PayPal to Philippines

PositiveSum
New Community Member

Has anybody sent payments or remittances to the Philippines yet?  I am having a problem with the requested Routing Number.  For example, Bank of the Philippine Islands (BPI) only has an 8-character Swift Code not a 9-digit Routing Number and PayPal rejects this 8-character Swift Code.

 

HELP!!

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9 REPLIES 9

bibbi
New Community Member

warning to all, paypal is not friendly to the philippines. They do not warn you of all the pitfalls that they have.  Especially very few banks in PI can be used. BE CAREFUL  

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BFleming
New Community Member

Do you know which Philippines banks do/don't work with Pay Pal. We're trying to transfer funds to Philippine National Bank and getting error messages when trying to register the bank account.

 

 

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walkjp1
Contributor
Contributor

I`m having the same issue trying to connect my account to BDO Philippines.

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GWM
Contributor
Contributor

I also need to know which Banks in the Philippines will accept Transfers from PayPal.

 

My friend there has an Account with BDO.

After sending him money, he NOW tells me that BDO will not accept a transfer from PayPal...

He said that Union Bank will make transfers. I told him to ask there and open an account with them.

 

What about ECheck. Can he request and Echeck on his PayPal Account and deposit in at BDO??

 

Thanks!!

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walkjp1
Contributor
Contributor

Finaly got a list of all the bank codes for the Philippines. Now our BDO account works fine.

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

LAND BANK 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

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GWM
Contributor
Contributor

Thanks for the Bank codes.

So does my friend there just make a Transfer from this PayPal Account to his account at BDO by using their code? 010530667

This is a Personal transfer, not a Commercial one.

We are both new to this.

I used XOOM before for Money Transfers, but they have increased the minimum you can send to the Philippines from USD25 to USD50. GRRRRRR!!

 

 

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walkjp1
Contributor
Contributor

First he has to enroll his bank account to his paypal account, and then the transfers are easy. You would transfer from your paypal to your friends paypal, and then he would tranfer to his bank.

 

www.davaoproperties.com

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GWM
Contributor
Contributor

HUM, now PayPal creates another delay.

My friend has enter his Bank Code and Account Number, but when he trys to transfer money from PayPal to his Bank, he gets a New Requirement.

He must first enter a PayPal Code for a Withdrawal they have made from his Bank Debit Card.

PayPal says this is for "security" purposes. And is required to increase his Account Limit from ZERO!!!

And they say the money will be credited back after he enteres the Code.

But if the money is in his account, why do they do this???

Since he cannot access his Debit Card Account online, he must wait for his Statement or go the Bank. Another 4-5 Days. Soon I think he will be past his 30 limit to withdraw money from PayPal Account. And they will get to keep it.

What a PAIN!!!

 

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walkjp1
Contributor
Contributor

With Banco De Oro we have access to everything online. Paypal made a couple of small deposits (not withdrawls) to our account, something like 2 pesos each. And we just had to verify that the deposits were made to connect the account. No Proplems

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