How to Withdraw via Paypal in Philippines

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How to Withdraw via your Paypal account in Philippines? Log into your PayPal account then go to My Account :arrow: Profile :arrow: Add or Edit Bank Account then :arrow: fill in the Bank Name, Account Number, and Bank Code.



Here’s a list of the official Bank Codes of Major Banks in the Philippines:



ALLIED BANKING CORPORATION – 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 PHILIPPINE ISLANDS – 010040018

CHINA BANKING CORPORATION – 010100013

CHINA TRUST COMMERCIAL BANK – 010690015

CITIBANK N.A. – 010070017

DEVELOPMENT BANK OF THE PHILIPPINES – 010590018

DEUTSCHE BANK – 010650013

EAST WEST BANK – 010620014

EXPORT & INDUSTRY BANK – 010860010

FUJI BANK – 010640010

HONGKONG AND SHANGHAI BANK – 010060014

INTERNATIONAL COMMERCIAL BANK OF CHINA – 010560019

INTERNATIONAL EXCHANGE BANK – 010680012

JP MORGAN CHASE BANK – 010720011

KOREA EXCHANGE BANK – 010710018

INTERNATIONAL NEDERLAND BANK – 010660016

LANDBANK OF THE PHILIPPINES – 010350025

MAYBANK OF THE PHILIPPINES – 010220016

METROPOLITAN BANK & TRUST CO – 010269996

PHILIPPINE BANK OF COMMUNICATION – 010110016

PHILIPPINE TRUST COMPANY – 010090039

PHILIPPINE NATIONAL BANK – 010080010

PRUDENTIAL BANK – 010150018

PHILIPPINE VETERANS BANK – 010330016

RIZAL COMMERCIAL BANKING CORPORATION – 010280014

SECURITY BANK & TRUST CO – 010140015

STANDARD CHARTERED BANK – 010050011

UNITED COCONUT PLANTERS BANK – 010299995

UNION BANK OF THE PHILIPPINES – 010419995

UNITED OVERSEAS BANK – 010270189



These are the steps to follow to withdraw funds to your local bank account:



Step 1: Log into your PayPal account. Click the ‘My Account’ tab and then click the ‘Withdraw’ sub tab.



Step 2: Select the ‘Withdraw funds to your bank account’ option. For Philippine users, withdrawals equal or more than PHP 7,000 are free. For withdrawal amounts of less than PHP 7,000, there will be a fee of PHP 50.



Step 3: Select the bank account and amount to withdraw.



Step 4: Confirm the transfer.



WARNING: Make sure your bank information is correct or else your withdrawal will be returned and a fee amounting to 250 pesos will be charged.

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