I am Ayel, a 20-year old physics teacher. I am passionate about learning new things. My interests include: writing, music, photography, digital art, and road trips.

Updated from Internet cafés, this blog is an account of my journey as young man in search for the true essence of life and happiness. This features my encounters with little miracles along the way.


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Sunday, August 24, 2008
Made My First PayPal-to-Bank Account Withdrawal

IT'S AMAZINGLY good. I never thought that it would be successful. I expected that my money would be returned to PayPal. But no, I checked my bank account yesterday and the fund I transferred from PayPal was there!

I had a problem last time about withdrawing my PayPal funds because I can't use my credit card for some reasons. As a verified user, I can transfer funds into my bank account. (Take note, you have to be a verified user before you can withdraw through a Philippine bank. Being verified means you have added a card into your account. You also have to know the PayPal code for your bank. Google it, keyword: "paypal bank codes". Haha.)

It takes about 5-7 days to transfer fund into a bank account. That's about the same length of time in withdrawing via a debit or credit card (I think, it's about $3.00). However, withdrawal through card costs much. Meanwhile, bank withrawal only costs Php 50.00, that's less than a dollar for amounts less than Php 7,000.00. In cases where your funds have to be returned to PayPal, you have to pay an additional fee of Php 200.00.

I expected than there would be extra charges but there was none. It really made me glad. Next time, I would be withdrawing through my bank account again. Hurray to PayPal!


ariel scrached his head at 10:05 pm and poof, here's a post!

 

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