Paypal withdrawal successful

I checked my bank balance online this morning and I was surprised to see that my Paypal funds were already transferred to my BPI account in just 5 days. I initiated the transfer last Monday, June 16, 2008 and got it today, June 20, 2008, fast huh? My last attempt to transfer my Paypal funds to BPI took almost 15 days, so I wasn’t expecting the money to be reflected until next week. I hope future transactions with them will be this quick. The wonders of technology, I can earn online, get paid online and have my money ready at my local bank.

Paypal is by far the most convenient and cheapest way of transferring money. I’ve tried Xoom.com before but their fees are higher than Paypal. With Paypal, they will only charge you with Php 50.00 for withdrawals Php 6,999.99 and below but it’s FREE for withdrawals Php 7,000.00 and up. BPI, on the other hand, charges Php 150.00 for every Paypal transaction. Not bad, what I do is I collect my earnings/funds until it reaches Php 7,000.00 or more to waive the Php 50.00 Paypal transaction fee.

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Comments

  1. Guardian Angel says:

    Congrats, Badet. I am yet find a good bank. However, BPI seem to be have a high transfer fee. I hope I could use my office ATM (RCBC) for my blogging revenue.

    Thanks

    [Reply]

  2. Kevin Paquet says:

    Good that you have transferred your money with ease. BTW, BDO is also a good bank

    [Reply]

  3. KeNeShEa says:

    Wow, that is a good news! I am thinking of using union bank, but if with BPI is faster then probably I would go with BPI since it is nearer. Thanks for the info!

    [Reply]

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