Can we really transfer Paypal funds to Banco de Oro account?
October 24, 2009 2:13am CST
Hello fellow Mylotters! I'm quite confused about different information I see online about transferring Paypal funds to a Banco de Oro bank account? I've been searching in google if it's possible or not. Some claimed that it's possible (and the bank code was provided as well). But some claimed that Paypal denies verification of BDO account. Can somebody please tell me if this is really possible or not? :) If not, I guess I have to open an account with a different bank that supports Paypal. Thanks much!
24 Oct 09
..They do.. my account is Banco De oro.. When I got my first payment here in mylot, I transferred it thru paypal to banco de oro.. you read the terms and conditions of paypal.. all you need is your account number.. then wait for 5-7 days and you will receive your money..
24 Oct 09
Wow! That's good news to me! Thanks! :) Are you still actively using your BDO account to transfer funds from Paypal? I just started this month with money incentive websites and I have not received any payment yet. Hehe.. But I'm trying to have my Paypal account ready so that I can easily transfer funds by the time I can withdraw my earnings. What drives me nuts is when I called their Hotline last month. I was told that BDO is no longer a Paypal accredited partner. The reason why I called is to ask for the bank code. And that was the response I received from their Customer Service Representative. But I see some posts online from people saying that they can still use their BDO account to withdraw Paypal funds while some are being denied.
7 Jul 10
Yes, it is possible to send money from Paypal to Banco De Oro and to many other banks in the Philippines that is why Paypal announced the Philippine bank codes they recognize. Take note that each banks have their own policies and service rates. I heard BDO charges PhP 200.00 for every transfer.