Paypal Philippine Bank Withdrawal

Paypal recently launched a “Withdraw to Bank Account” Feature for Philippine-based paypal accounts. It is free for withdrawals of Php 7,000 up and a Php 50.00 fee for less than Php 7,000.00, a surefire way to save on fees. According to paypal it is going to take 5-7 business days for money to be credited in your account. I tried it out last January 29, I waited and was a bit anxious because I’ve read of some posts about their withdrawals taking more than the stated timeline. I do have an eon account, withdrawals to eon typically takes 3-4days. So I checked again this morning and after 5 days of waiting, the money I withdrew from my paypal is sitting there in my account and I have a grin on my face.

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February 5, 2008 · Filed Under personal

Comments

2 Responses to “Paypal Philippine Bank Withdrawal”

lady on February 7th, 2008 12:02 am

i did a withdrawal using the withdraw to bank feature as well .. i made it last feb4. its marked completed on feb5. I’m just waiting for it to reflect in my account.. has your money reflected in your account now?

paypal to eon account number right?
tim on February 7th, 2008 4:46 am

Hi Lady. The money was credited to my bank account last February 5. So from January 29 - February 5 that would be 5 business days. For eon, it usually takes 3-4 days for me.