Since I have used my UnionBank account to receive PayPal funds for as long as I can remember, I was pleased to learn that I can also transfer funds from PayPal to my BPI account. While I am content with my UnionBank EON account, I am pleased to learn that PayPal users in the Philippines now have a variety of withdrawal options. Instead of relying on a single account to receive my PayPal funds, I can now move my money between two different bank accounts.
You've come to the right place if you want to learn how to move money from PayPal to BPI. I will instruct you on how to link your BPI account with PayPal and transfer or withdraw funds from PayPal to BPI.,'_com-medrectangle-3','ezslot_5',191,,_('div-gpt-ad-_com-medrectangle-3-0');
How to Link BPI to PayPal Before you can transfer money to BPI from PayPal, you must first link your bank account to PayPal.
Remember that only a bank account with the same registered name as your PayPal account can be linked. This means that your friend's or anyone else's bank account cannot be linked. Additionally, your PayPal account must be verified. Learn how to verify your PayPal account by reading this article.
Linking only takes place once. You can make as many withdrawals and transfers as you want after linking your BPI account to PayPal.300,250],'_com-medrectangle-4','ezslot_6',192,,_('div-gpt-ad-_com-medrectangle-4-0');
Navigate to your PayPal account and select ""Wallet"" from the menu bar at the top.
As can be seen in the screenshot below, select ""Link a bank.""
Please provide the following bank details:
Choose ""Bank of the Philippine Islands"" for the bank's name. Bank Code: 010040018 is the BPI bank code. After selecting a bank, this field will be filled in automatically. Number of Account: Enter the number of your BPI account.
After making sure that you have entered the correct BPI account number, click ""Link Your Bank.""
Enter the code that will be sent to your mobile number for security. '_com-box-4','ezslot_7',193,,_('div-gpt-ad-_com-box-4-0');
Voila! PayPal is now linked to your BPI account. Transferring funds from PayPal to BPI is now possible.
PayPal can also be linked to your BPI debit card. On the PayPal wallet page, simply enter the information about your card by clicking ""Link a Card.""
Transferring funds from PayPal to your BPI debit card is possible, but the fee is 1% instead of a fixed amount. When compared to bank transfers, which can take several days, debit card transfers can be completed in minutes.
How to Move Money from PayPal to Your BPI Account Now that you have a PayPal account linked to your BPI account, it is time to move money there. On the PayPal summary page, select ""Transfer Funds."" 300,250], ""_com-banner-1,"");
Select the bank from which you want to send the money. ""Bank of the Philippine Islands"" is the name in this instance.
To continue, select ""Next.""
Enter the sum you wish to transfer. Before transferring the funds to your bank account, PayPal will convert the foreign currency to the Philippine peso, which is the local currency.
For transfers under 7,000, there is a $50 fee. Transfers of at least 7,000 yen are free.
To continue, select ""Next.""
Check the details of your transfer. You can see the estimated number of days until the money reaches your BPI account, the conversion rate, the fee for the transfer, and the amount transferred in Philippine pesos.
To proceed with the transfer, click the button labeled ""Transfer (amount) Now.""
The transfer of funds is currently being processed. The transfer details will be sent to you via email. This email should be kept because it contains the transaction ID, which could come in handy if you need to contact PayPal support.
Your BPI account will be credited with the funds within two to four business days. Therefore, the funds ought to arrive between Tuesday and Thursday of the following week if the transfer was made on Friday.
As can be seen, transferring funds from PayPal to BPI is as simple as 1-2-3. To convert your PayPal funds into cash, there are no complicated steps you need to take. The only drawback is that the money won't show up in your bank account until a few days later. You can, however, link your BPI debit card and transfer your PayPal funds to it if you require the money immediately. After that, the cash will reach you within minutes. ,,'ezslot_16',196,,_;
Call the PayPal customer service number at +1-402-935-2050 if you have any issues with your PayPal transfers.
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