How to Transfer Money from Paypal to BPI Account: Easy Guide!
I mentioned on my previous post that I used to have a freelance job and earned 4,000+ pesos. For three months I spend my weekends doing the extra job but ended it because my client doesn’t pay me on time. Oh well that's the drawback of being a freelancer.They send me their payments thru Paypal and a week ago I withdraw my earnings on my BPI ATM card. If you are wandering what are the steps that I did, you can follow these simple steps below. Let's start first on connecting Paypal to BPI account:
1. Log-in to your paypal account; Move your mouse cursor to “Profile” and click the “Add/Edit Bank Account” in the drop down menu.
Bank Name: Bank of the Philippine Islands (BPI)
Bank Code: 010040018
Account Number: (Your BPI Account Number is the 10 digits at the back of your ATM card.)
When I withdraw my money I put the 16 numbers in front of my BPI ATM card and a representative of the bank called me to confirmed my transaction. They told me that I put the wrong account number instead of the 10 digits at the back of my ATM card. This is a bonus tip for you all.
Now that you successfully connect your Paypal to BPI the next step is withdrawing your funds:
1. On your PayPal account page, click “Withdraw” then “Withdraw funds to your bank account”.
2. Enter the amount or the available balance you have in your Paypal account then click "Continue". Review the amount and bank account details to make sure it’s correct. Click the "Withdraw Funds" and you're done!
Note: There’s a deductions from Paypal and BPI; 50 pesos and 150 pesos for the latter.
Isn't it simple?! I hope you follow the steps with ease. If you have any questions leave a comment below and I will do my best to answer it. Hehe.
