What bank charges small amount when transferring money from Paypal?
August 5, 2010 11:14pm CST
I have an account in Banco De Oro (BDO) and I linked it to paypal so that I can withdraw thru BDO. But the charge is big for me around Php 200.00. I thought the only charge of paypal to be deducted is Php50.00 only. But everytime I withdraw, there is a big difference like Php200.00. Do you know other banks which charge smaller than BDO? Thanks!
6 Aug 10
Unionbank's eon card would be a better option. The bank has friendly options regarding transferring money from paypal. You just have to comply with the minimum limit that allows you to transfer with no charge.But then if you can not comply with it only a mere 50 pesos charge on withdrawal P6,999 and below. Above P7,000 no charged fee.
6 Aug 10
I already have a Unionbank EON account/card, but not yet Paypal verified. But I guess, it is a good option compared to other banks, because Paypal partnership is one of the primary focus of Unionbank Retail Banking. I have seen it in their website, they even have Paypal linking/verification guide there.