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whats the best local bank to link with paypal?
) View Listings | Report 15-01-10 12:02 PHT
hi guys i was planning to open up a bank account to link with my paypal account.... can you make suggestions here answering the following categories...

1. initial deposit
2. number of days before i can physically withdraw my money from paypal to my local bank
3. online banking services ( like metrobank direct )
6 replies Date posted Reply #
) View Listings | Report 07-02-10 19:37 PHT 1 of 6
Unionbank's EON card..

it's the official Paypal Partner I think..


1.
2.
3.

i'm not sure with the answers,,hehe wait for somebody else's post. :)
) View Listings | Report 25-04-10 13:03 PHT 2 of 6
union bank din po alam ko. :) i think ito lang naman ang partner ng paypal?

) View Listings | Report 30-04-10 15:26 PHT 3 of 6
Smart Money uses BDO bank, If I was to open a new account I believe I would choose BDO. and Unibank.

) View Listings | Report 08-06-10 07:49 PHT 4 of 6
Yes, that's right. Eon bank ang gamitin mo.

1. initial deposit

mo initial deposit. you just pay the annual fee of P300.
it's also good because you will pay only after the card has been released

2. number of days before i can physically withdraw my money from paypal to my local bank

first withdrawal will take a week the most. Next transactions will be 3 day max

3. online banking services ( like metrobank direct )

yes, there is. http://www.unionbankph.com/

) View Listings | Report 08-06-10 12:02 PHT 5 of 6
UnionBanks EON :) recognized by Paypal
) View Listings | Report 08-06-10 16:54 PHT 6 of 6
bdo is pretty good for that

1. if you like to sell internationally you need to verify your idendity with paypal. the easiest way to do it is with a credit card. but most of us dont have one. a debit card will work not really good coz the minimum charge is like 200 pesos and paypal will try to deduct only 1.99 usd. so the card will be denied. but you can start a listing in the US, for example and it will prompt you to do deposit verification process. its easy and takes only a few days. follow the instructions, you will see its a breeze.

bdo initial deposit is 5000 for a passbook account with an atm card. it will take a week before you get the card

paypal withdrawals will take by my experience about 4 days

you can withdraw right after you receive, but t will take about 4 days before you actually have it.
bdo does onlinebankig as well.
its also the best way to pay for yourebay fees. OTC payment in the bank to paypal or transfer from your bdo account

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