sinusunod about sa money transferring. Is there other way that i can withdraw the money in PayPal in Dollar monetary?
TIA!
May 20, 2011 at 2:39 am
Hi Gem, question here…Is Western Union Gold Card considered as a debit card? If yes , will it be possible to transfer Paypal funds to this type of Card/Account? Thanks…
July 1, 2011 at 5:53 pm
hello. i hope someone can help me.
i have a small amount at paypal.ph. i wish to withdraw the amount but i don’t have credit card or debit card.
i only have a saving account in bdo and it is already recorded/saved/attached in my paypal account.
can i withdraw the amount w/o the these cards?
Gbu!
randy
October 10, 2011 at 5:03 pm
Hi Gem,
Your site is really very helpful especially regarding odesk.
Now, I just want to ask: Can I withdraw my odesk balance using LFT (payment method) directly to my eon account(unionbank).? One of my co-agent had told me that she can withdraw her funds using her BDO card via LFT payment method.
Thank you.Hope you can help me with this.
Ellen
October 27, 2011 at 9:21 am
paano po mag pasok ng pera sa paypal? tnx sa reply.
November 9, 2011 at 4:11 pm
i have question? meron ako friend i dont know what is the country i for got, pero nag padala siya ng pera by paypal sabi niya print ko ung paper na nag papatunay na nag padala siya ng pera tapos withdraw ko any bank, but ng mag punta ako ng banko di ko ma withdraw ung pera kasi hinihingian nila ako ng control no# paano ko malalaman kung meron ba oo totoo na nag padala sa akin ng pera? pls answer my question,,, thank you!!
November 21, 2011 at 10:40 pm
hi gem…ung smart money ko nka direct banking sa bpi,can i withdraw my money directly from bpi?im a new user of smart money
January 18, 2012 at 11:25 am