PayPal Bank Transfers Catch UnionBank Off-Guard

“It’s all about thriving in markets that are smarter and faster than you are. It’s all about being utterly fucked if you don’t know what I’m talking about.” — Hugh MacLeod. First, the good news: PayPal now transfers money to Philippine banks. It’s free for transfers above PhP7000.00, with a transaction fee of PhP50.00 (~$1.23) [...]

PayPal Bank Transfers Catch UnionBank Off-Guard

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Comments

24 Comments (with 3 Conversations) on “PayPal Bank Transfers Catch UnionBank Off-Guard”
  1. Mike Abundo says:

    Maintaining balance is zero, but debit card annual fee is PhP350. Mine took a couple of weeks to get.

  2. webworx29 says:

    This is a good news for us filipino’s specially those whose work rely on the internet. This would reduce the hassles of having to use other payment method like wire transfer or epass other than eon cyberaccount. Just when i thought eon is my best tool, Paypal has just simply made it a lot easier.

  3. jedzlinks says:

    Hi Mike! Thanks for the bank swift codes. I needed it for my Moneybookers Account. Hate Paypal

  4. lady says:

    i just made my first withdrawal -paypal to bank, although i did not have problem looking for the bank code. I hope the transaction is fast now.. i still have pending withdrawal in paypal to my debit card.. it’s been over a week and yet its still pending. Paypal to bank withdrawal is a good alternative.

  5. AlRitch says:

    Nah..too bad i was not reading some of the comments. I only read the post. So, i just withdraw my money from paypal using the one that charges 5 dollars. Oh gossh…i could have save money instead because there was a link already with the bank code for Unionbank. Hmmnnn..next withdrawal, i’ll do it.

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