Paypal Withdrawal to BPI Bank Account

I just want to announce that I had successfully withdrawn my Paypal fund to my BPI bank account! This is my first withdrawal transaction to a Philippine bank account so I am really excited.

Paypal to BPI Withdwal Details

Paypal withdrawal date: January 31, 2008.
Bank: BPI
Account Type: BPI Express Teller Savings Account (PHP) (Savings acct. not the debit card)
Bank Code: 010040018

I received the money withdrawn above last February 05, 2008. An amount of PHP150 was deducted by BPI from the total amount withdrawn.

The total deduction from the amount withdrawn is PHP200 (Paypal: 50, Local Bank: 150). Almost the same deduction when withdrawn to UnionBank EON on $US1 = PHP40 exchange rate :)

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 Based from my experience, I get my money every Wednesday, whether I withdrawn from Paypal, Thursday the previous week, or Monday the current week.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 day/time.

Since I keep on receiving queries about BPI ExpressCash and BPI Express Account in relation to paypal, I had decided to modify this post to include information to answer these questions:

Can I use my BPI Express Cash(debit Card) or BPI Express Teller Savings Account to verify my Paypal Account?

As of today, NO.  If you don’t have a credit card, you can use Unionbank EON Cyber account to verify your paypal account.

Disclamer: All information stated here are based from own experience, If Paypal and Unionbank’s rule was already changed as of editing this  post, please don’t hesitate to update me :)

I received the money withdrawn above last February 05, 2008. An amount of PHP150 was deducted from the total amount withdrawn. It is the transaction fee deducted by BPI.

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160 Responses to Paypal Withdrawal to BPI Bank Account

  1. jannah says:

    Hi, i just applied for a bpi express teller savings account today. next wk ko pa makukuha. talaga bang magagamit mo ‘to to withdraw paypal funds? verified na yung account ko, gusto ko lang isure kung pwede ba gamitin tong bpi atm to withdraw the funds.. ngtry kasi ako ng smart money, pwd lang pala for verification..

  2. ampel says:

    hi miss amy please tell me howto usemy bpi account to paypal?

  3. bajoy says:

    hello po i have already account in paypal
    first i tried to attached my debit card number in my bdo atm debit card,not successful.
    then ngayon nag open na nanaman ako sa bpi
    yong atm debit card possible na kaya na makuha
    ko yong funds ko sa paypal account ko? pls i need help!

  4. arnie says:

    Ms. AMy, ask ko lang po yung bank code po ng bpi eh iisa? uniform lang sia?
    paypal kc charged ng 100php. para ma verify yung info..
    gmit q bpi expresse tweller. so i guess hindi po ito pwede i associate sa paypal ko. thanks

  5. Reui says:

    Hello po, may problem po kasi ako,
    magkaiba po kasi ung embossed numbers at ung printed numbers sa card ko, alin po ba doon ang gagamitin ko sa pag add ng bank account ko sa paypal?
    Thank you po

    sorry po baka spam, parang di napupublish eh

    • Amy says:

      I dont have my bpi atm anymore.. but basically gamitin mo yung account number na ginagamit mo kapag mag dedeposit ka po sa account mo.. also double check kung pwede yung BPI Family bank..
      mine was BPI

  6. jethro octava says:

    hi pwdi bang gamitin ang bpi account to withraw in paypal help me po

  7. Diana says:

    hello po, so mas maganda ung eon card kung icocompare mo na 200 vs 90 charge fee? sulit naman db po? ^_^

  8. Katrina says:

    Hi. Thanks for this very helpful info. More power to your website.

  9. dawn says:

    Thanks for the info, Ms. Amy. I doubt if the fees for these withdrawals can be avoided so I’m just going to ask, if I want to go with the transaction with the LEAST fees, should I go with BPI or EON to withdraw from Paypal? How much is BPI charging now? I don’t have EON yet so I’m researching also if it’s worth the trouble to get that or do I have to to save on fees? My Paypal is already verified with my credit card. I’m thinking also that BPI may be charging only if transfers are from Paypal ($) to BPI peso account. If I transfer to a dollar account, baka walang charges. Sorry to bombard you with the questions, I just didn’t find the answer on BPI’s site, and maybe you can answer with your experience on this. Thanks!

  10. flint28 says:

    Automatic bang mababawas sa balance mo sa paypal yung amount na na-withdraw mo? nag withdraw kasi ko tas may confirmation naman from paypal pero di nabawasan yung balance ko. ganun ba talaga yun? First time ko kasi mag withdraw sa paypal.

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