Good news pinoys! Now Paypal Transfers directly to your bank!
By vehaileairu
@vehaileairu (2286)
Philippines
January 29, 2008 1:20am CST
Hi guys, if you ever wonder, whats this bank code for the transfer of earnings from your paypal to your very own bank account... heres the list!
Finally all our earnings here in mylot shall be safely transfered to our banks..^_^
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
LANDBANK 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
I sure hope this helps.. take care everyone!
4 people like this
28 responses
@mimpi1911 (25464)
• India
29 Jan 08
Hi vehaileairu,
That was a great information to share. Its a very good move from Paypal's part to actually do it, it was long due. Last year in December, I have had transfered 100$ from Paypal to yo my ICICI bank account in India and they only charged me 50 INR, which is very less. For 200$ they would not charge any fee, I am being told.
So, have great fun here on internet.
*cheers*
1 person likes this
@vehaileairu (2286)
• Philippines
29 Jan 08
hi mimpi^_^ yup, and in our condition, for 7000 pesos there is no charge..
they charge in only 50 pesos..
as usual you always share good things to me^_^
@vehaileairu (2286)
• Philippines
29 Jan 08
oh,... i was not using paypal for 6 months.. and just last year, december, i checked and still recalled my password.. so i finally logged in, and thankful my account is still there.. thanks for the response!
2 people like this
@erminiasanjose (1588)
• Philippines
30 Jan 08
Thanks a lot but does this mean that credit card is no longer necessary? For if still it is, then this is not advantageous to me because I have credit card. Then I understand that there is still verification which is not easy if we do not have the required documents.
@vehaileairu (2286)
• Philippines
30 Jan 08
they still require credit card, but we still can use it even without the credit card^_^
1 person likes this
@vehaileairu (2286)
• Philippines
4 Feb 08
i think, they only accept credit cards and not atm^_^
im not sure, but thats what i read about paypal.. credit cards..
take care!
1 person likes this
@lavenderbloom (1057)
• United Arab Emirates
30 Jan 08
This is really informative. Should appreciate your effort in putting up this info. Regards
1 person likes this
@vehaileairu (2286)
• Philippines
30 Jan 08
thank you... i just wanted people from philippines to know they can earn well now.. and not to worry whats the bank code i informed it already^_^
take care!
1 person likes this
@123456_ (1052)
• Philippines
30 Jan 08
that's a great news. since when paypal is available here in the philippines? is it safe if i allow to transfer fund to my bank account? can you guys give me info on how to have a paypal account? thanks! good post by the way
@vehaileairu (2286)
• Philippines
30 Jan 08
paypal is been around few years, made available for philippines just last year.. just this month, they made the transfering to bank available as well..
we cannot transfer cash in paypal from our banks only receiving payments.
but we can use credit cards for our paypal, to verify the account, but we still can use it, with or without credit card.
hmmm... we can open an account by visiting paypal.
www.paypal.com
take care!
1 person likes this
@fake_you (391)
• Philippines
31 Jan 08
hey! thanks for the wonderful information. At least now we can guarantee our money's safely transferred to our bank accounts. This is a very good news to all the Filipinos here in MyLot!
@unishwetabh (1031)
• India
29 Jan 08
Nice post you got over here bro. I m also excited and happy about it. But i wanted to know one thing. Can we transfer the money from our bank accounts to paypal account??
I really wanna transfer it but dont think that there is any such possibility.
@vehaileairu (2286)
• Philippines
30 Jan 08
i as well really wished to put money in my paypal.. i got so many sites to pay by this method..
but sadly only US citizen can do that, they can put money..
where as for us, we can if we will use credit card.. which i dont patronized.. take care^_^
@unishwetabh (1031)
• India
30 Jan 08
hehehe.....sorry bro, oops i mean sis. Apologies from my side. But damn i hate it so much that i cant put on my money in paypal. I hope some day they start of this facility in our country too.
@wisedragon (2325)
• Philippines
30 Jan 08
Thanks for the info. So is it better than moneybookers?
Unfortunately I've already been paid by mylot to my moneybookers account but I didn't meet the minimum amount of $14 in order to withdraw that money. That means my next payout from mylot will have to go to moneybookers, before I can switch to paypal, so that the money I already have in moneybookers won't be wasted.
1 person likes this
@jengrin (944)
• Philippines
18 Mar 08
Thanks for that info. My paypal is already active, in fact I already transferred my mylot earnings to my paypal account. But I didn't transfer it yet to my bank account because my bank is not included in the list? Can I still transfer my money to my bank account?
1 person likes this
@wrangel15 (1443)
• Philippines
31 Jan 08
This is really good news. I know that many Pinoys are waiting for this time. :)
1 person likes this
@mauier113 (688)
• Philippines
29 Jan 08
Oh thanks to you for sharing this to us. I hope I still could retrieve my paypal account that has not been active. I ysed to receivemy payments here from e-gold. Anyway, thanks.
@vehaileairu (2286)
• Philippines
29 Jan 08
yes, and i was an e-gold fan back then..
but receiving money is really hard for peso..
we have to convert the gold to the pinoy gold exchange, then sell it and get it for transfer in each bank.. i did it only once and i swear it was really inconvenient ..
take care^_^
@cefaz_21 (2596)
• Philippines
29 Jan 08
yes! that's really good news..and just this morning I finally added my bank details to my paypal account and am hoping to receive my mylot payment there come 15th of February.
@vehaileairu (2286)
• Philippines
29 Jan 08
yes, and me as well..
just this morning..^_^ thank you for the response..
@robert19ph (4577)
• Philippines
26 Apr 08
This is a very good information. If this works, I don't have anymore problem with payment processors. I am using moneybookers here at mylot and I have $15 in my account. There is a fee of about $2 to tranfer the money to my bank account and so far I have not tried it yet.
Have you tried tranferring your money from paypal to you bank account? Did it work? How much they charge?
@vehaileairu (2286)
• Philippines
26 Apr 08
according to paypal they will charge us 50 pesos for transfer less than 200 dollars.
it will 5 days to take one whole week for the transfer.
i havent tried it yet. but,
my cousin did receive his from other site then transfer paypal to his bank account in metrobank.
take care robert^_^
@youless (112123)
• Guangzhou, China
29 Jan 08
I hope it's true, thanks for your sharing. In the past I asked Paypal and they old me they would charge me USD35 so that I can withdraw the money from my account. That's so expensive. If now it can transfers money to my bank account without charging me any fee, then it'll be great.
@vehaileairu (2286)
• Philippines
29 Jan 08
yup... we are now like the rest like india, malaysia etc..
the rule is below 7000 pesos, they will charge 50 pesos per bank transfer..
and if its above 7000 pesos, its free..
just try to check your paypal, take care^_^
@jpso138 (7851)
• Philippines
29 Jan 08
Thank you very much for the information. I will definitely update my paypal account on this matter.
@vehaileairu (2286)
• Philippines
29 Jan 08
your welcome, im glad to share this to all pinoys.. we waited for this.. for so long.. and its here now.. take care!
@jesbellaine (4139)
• Philippines
26 Apr 08
Thank you for the information!
I have been looking for METROBANK bank code since my bank is metrobank... Do you have any information? 
@vehaileairu (2286)
• Philippines
26 Apr 08
at first i said how come metro bank is missing??
then i researched, found out the real name of it is Metropolitan bank!
METROPOLITAN BANK & TRUST CO - 010269996
@jesbellaine (4139)
• Philippines
26 Apr 08
Oh, THANK YOU THANK YOU THANK YOU SO MUCH!
Wheewwww... thanks.. got nothing to say but thanks. hehehe
