Palpal withdrawal to my BPI account was successful! please see the details below:
Paypal withdrawal date: January 31, 2008.
Bank: BPI
Account Type: Express Teller Savings Account (PHP)
Bank Code: 010040018
I received the money withdrawn above last February 05, 2008. See the screen capture of my BPI express online account.
An amount of PHP150 was deducted from the total amount withdrawn. It might be a transaction fee deducted by BPI. I’m not sure though.
The total deduction from the amount withdrawn is PHP200 (Paypal: 50, Local Bank: 150). Almost the same deduction when withdrawn to UnionBank EON on $US1 = PHP40 exchange rate
Update: Waiting time is 2-5 banking days. Based from my experience, I get my money every Wednesday, whether I withdrawn from Paypal, Thursday the previous week, or Monday the current week. I think they have this sort of clearing time.
And since I keep on receiving queries about BPIExpressCash and BPI Express Account in relation to paypal, I had decided to modify this post to include information regarding this.
Can I use my BPI Express Cash(debit Card) or BPI Express Teller Savings Account to verify my Paypal Account?
As of today, Sept. 23, 2008, NO. for Paypal only accepts VISA Debit Cards. I’m not sure for Credit Cards. (this is from my own experience, please correct me if Paypal rules already changed)
I don’t have a credit card, or I don’t want to use my credit card, what are my other options?
If you are like me who prefer paying things thru cash lol! you can use a debit card to enroll and verify with Paypal.
Well the easiest way is to apply for a UnionBank EON Cyber Account. You can even apply for this online. just check unionbank’s website at www.unionbankph.com
I already have my EON Account, What’s next?
There are two things that you have to do:
A.
1. Enroll your EON account with paypal. This serves as a basic link of your EON account and Paypal. To do this, make sure that you already signed up with paypal.
2. Just follow basic enrollment prompt, and Enter your 16- character card number and Card Verification Value(CVV) -last 3-digit number found at the back of the card.
3. Enter your address of record found in the Profile page at the Unionbankph.com online banking site.
(Source:Union Bank’s site)
Basic enrollment will give you limited options. Your account can also send an amount based on your limit (set by paypal). Withdrawal and Request Money Option are not even possible. To lift your account’s limit, you need to verify your account with paypal. This process is referred to by Unionbank as PayPal’s Expanded Use Program.
B.
1. Make sure you have deposited your EON account with amount equivalent to US$1.95
2. There will surely be an option there to proceed with your expanded use enrollment, so just follow all the prompts.
3. When you register your UnionBank Visa card, PayPal will charge you the equivalent of US$ 1.95 for expanded use. Pay Pal will credit you back the US$ 1.95 amount on your first PayPal transaction. For EON and eWallet cards, your account must be active (In my experience, activation took about 4days, upon receipt of my EON Card) have the equivalent of US$ 1.95 or atleast P200.00 in pesos in order for the expanded use transaction to go through when you first enroll your card (Source: Unionbank Site).
4. You will then be issued a 4-digit Expanded Use Number, How will you know your expanded use number? Since I am discussing about EON here, your only option is to callĀ UnionBank Customer Service Call Center (84-186) and ask the customer service agent to provide you with the 4-digit PayPal expanded use code. Do this as soon as your account has been activated.
5. In my experience, it took about 5days before I got my Expanded Use Number. Just call them back again after several days to follow up on this.
6. Once you have this number, go back to the My Account Overview section of the PayPal web site and click on “Finish Expanded Use Enrollment” to enter the 4-digit number.
7. Upon entering your Expanded Use code, you will receive a confirmation message indicating that your debit/credit card has been verified. Congratulations! Your PayPal account is now verified for Expanded Use.
(Source: Unionbank’s Site)
As a verified user, you will enjoy several additional benefits like local bank withrawal etc. etc.
Now if you wish to withdraw funds from Paypal to your local bank account(s) (aside from your EON account), NO you can’t use your BPI express Cash, But you can use your BPI Express Teller Savings account. For more info on Local Bank withdrawal, you may want to see my post about it here
Hope you’ll find this little info useful
Disclamer: All information stated here are based from own experience, If Paypal and Unionbank’s rule was already changed as of editing thisĀ post, please don’t hesitate to update me
so wait a minute. DO i have to verify my account to be able to withdraw money from paypal? because I don’t have a CC. But i do have a BPI account. Will I be able to transfer funds to my BPI Express Teller Savings AcCT without verifying? HELP pls
You need to verify your account first before the withdrawal limit is lift up
hi!
im having a hard time on my union bank EON account linking it to my paypal. i got my fresh and new Eon last week,with funds in it,and its fully activated.
everytime i try to get verified/link and confirm my debit card, i always get this error
” This credit card has been denied by the bank that issued your credit card. For details on why your card was denied, please contact your credit card issuer’s customer service department. Or, you may want to try adding a different credit card.”
i’ve been calling union bank from time to time,and it seems they cant help me with my problem, anyone know how can i resolve this?
ive been checking from time to time,but the error still comes out, i really dont know how to fix this,if anyone encountered this problem and knows how to resolve it,im humbly asking for your help. thanks in advance and God bless
I received the same message before, when trying to link my EON with paypal, but that time, my card was still new, I just waited for a couple of days, and everything went ok.
Hello po miss amy,
Ask lng po ako if paano po mag verify ng paypal account using ung blue mastercard ng bpi.. Cos nagtry po ako then ung reply sa akin eh nireject daw ng Bank ung transaction ko. I called BPI then sabi ng Agent dun is mali daw ung naenter ko na security code….
Confused lng po ako, kac sinunod ko namn ung instruction na ung 3 last digits sa likod ng card ang security code…
any comment po?
Sorry po late reply.
hmmm.. are you sure you entered the correct billing address as displayed on your statements?
kasi eto medyo critical I think, assuming you entered the basic information required correctly.
To ALL:
I messed up with my comments plug in… sorry for un ordered comments page…
will try to fix this soon…
Hi Amy,
Question po. Anong ilalagay ko sa verification: card type, card number, security code, etc.? BPI Express Teller International ATM Card po yung gamit ko.. Help pls kc i need to receive a payment through paypal. Union Bank is not my option. Thank you!
you can’t use your bank account for verification purposes po…
use a credit / debit account
unless may bago na rule paypal
Hi!
Who can help me please. My money transfer from paypal to BPI express teller was successful and that was last Nov.1,2009. I was expecting to have my money in my BPI account between Nov.4 and Nov.8. After this dates, I began to worry why the money still wasn’t in my account. Only then I realize that the number I encoded upon adding a bank account in Paypal, wasn’t my account number but instead my BANK NUMBER.
My question is, how long will it take for BPI to return the amount taken from my paypal account? Can BPI track where the money went?
Paypal will put it back in your account since the transfer is not successful. there will be a charge for that. You can see how much upon withdrawal.
hello amy,i emailed you to this address admin @ techiegirlonline.com,ask lng po sana…mg open sana q ng account sa BPI po pra mtransfer q un funds ko from paypal,itw as already verified using my payoneer card but can’t withdrw using that card,so i decded to open an account in BPI,debit card po b un kukunin q?hehe….tas add q un card n un sa paypal tas un ok n?what are the fees po sa pg transfer and how long bago mkha un pera?thanks
hi, i have just initiated the confirmation between paypal and my credit card.
Once this is done, I want to withdraw my paypal balance to my bpi express teller. i have already added my bpi info in the paypal website. please advise me of the detailed process on how you were able to withdraw funds from paypal via bpi, after your cc has been confirmed. thanx.=)
Click withdraw -> Withdraw funds to your bank account -> Enter amt -> select the bank you already added –> Follow instructions on the screen
Hi Ms. Amy! I just want to share that I already received my EON card (Cainta branch), as they said 7 banking days and YES! I have it. I was able to withdraw funds from PayPal account. The long wait is over. I am so happy!
Thank you for the replies to my queries. I wish you all the best.
Good to hear that…
I usually get my funds every Wednesday morning.
maybe there are just some problems, you may try to contact paypal
hi, yes I had used my BPI savings account to withdraw my funds from paypal
hello im jonalyn
plsss help!!im using paypal for over 7 month and lagi me nag wiwithdraw evry wed and success naman lagi pero neto lang nag reverse money ko di ko alam kung bakit???makukuha pa bayun???ohhh kelangan ko na gumamit ng bagon card??plsss help!!!!
hi, in the list of bank codes , there is only one entry for BPI which is BANK OF THE PHIL ISLANDS with code 010040018. I dunno if this applies to both BPI and BPI family
ah same account ba yun gamit mo?
maybe you should consider checking with paypal, basically babalik naman sa paypal account mo yung pera, but there is a charge for the unsuccessful transfer