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 There are corresponding fees applicable depending on the how small or how large the amount to be withdrawn.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.

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To those Filipinos who are taking out cash from Paypal to any Philippine bank account, I hope you find this tip useful. I’ve actually been saving a lot from doing Paypal to Smart Money transfer. The only amount I have to pay is at least P2.50.

Smart Money

In case you are not aware of Smart Money, it is the blue ATM card that Smart Buddy subscribers can avail. Getting cash this way is secured: even if I get to lose either the cellphone or if the Smart Money card gets lost, a PIN is required first before those funds are accessed. Separate PIN numbers are issued for the cellphone and the Smart Money card.

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