Wednesday, January 30, 2008

PayPal Balance Transfer to Bank Account Now Available

Bloggers all around Philippines are rejoicing since we are already able to transfer funds to a local bank account unlike before wherein we could only transfer funds to a visa debit or credit card. The good thing about this is that you will not get charge if you will transfer funds above P7,000 unlike in credit/debit cards transfer wherein there is a $5 withdrawal fee. This is a lot of development to us Filipinos because we will have no more reason for not being able to transact business internationally.

Bank Codes of Major Banks in the Philippines

In the Philippines, to complete your PayPal withdrawal, you will need to enter the name of your bank, your bank account number and the corresponding 9-digit bank code, which identifies your bank.



ALLIED BANKING CORP 010320013

AUSTRALIA NEW ZEALAND 010700015

ASIA UNITED BANK 011020011

BANGKO SENTRAL NG PILIPINAS 010030015

BANGKOK BANK 010670019

BANK OF AMERICA 010120019

BANK OF CHINA 011140014

BANK OF TOKYO 010460012

BANCO DE ORO (& EPCIB) 010530667

BANK OF COMMERCE 010440016

BANK OF THE PHIL ISLANDS 010040018

CHINA BANKING CORP 010100013

CHINA TRUST COMML BANK 010690015

CITIBANK N.A. 010070017

DEVT BANK OF THE PHILS 010590018

DEUTSCHE BANK 010650013

EAST WEST BANK 010620014

EXPORT & INDUSTRY BANK 010860010

FUJI BANK 010640010

HONGKONG AND SHANGHAI BANK 010060014

INTL COMML BANK OF CHINA 010560019

INTL EXCHANGE BANK 010680012

JP MORGAN CHASE BANK 010720011

KOREA EXCHANGE BANK 010710018

INTL NEDERLAND BANK 010660016

LAND BANK OF THE PHILS 010350025

MAYBANK OF THE PHILS 010220016

METROPOLITAN BANK & TRUST CO 010269996

PHIL BANK OF COMMUNICATION 010110016

PHIL TRUST COMPANY 010090039

PHIL NATIONAL BANK 010080010

PRUDENTIAL BANK 010150018

PHIL VETERANS BANK 010330016

RIZAL COMML BANKING CORP 010280014

SECURITY BANK & TRUST CO 010140015

STANDARD CHARTERED BANK 010050011

UNITED COCONUT PLANTERS BANK 010299995

UNION BANK OF THE PHILS 010419995

UNITED OVERSEAS BANK 010270189