Skip to main content

How Link Your Local (Philippines) Bank Account to Your PayPal Account?

PayPal is the world’s leading alternative for using credit and debit cards directly into internet transactions. It’s also relatively safe since you will not need to expose your credit card number and some important personal information. PayPal is also used for receiving payment online. I remember myself when I applied for an online job; I was required to have a PayPal account. The problem before is no bank here in the Philippines allows direct transfer of funds.

Anyway, that was BEFORE! NOW you can easily add and withdraw funds to your PayPal account using a local (Philippines) bank account. As far as I know, only Unionbank offers direct fund transfer from your credit card or debit account to your PayPal account. It’s very easy, just set up an account with Unionbank. For debit cards, you can either have an e-wallet or an EON account. I recommend EON account since it requires zero maintaining balance and just 350 maintaining fee per year.

How to connect to your Union (EON) Account to Your Paypal Account?

Here are a few simple steps you must do.

1. Log-in you our PayPal account at www.paypal.com

2. Go to the notification section (at the right side).

3. Click on the “Link and confirm your debit or credit card”

4. Fill up the form. Choose “Visa” on the card type section and register your “card number”.

According to Unionbank, it will take up to 5 banking days before you receive your 4-digit security code in your mail. In my case, after 2 days, I called them at (02)84186 and got my security code.

5. After getting the security code, go back to PayPal and enter the code in the form below.


Please take note that PayPal will take 1.95 dollars (200 pesos) upon linking your card. This will be automatically be credited to your PayPal account.

After completing these five easy steps, you can now enjoy the convenience of PayPal. Enjoy!

Comments

  1. Thank you for this thread. Pinoys working in some PTC sites told me that this is the one they use instead of others.

    ReplyDelete
  2. Just received my check for $500.

    Sometimes people don't believe me when I tell them about how much you can earn by taking paid surveys online...

    So I show them a video of myself getting paid over $500 for participating in paid surveys to set the record straight once and for all.

    ReplyDelete
  3. The website is looking bit flashy and it catches the visitors eyes. Design is pretty simple and a good user friendly interfacefriv free online Games
    Jogos 2019
    friv for kids Games

    ReplyDelete

Post a Comment

Popular posts from this blog

How Much Does a MRI Scan Costs in the Philippines?

My dad recently needs to have a Magnetic Resonance Imaging (MRI) scan for his prostate problem. So I made a little research on how much does it cost to have one. Well, turns out, it depends on many factors such as which part of the body is to be scanned. There's also this technique called "MRI with contrast" wherein the patient will be injected with a chemical to make the scan clearer. For your information this technique of adding contrast is know as Gadolinium Contrast Medium . It adds cost to the procedure but with more clarity, the more you can trust the diagnosis. MRI Machine KasugaHuang , CC BY-SA 3.0 , Link So, in my father's case, we had a Prostate MRI and I assume it's without contrast since he was never injected with the "contrast" chemicals. We got it in i-Scan Healthcare Inc here in Quezon City. The cost is 13000 Pesos . Please take not that the amount was just for the scan and the result will be read by a separate professional. Some la

4 Steps to Replace Stolen or Lost Passbook

My passbook (inside my bag) was recently stolen inside a local grocery store and I would like to share the steps I took in order to secure my account and get a new passbook. The steps outlined here is for a BPI savings account but generally the procedure will be very similar to other banks in the Philippines. 1. Call the Bank to Secure Your Account The first and the most crucial step you need to immediately do is to contact your bank either through phone or personally reporting it to the branch where you opened the account. This will ensure that no funds will get out. The bank will lock the account immediately. The big banks have 24/7 hotlines. For BPI, it's 89-100. You have to do this step ASAP after discovering the lost. 2. Go to the Branch to Ask for Replacement of Passbook This can be a simple replacement of the lost passbook but it can also mean closing the entire account and opening a new one for security purposes.

Resigning? SSS Will Deduct Your Loan Balance from Your Last Pay

The purpose of this article is to inform the public about this policy of the Social Security System (SSS), the government-owned insurance company for those employed in the private sector. I just learned about this a few months ago when my company announced a workforce reduction program. Among the sad discussions is about this policy of SSS regarding loans in cases of resignation or retrenchment. Section G-2 of the SSS Loan Terms and Conditions (at the back of the loan application form) explicitly says the following: "The employer shall deduct the total balance of the loan from any benefit/s due to the employee and shall remit the same in full to SSS, in case the member-borrower is separated voluntarily (e.g., retirement or resignation) or involuntarily (e.g., termination of employment or cessation of operations of the company)." In other words, y ou will be required to pay the rest of your loan (including the interest) when you change employer or employment statu