How to Transfer Money From PayPal to BPI
A lot of Filipino Paypal users may not realize this, but they can turn their PayPal funds into physical cash by transferring it to their local bank. The only thing stopping them is the concern that the transfer may not be successful or that an error may occur which may lead to the possibility of the money being lost in cyberspace. This article contains step-by-step instruction on how to safely transfer money from PayPal to Bank of the Philippine Islands (BPI), a local bank here in the Philippines.
Here is what you can expect to learn from this Paypal to BPI transfer guide:
- How to withdraw PayPal funds to BPI
- How to verify and fund your PayPal account using BPI
- Tips, things to remember, and requirements when withdrawing PayPal funds
It is also important to note that the steps mentioned here apply only to BPI. While the steps may also be somewhat applicable to other local Philippine banks such as Metrobank, BDO, Unionbank, etc., there will likely be many differences in those processes as well. For instance, the bank routing number (9 digit bank code), number of processing days, processing fees, etc. mentioned here apply only to BPI.
Lastly, since we are on the topic of withdrawing money, I will also briefly discuss some of my methods for depositing or transferring money into my Paypal account.
Requirements for Withdrawing From Paypal to BPI
Before withdrawing PayPal funds to a BPI savings account, be sure that you have the following requirements:
- The correct bank routing code, also called the 9-digit bank code (please be advised that this is not the same as the card number or the account number).
- The registered name with PayPal must match with the one on the bank account.
- The bank account must be active and working.
- Your PayPal account must be verified.
- The savings or ATM account to which money will be transferred to must first be added to your PayPal account (see steps below).
Once the above requirements are accomplished, the user may now proceed with the funds transfer.
Steps to Link a BPI Savings Account to PayPal
- Log in to your verified Paypal account.
- Click the Profile menu which is part of the “My Account” section.
- A drop-down box will appear. Choose “Add/Edit Bank Account.”
- Fill in the necessary information about your BPI savings (ATM) account.
Note: PayPal funds will be transferred to a savings or ATM account, not your credit card account.
Steps to Transfer Paypal Funds to BPI
Withdrawing funds from Paypal to BPI (or any other local banks for that matter) is relatively easy. The option is easily viewable and accessible once a user logs in to his or her PayPal account.
- Click the “Withdraw" button. It can be found near the “Add Funds” and “History” buttons.
- After clicking "Withdraw," you will be directed to a page where you must choose whether to withdraw the money to a bank account or to a registered PayPal card. For our purposes, we will choose the former.
- After selecting the “Withdraw to Bank" option, you will be directed to the following page (pictured below).
- Be sure to double-check that the important fields are entered correctly. Make sure the amount to be withdrawn and the appropriate bank are selected. Check that the last four digits correspond to the last four digits of your bank account.
- After double-checking the mentioned fields, proceed by clicking on the “submit” button.
As can be seen in the screenshot above, I am withdrawing $290 to my BPI ATM account. Even though it is possible to fund your PayPal account with your credit card, the bulk of my PayPal funds ($290) are coming from other online sources like HubPages, oDesk, and YoHoHoN.
Review Your Withdrawal Information
Before finalizing the transaction, PayPal will ask you to verify again if all information is correct. Below is a screenshot of the particular page.
This is your last chance to edit the transaction. Be sure that all info is correct before proceeding.
Your Request is Being Processed
This screen is the last portion of the transaction. This part will ask you if you want to visit the details of the withdrawal request or if you would like to go back to your account overview page.
Transaction Details
If you choose the first option, here is a screenshot example of what the transaction details look like.
How Do You Know If the Transfer Is Successful?
To know if a PayPal to BPI fund transfer is successful, simply check your bank balance or ask for a copy of the statement balance. By the way, the transaction will fall under the remittance category. As can be seen in the photo below, there is a banking fee of 150 pesos for the transaction.
As you can see in the first picture, the original amount supposed to be given by PayPal has had 150 pesos deducted, and it took three days to process—which is actually relatively fast and hassle-free.
Common Questions About Paypal to BPI Transfers
Is there a preferred time to begin the transfer?
Do the transfer on a Monday. Avoid letting the transaction process pass over a weekend or holiday if possible.
How do you put money into PayPal?
There are many ways to put money into Paypal. My favorite one is the BPI Credit Card.
How can I use BPI credit cards with PayPal?
As mentioned in this article, BPI savings and ATM accounts are mainly used to withdraw money from PayPal. However, BPI credit cards can also be used to:
- Verify a PayPal account
- Make online purchases after it has been linked
- Fund a PayPal account
How can I add, link, and verify PayPal with a BPI credit card?
When you use your BPI credit card to verify your PayPal account, it will automatically become linked to your PayPal account.
Below are the steps on how to do so:
- Log in to your PayPal account.
- Click “Profile” (described in the earlier section of this article).
- Select “Add / Edit Credit Card.”
- Choose the appropriate card type (either MasterCard or Visa).
- Enter the necessary details and follow on-screen instructions.
When the above steps are completed, PayPal will charge you 150 pesos, which will be reflected in the billing statement (this amount will be refunded by PayPal). There is actually a code that must be inputted to finalize linking the credit card and completing the process. The code can be distinguished with the prefix “PP” (this step is also mentioned on PayPal’s instruction page).
More Tips and Suggestions
- Experiment first with a small amount and to see if it will be successful.
- Take detailed pictures (screenshots) of the transaction.
- Use a BPI eCredit Card. (BPI eCredit Card is BPI’s way of dedicating a credit card solely for online purchases. Anyone can get this as long they have a primary credit card.)
- BPI prepaid credit cards can also be used. But when using them, make sure that there is at least a 150 balance on the BPI prepaid credit card.
- To view the statement balance of the prepaid credit card and retrieve the code, the owner must enroll the account on BPI’s online portal or call the customer service number.
- It is actually more advisable to use a prepaid credit card to ensure that you stay within your budget. I put a limit on my eCredit Card to prevent possible insurmountable charges.
Using GCash and RCBC
As of September 2019, it is now possible to verify a PayPal account using GCash and RCBC.
- Verify PayPal Account Using Gcash Mastercard
This verify PayPal account using Gcash Mastercard tutorial will contain comprehensive steps and requirements to successfully convert PayPal unverified status to verified. - How to Withdraw, Link, and Verify From Paypal Using RCBC Bank
This complete PayPal and RCBC Guide includes the easiest way to withdraw Paypal funds to an RCBC MyWallet VISA card and use the same card to link and verify the Paypal account.
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.
Questions & Answers
Based on your experience how long does a transfer from Paypal take to arrive in your bpi acc? I read some people complaining that sometimes 7 days after transfer, still nothing arrived at their account.
Hmmm, that is strange. The longest that I have to wait is 3 days. Sometimes, when I do it at early morning (local time), I would receive it during the afternoon
Helpful 8I am new to using PayPal. I just made an account last week and my BPI account is also just a few days old. I made both accounts for the purpose of receiving payment from my customers (overseas and local). I'm worried that my BPI account isn't link/verified to my Paypal yet since I didn't receive an email about it. How will I know for sure that it's working? If my account is properly linked?
Since both accounts are relatively new, it is possible that the email is in the Spam folder. To recap: You need a BPI credit card (with a Mastercard logo) to verify your PayPal account. To complete the verification process, you will need to supply the Expuse code which will be seen in the BPI credit card's monthly/billing statement.
However, to withdraw PayPal to your BPI, a different account is needed. This is the BPI savings accounts. Basically, you need two types of BPI account to verify your PayPal account and transfer funds from PP to BPI
Helpful 5How can I transfer funds from Gcash to PayPal or BPI to PayPal?
The closest I came to in terms of transferring funds from GCash/BPI to PP is when the latter automatically deducts or charges my linked credit cards when my PayPal balance is zero. Besides that, I don't think there's any other option.
Helpful 4Are you, the writer of this article, linking a BPI Savings Account to a US Paypal or a PH Paypal Account? I can’t seem to link my BPI to my US Paypal.
I think it's a PH PP account since every time I input PP's URL, it adds a .ph suffix
Helpful 3The balance in my Paypal account is in USD. Should I enter the amount in peso when transferring the balance to my BPI account?
It would automatically be converted to pesos. It is only in GCash where changing from USD to PHP before withdrawing is required.
Helpful 3
ACC - anyone can comment even non-members! Comment responsibly!
Hi! When you say “verified” Paypal Account, you mean email-verified? Not necessarily with a linked valid Bank Account or Debit/Credit card? Thanks!
I couldn't transfer my money from Paypal to my Bpi account, even it is linked already. Everytime I made a transaction of transferring my money after 3 days I got a response of :
ACH Withdrawal Denied.
An electronic funds transfer from your PayPal account to your bank account was rejected today for this reason:
Invalid Bank Account Information
Our system was not able to process the transaction with the bank information listed on your account. You should contact your bank regarding the bank account information required for electronic funds transfers. If you still need assistance, you may email us through our secure server at ....
please help me. My BPi account is working.
Do not Use East West Bank when dealing with paypal. They will just absorb your paypal account on some sort of fee.
i already have an existing BPM ATM card, how can i connect or use this to withdraw money from paypal?
Im using a BPI Debit under Familysavings. Can this still be used?
Where do I find the bank routing code? Can it be found in the card?
Hi, is it possible to use BPI savings acocunt (Passbook) not ATM to link with paypal? Thank you for your fast reply.
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How about with no card yet? I only have bank account and still can't add my account.
hi, how much maximum withdrawal amount for BPI? and where can we get that 9digits bank routing code? thank you
how much to open a checking account?
Where can I find the account number in bpi kaya savings? The paypal requirement says that they need 16-digit number and Card Number has 16-digit. Should I put it there even if the asked requirement is an Account Number? Because I don't know where to find it.
Hello.. I connected my paypal to my BPI mastercard last week. The paypal emailed and said that paypal is now connected but when I try to use my BPI card it always says "unable to process". I already talked to the BPI and they said that there is nothing wrong with my account. I emailed the paypal again and they sent me an email regarding a code which they will send to my bank account. It's been 4 days now and I still can't use my BPI card. Any ideas on how I can resolve this problem? Thank you.
Hi! can i use my epay mastercard to link to my paypal to withdraw my earnings from online jobs? tnx
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Hi sir how can i transfer money now from bpi epay mastercard to paypal? is it possible or is it use'd only for withdrawing funds
Hi sir, I transfered money from PayPal to may bpi. It says transfer success but it's almost a Month already and the money is still not transfered to my bpi. Is there something I can do to request a recheck on it.
Does all the account uses 1 bank code? E.g. 010040018 BPI.
Or they have a unique code for every account?
Hello!
I received an email from BPI that my withdrawal was denied due to Invalid Bank Account Information. Hours earlier it said transaction was completed then I received an email that it was denied. All my info are correct for the address because the province name was written twice in my paypal account. I am wondering if this could be the reason and what should be the steps to be done. Thank you so much
Hi there,
I am wondering if you can transfer funds from one debit card to another (BDO debit card to BPI debit card, for instanc)? Both are linked in your PayPal account. I'm thinking of using PayPal as a "bridge" to the two accounts.
Thank you!
I can not withdraw the Paypal Balance transfered to BPI Family savings Bank,because the bank code is incorrect. Please help me to get back my Payment from my customer.
Hi I hope youre still active.
I received an email from Paypal saying ACH Withdrawal Denied Incorrect Bank Information.
When i added a bank account. I only entered my first name and last name cause theres not really a middle name in my paypal account. But when i applied for the bank there is. So im wondering if thats why the reason.
Also, when i linked the bank to my paypal. It says checking. And theres no way to change it to savings.
I hope you can help me. I thought when the transaction is marked completed means it was successful. I was charged a total of 600 pesos because I made two transaction.
Hey yo, where can i see the bank code the 9 digit card?. I'm gonna use an ATM is it possible?
Hi! I Just want to verify if it is possible to receive payment From my Paypal account to a BPI Passbook .
Hi, Is it possible to transfer Paypal funds to a BPI Dollar Account?
Hi, it is my first time to transfer funds from paypal to my bank account. Upon seeing the comments below, the 16-digits should have been used. I entered the 10-digits account number and I am wondering if mattransfer yung fund to my bank account. Transaction made yesterday 09.20.18.Thanks for the help.
Hi, I successfully linked my BPI savings to Paypal, when I WD it was rejected due to "invalid bank info" so I was charged (250p) + (50p)processing fee. Of course I am sure my info matched until I found out that in Paypal my bank shows Checking instead of Savings. There is no option to choose between savings or checking it also didn't ask at first when I am trying add my bank to choose savings or checking, it was set to checking automatically I think that's causing the problem. ANy idea how to change checking to savings? Thanks a lot :-)
I just withdraw my balance in paypal using my BPI debit card the transaction was successful and I'm sure the account details for my card was correct. The said transaction was not able to transferred the balance in my bpi account. Please help, thanks!
Will I not be able to withdraw my funds if paypal is not verified, if not how can I verify my paypal to bpi bank?tia
Is BPI debit card cannot be linked to PayPal account? I tried, however, I'm receiving an error message
hi sir.. what if i will only withdraw 100 pesos from Paypal to BPI. will BPI still charge a 150 pesos fee? and is it ok to use my BPI kaya savings debit card? (i can only afford this one) TIA
can i link my passbook account with paypal?
same problem with Carl Jade Trinidad. What is the csc in my bpi eps debit card. it is color red and it has only 2 digit on the side.
I did not received my paypal 4 digit code its been two months... i have online access on my bank but the code does not reflect on my bank
Are debit cards acceptable to verify the paypal account?
Is Debit Card not allowed?
Can we use/link a bpi accouny that is issued by our employer for our salary? Or does it have to be a personal savings account?
Also, after we do the transfer, can we unlink the account with paypal provided there will be no primary account info left?
Thanks :)
Can I link my BPI Kaya Savings to Paypal?
hello. what is the bank code of BPI EXPRESS TELLER??
Is it ok to use my Kaya Savings acct to paypal?
is it ok if the account used is for (BPI)family savings?
hi sir..... the money withdrawn from my paypal account to my bpi savings account says completed. however after 4 days the money was again sent back to my paypal account? what seems to be the problem? i read it says due to technical problem? i dont understand. the bpi savings account is a corporate account.
It worked, thanks. But in total 200 pesos is the charged. 50 pesos from paypal and 150 pesos from bpi.
Hi, i just want to know if i can withdraw USD to my bpi account without paypal converting it to peso and let bpi handle the conversion? Im loosing a lot of money using paypal currency rates?
Hey! I just want to share my experienced. I hope it can help. You need a two BPI Cards a Debit Card and my e prepaid Card. The Debit Card, You should enroll it first through Bpi express online. Then, you add the my eprepaid card account. After that you need load to link the card to paypal. But they will ask you the 4 digit code to confirm or verify your card link to paypal.
And now I am still waiting for the verification code. I also emailed the bpiexpressonline for a 4 digit code.
Thank you.
Hi, just to clarify. aside from 50.00 charge for transfer fee from Paypal. there's also another charge of 150.00 when the amount was transferred successfully to your bank account? if so, thats double charges already. and stated above, that 150.00 will be refunded by paypal. is that true?
Hi writerjj. I hope you're still active. I'm getting this on my Paypal after I inputted all fields in the Add a Bank Account in the Philippines CORRECTLY: "The bank information you have added is invalid or missing. Please try again. First Name: Please enter only letters, hyphens, spaces and commas." Can you help me? I have no idea what I am doing wrong.
Hi, good morning. I would like to ask what is the account number (1-16 DIGITS) that paypal is asking. because on my BPI Easy Savers Account (BPI Debit Card) it shows at the back-which is the account number only 10 Digits only in this sequence 1234-1234-12... however the card number at the front shows 16 digits but it is the card number not the account and has different numbers too... which number should I use?? thank you.
i just wanted to ask if its possible or does PayPal accept BPI Express Teller International Debit Card, but it doesn't have a Master card or Visa Card logo, but a Cirrus logo instead. Because i have once tried to transfer my PayPal funds to this ATM card but it has been 4 days and there is no money in my bank account. And they also reversed the transaction and sent back my money to my PayPal account. So i'm wondering if they accept this type of debit card. I also wanted to try it again withdrawing my funds to the bank account but i wanted to know those things first because they might charge me 250 pesos if an error occurs again. Thanks and I'll be waiting for a quick response. :)
I added my BPI savings account on my paypal. the description of my account is checking. why? and I cant withdraw. paypal says "there's nothing to withdraw right now"
hi.. where can i get the bank routing code? i tried to transfer fund from my paypal to my bpi, it was not successful... i used the card number of my bpi atm card as advised by bpi staff when i opned the account..
I saw my paypal account that the transaction already complete,but I dont receive my fund yet.may I know how many days it took to appear on my bank account.thank you
I saw my paypal account that the transaction already complete,but I dont receive my fund yet.may I know how many days it took to appear on my bank account.thank you
ow sorry i mean withdraw funds to it, newbie here :)
Can I use my BPI Debit card to connect it to paypal?
Hello! First off thanks for writing this very comprehensive guide.
I've tried to withdraw my funds from PayPal to my BPI but I haven't pushed through with it because the account in the confirmation screen says that it's a Checking Account. Thing is, my BPI account is a Savings Account type. I haven't completed the withdrawal yet as I'm afraid this might cause my money to get lost. Can you please let me know how to change it from Checking to Savings?
Thanks in advance!
Hi What bank name should I write on linking my bank for paypal, because my atm was on bpi family bank. Should I write "Bank of the Philippine Island or Bank of the Philippine Island Family Savings Bank" Im confuse. Pls Help
Thank you
Hello! Just wanna ask why my I can't withdraw funds in Paypal. It keeps on saying "There's nothing to withdraw right now." And the money that was sent to me is "ON HOLD". And on paypal pending activity, it shows "Make sure you add shipping or tracking information. This payment will be in your pending balance until 1 April 2017. It may be available sooner, once we know the transaction went smoothly." I feel worried about this.
Thank you for this, I used it as a guide, I hope my transfers will be successful :)
I know this is late but hopefully you will still see and answer this. I added a BPI bank account in Paypal, I put the card number that is the 16 numbers in front of my atm card unto the bank account. Did I do it right? Or should I put the 10 numbers at the back? I am worried now because I had transferred some Paypal funds on that no. and I don't know if I can cancel or refund it or will it bounce back to my Paypal account. Please help.
hi,
last friday (march 10,2017) i transferred my money from paypal to my bpi debit... but until now (march 16) the money that i transferred was not on my account yet... is there something wrong?
hi,
i tried withdrawing my paypal funds but I cannot click the Continue button. I already emailed Paypal but 1 week has passed and no reply. Pls help
is it possible to transfer my paypal acc to my bpi debit card acc?
The UI of paypal has changed and I cannot find the add/edit bank account. I added a BPI account and it automatically saves as checking account but mine is savings. How will I edit that? Thanks.
Hi Would it be possible to request BPI to expedite the transfer once I have completed the steps through PayPal?
I transfered my money from paypal to BPI and after the 2-4 days. I checked my balance (Balance Inquiry) where should I expect it? In Current or Savings? Just asking coz i'm afraid to lose my money and it's my first time transfering my money
Hi, I was wondering when my BPI account became a checking account in Paypal when it should be a savings account. Are they the same? What could have been wrong? As I linked my BPI, I don't recall it has options if it's a savings or checking or current. If it has, I would have chose savings then. Later did I know as I submitted my withdrawal request then the checking account appeared.
Hi I have a BPI account. I tried to link it to my paypal but I don't know how to verify it. Please help me. I have a BPI ExpressTeller Card
Can i use a bpi savings account to fund paypal and not a credit card?
hi. i transfer my paypal money to my bpi bank account and after 2 days paypal say's completed. when i try to check my balance in my atm. no money added to my bpi acc.
Hello, I link my paypal account to BPI EPS savings card. I transferred my funds last Nov 28 and until now it's not showing in my card. Is BPI EPS an eprepaid card? Do you think I'll get my money for this? Or will it reverse in my Paypal account?
Hi, why does paypal shows my bank account as a checking account when it is a savings account? is there any problem with that?
Hi. I'm about to open a paypal account and one of the info asked is the business name. Is it really important or can I put anything on it or just a dash?
Question why does bpi say they don't have a bank code?
Hi the name of my bank card has my middle name R. Only shall I put it like that as well or the whole word Rico? Ciz at my paypal account I have it as Rico not R. Though at my bank card it's R.
hi, i used my bpi checking account to withdraw funds, but still 7 days, still nothing on my bank account. please help
Hi! I have a card with BPI, and that is the BPI Express Teller card which is the blue card that has the letters "EPS" written on the lower right side of the card. This one has no CVC, but it is a debit card that was given to me upon opening an account in BPI. I am planning to link my BPI bank account to Paypal, since I do not have a credit card. Do you think that my BPI savings account can be used for funding my Paypal account?
Hi. Good morning. I just want to know what kind of BPI bank account for paypal withrawals that i should have get? I hope to hear from you soon. Do i have to tell them that i will use BPI bank account for paypal withdrawals?
Hi. I called the BPI branch where I opened my account and they gave me a different bank code. They gave me the code specifically for their branch where I opened my account. Is that ok to use? Or should I use this one in your post?
Tried Dexter's advise above last night/earlier today. I transferred my Paypal balance to my BPI Easy Savers Account at around 2:30am, but no luck for me (haha) It's now 5:35pm and the transfer is not in my BPI account yet.
Hopefully next week. This is my first time transferring Paypal funds to a local bank account, I'm hoping that it will be successful and will encounter no errors. *crossing fingers*
Do I really need to have a credit card in order to verify my PayPal Account?
Hi! Can I use EPS card to my paypal account?
Hi Sorry I have a newbie question - I used my credit card to purchase online through paypal and the bank alerted me that I have exceeded the budget I had set. What does exceeding the budget mean?
Hi!
This is according to a PayPal Consumer Support Specialist I’ve spoken to.
Your bank account doesn’t necessarily need to be confirmed and it is not necessary as well for you to link a card for bank confirmation. Confirming a bank is only applicable for US PayPal users, for them to be able to pull funds from the bank.
For linking a card, they ask you to link a card for online transactions and payments since the only allowed funding source for your payments are PayPal balance and cards.
For Philippine PayPal accounts, even if your account does not have a credit card, you can still receive payments and withdraw the money to your bank even pay using the money on your PayPal balance.
To verify the PayPal account which will lift your withdrawal limit, that’s the time that they will require to verify your PayPal account by linking and confirming a card.
Hi This is arvilyn. I hope that you can help me here. I withdraw specific amount from paypal to my bank account. I was able to receive confirmation on my email that the amount should be on my bank on Sept 2 but until now i haven't receive it. Please help me I need that money.
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