I wanna finish this PayPal series first before I go back to the main theme of this blog which is exploring my beautiful country, the Philippines.
I have told you about adding your BPI Express Teller Account to your PayPal, now let’s transfer funds from PayPal to bank account, shall we?
1. Go to your PayPal Account.
2. Click on “Withdraw” and choose “Withdraw funds to your bank account.” (Note: Free of charge for withdrawals worth P7,000 or more; P50 for P6,999.99 or less.)
3. Put the amount you wish to withdraw and choose the bank account you want to transfer it to.
You will see that your transaction will appear “pending.” Don’t fret, that will change to “completed” after a day or two but you will only see the money reflected in your bank account after 2-4 business days.
Be aware of the holiday schedules too. If you need the money fast, process your withdrawal earlier before you get sandwiched and stalled by a holiday or a long weekend.
I usually transfer funds on a Monday so that by Thursday, it’s already in my bank account.
Hope this helps. 🙂