PHil. Banks link to paypal

Possible Methods of Withdrawing PayPal in the Philippines

Method/Service Possible to Withdraw? Fund Transfer Type

UnionBank EON/eWallet Yes Deposit to bank account (ATM)

Citibank Visa Yes Cash Advance or Over-payment Cheque

Citibank MasterCard Yes Cash Advance or Over-payment Cheque

HSBC Visa Yes Cash Advance

Standard Chartered Visa Yes Cash Advance (?)

Metrobank Visa Yes Cash Advance

EPCI Bank Visa Electron Yes Deposit to bank account (ATM)

Xoom.com Yes Deposit to bank account or Cash Pickup

Chikka.com Yes Load credits convertible to cash (?)

Scriptlance.com Yes Withdrawn as e-gold convertible to cash

ATM cards w/o Visa/Mastercard logo No -

BDO Debit card w/ Mastercard logo No -

BDO Mastercard No -

ChinaTrust Visa No -

Globe G-Cash No -

Each method is explained in detail below.

More details in the discussion thread How to withdraw funds from Paypal Philippines.

UnionBank EON or eWallet Debit card - POSSIBLE

Citibank Visa Credit card - POSSIBLE

According to Gameshogun.ws, payments are considered “Cash Advance” which incurs additional fees and monthly interest charges. Alternatively, an “Over-payment Cheque,” which has no fees and interest charges, can be requested from any Citibank branch.

Citibank Mastercard Credit card - POSSIBLE

HSBC Visa Credit card - POSSIBLe

Standard Chartered Visa Credit card - POSSIBLE

Metrobank Visa Credit card - POSSIBLE

According to Gameshogun.ws, funds appear as a Cash Advance or Payment to a credit card balance.

Equitable PCI (EPCI) Bank Visa Electron Debit card - POSSIBLE

Confirmed in a post on the eBay.ph forum although nodules reported that her EPCI card does not have a CVV Number. Biske suggested that the CVV be requested directly from EPCI.

Xoom.com - POSSIBLE

Be warned that PayPal sometimes put a limit on accounts that use the Xoom withdrawal method. Read more about Limited PayPal accounts here.

Latest Update: according to Jericho, Xoom has now prohibited intra-Philippines transfers “until further notice.” The buzz is that PayPal does not want a non-affiliated middle-man such as Xoom to be part of the withdrawal process.

Chikka.com - POSSIBLE

According to writerservices: “Sa chikka, within minutes andyan na pera mo. Mahal nga lang in the long run kasi $7 per Php 5,000 ang kaltas (Using Chikka, your money is available in just a few minutes. However, it gets expensive in the long run because the fee is $7 for every P5,000).”

2slick shared that Chikka first verifies a new user’s identity and that the amount to be transferred can only be in certain denominations.

Biske added that Chikka can only accomodate Smart Money transfers.

Scriptlance.com - POSSIBLE

The process may seem complicated at first glance because PayPal is initially withdrawn as e-gold then converted into cash.

2slick explains how the process goes: a deposit must first be made to a Scriptlance account and the balance is withdrawn as e-gold. Received e-gold funds are then converted to cash through e-currency exchangers such as PinoyGoldeXchange.net. Expected total lead time for this process is 4 days.

Bank ATMs and Debit cards without a Visa or Mastercard logo (e.g., BPI ExpressCash, BDO CashCard,Citibank CitiCard) - Almost Always NOT POSSIBLE

If your card does not have a Visa or Mastercard logo, it probably does not support PayPal withdrawals. To confirm, try it in PayPal. Let us know if it works.

BDO Debit card with Mastercard Electron logo - NOT POSSIBLE

BDO Mastercard Credit card - NOT POSSIBLE

ChinaTrust Visa Credit card - NOT POSSIBLE

Globe G-Cash - NOT POSSIBLE

G-Cash cannot be used in PayPal because it is neither linked to any bank account nor affiliated with Visa or Mastercard. The absence of a physical card also makes it impossible to get a Card Number and CVV Number, things necessary to successfully attach a card in PayPal.