I have been using Paypal since 2011 but I have always withdrawn Paypal money to my Unionbank eon acccount. Lately, I have had some problem with my online account with Unionbank (it appeared like a system error) so I decided to try withdrawing money to my BPI Easy Saver account instead. It worked out just fine 🙂
Reminder: from Paypal’s end, they will deduct P50 if you transfer less than P7K from your Paypal to your bank. Now, from the bank’s end: there are no charges from Unionbank but you will be charged P150 -200 with BPI. As of this writing, I have not tried other banks yet aside from Unionbank and BPI.
Here are the bank codes:
ALLIED BANKING CORP
010320013
AUSTRALIA NEW ZEALAND
010700015
ASIA UNITED BANK
011020011
BANGKO SENTRAL NG PILIPINAS
010030015
BANGKOK BANK
010670019
BANK OF AMERICA
010120019
BANK OF CHINA
011140014
BANK OF TOKYO
010460012
BANCO DE ORO (& EPCIB)
010530667
BANK OF COMMERCE
010440016
BANK OF THE PHIL ISLANDS
010040018
CHINA BANKING CORP
010100013
CHINA TRUST COMML BANK
010690015
CITIBANK N.A.
010070017
DEVT BANK OF THE PHILS
010590018
DEUTSCHE BANK
010650013
EAST WEST BANK
010620014
EXPORT & INDUSTRY BANK
010860010
FUJI BANK
010640010
HONGKONG AND SHANGHAI BANK
010060014
INTL COMML BANK OF CHINA
010560019
INTL EXCHANGE BANK
010680012
JP MORGAN CHASE BANK
010720011
KOREA EXCHANGE BANK
010710018
INTL NEDERLAND BANK
010660016
LAND BANK OF THE PHILS
010350025
MAYBANK OF THE PHILS
010220016
METROPOLITAN BANK & TRUST CO
010269996
PHIL BANK OF COMMUNICATION
010110016
PHIL TRUST COMPANY
010090039
PHIL NATIONAL BANK
010080010
PRUDENTIAL BANK
010150018
PHIL VETERANS BANK
010330016
RIZAL COMML BANKING CORP
010280014
SECURITY BANK & TRUST CO
010140015
STANDARD CHARTERED BANK
010050011
UNITED COCONUT PLANTERS BANK
010299995
UNION BANK OF THE PHILS
010419995
UNITED OVERSEAS BANK
010270189
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