Good news pinoys! Now Paypal Transfers directly to your bank!

put it in the bank! - yes, and we can be sure for now! glad it finally came..
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 (25475)
• 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
• 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^_^
@rsa101 (23711)
• Philippines
29 Jan 08
That is great news but I do not know if my Paypal account is still active at the moment.
• 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
@rsa101 (23711)
• Philippines
31 Jan 08
Good news I was able to update my account I though it was long inactive but its still active. :)
• Philippines
31 Jan 08
yepey! thats great!
@MH4444 (2161)
• United States
30 Mar 08
I am confused. What is this for? How is it utilized?
1 person likes this
@MH4444 (2161)
• United States
30 Mar 08
Bump
1 person likes this
@rdurusan (624)
• Philippines
4 Feb 08
Hi,vehaileairu i want to pay in the internet but i can not because paypal don't accept my atm card,can i use paypal philippines to do this.
• 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
• United Arab Emirates
30 Jan 08
This is really informative. Should appreciate your effort in putting up this info. Regards
• 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
• 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.
1 person likes this
• Philippines
30 Jan 08
they still require credit card, but we still can use it even without the credit card^_^
1 person likes this
@123456_ (1053)
• 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
• 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
@wisedragon (2330)
• 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.
• Philippines
30 Jan 08
i know you can fix it soon^_^ take care.
@Roxenne (73)
30 Mar 08
That`s relly nice from you to give us this information. I am not ready for payment yet, but it is a good new for the future. Thank you!
1 person likes this
@jengrin (947)
• 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
@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!
@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
@jhazie (340)
• Philippines
30 Jan 08
Oh Thats Great news sis! well I have only Metrobank buty thats ok soon i have new account to BPI. anyway thanks alot for the good news. keep up the good work then..take care!
@unishwetabh (1032)
• 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.
• 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^_^
• Philippines
30 Jan 08
and im a sis^_^ not a bro... hehhehe,,..
• 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.
@jesbellaine (4155)
• 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?
• 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
• Philippines
26 Apr 08
Oh, THANK YOU THANK YOU THANK YOU SO MUCH! Wheewwww... thanks.. got nothing to say but thanks. hehehe
@robert19ph (4584)
• 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?
• 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 (99311)
• 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.
• 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^_^
@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.
• 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^_^
@jpso138 (7863)
• Philippines
29 Jan 08
Thank you very much for the information. I will definitely update my paypal account on this matter.
• 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!
@cefaz_21 (2597)
• 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.
• Philippines
29 Jan 08
yes, and me as well.. just this morning..^_^ thank you for the response..