I tried transfering my PayPal Funds to my Unionbank EON Cyberaccount and last October 14, 2008. It says the transfer will take 5-7 days and at the exchange rate of 1 U.S. Dollar = 45.8456 Philippine Pesos. I did not check my EON account since I was very busy last week. I remembered checking it today and indeed the funds were transfered to my EON cyberaccount.
Withdrawing funds to your bank account in the Philippines is free for P7,000.00 PHP or more, P50.00 PHP for P6,999.99 PHP or less. Just make sure you entered the correct bank information otherwise a return fee of P250.00 PHP will apply, and your bank may charge additional fees. For my transaction with Unionbank EON I did not notice any amont being charge except for the P50.
At least now I don’t have to worry how to withdraw my income from online rakets. If you are also planning on earning extra cash online, I suggest you sign up for a PayPal account. It’s the easiest and hassle-free mode of payment for your online transactions. PayPal is now able to send funds to Philippine banks.
Click the link below to sign up to PayPal.
Article by Glady
Glady has a fulltime job but always on the lookout for rakets or any money making experiments to achieve financial freedom.
{ 6 comments… read them below or add one }
congrats on the successful paypal withdrawal! As for me, I don’t have anything to withdraw lately since I stopped doing pp. The remaining amount was spent on domain and hosting.
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Sometimes, when I can’t wait too long for a paypal transfer to my account, I exchange it for GCash from one of my online contacts. He charges a fee, of course, but it seems reasonable. My other paypal withdrawal means is thru Payoneer. I have yet to try a Philippine bank and most especially the EON. P50 huh? Coolness. If I could wait 3-4 days for my paypal cash, I usually do the withdrawal by payoneer, after which I can withdraw at any ATM that accepts mastercard. But more often than not, I can’t wait 3-4 days (or 5-7
) so I go the GCash route. My friend usually sends the GCash equivalent over within 2-4 hours after Paypal transfer.
Oh yeah, congrats! Errr, burger?
Ceb – Well maybe you can withdraw your adsense soon…
May – LOL! It’s that should treat me burger. You earn much bigger than me.
Hi,
This is a very helpful article. Thanks for coming up with something like this. By the way, we’ve got some good news for you. Starting July 23 to August 22 2010, enjoy a 5% rebate on all ebay purchases using your UnionBank VISA Debit Card! Want more? Click this link. http://unionbankph.com/index.php?option=com_content&view=article&id=1840&Itemid=269
If you want to ask for more details regarding EON Card, you can visit our website at http://www.unionbankph.com or you can also visit and be a fan on our facebook.com/unionbankph or follow us on twitter @unionbankph.
We’ll be happy to help you with your concerns:)
Thanks!
UnionBank of the Philippines
Thanks! Unionbank EON is a great help to online workers.