How to Transfer and Withdraw your PayPal Fund to your Bank - List of Routing Code

The list of banks here are Philippines based bank, but this guide is also generally applicable to other banks of different countries of origin. It is assumed you have already PayPal account. (If none, follow this link to create one). If you can't find your bank below, ask from your bank, their 9 digit routing code, this is the same code used for fund transfer from bank to bank.

Open up your PayPal account, and click Profile menu, select Add/Edit Bank account, enter the required information being asked ( Make sure the name on your bank account is exactly the same name you supplied in PayPal, otherwise funds won't go thru). You can use any bank account that accepts deposit.

Once done, you may now transfer your fund to your bank account by selecting Withdraw. It would take a day or 2 processing fund transfer. Transferring fund 7K Php and above is free of transaction charge. There is a 50 Php transaction charge for transferring funds below 7K Php. And for failed fund transfer due to wrong/mismatch name on bank account and paypal, or mismatch bank name and code, would be charge 250 Php processing fee.

List of Philippines based bank and corresponding bank code aka routing code.  
  •     ALLIED BANKING CORP--- 010320013
  •     ASIA UNITED BANK --- 011020011
  •     BANGKO SENTRAL NG PILIPINAS --- 010030015
  •     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
  •     EAST WEST BANK --- 010620014
  •     EXPORT & INDUSTRY BANK --- 010860010
  •     LAND BANK OF THE PHILS --- 010350025
  •     MAYBANK OF THE PHILS --- 010220016
  •     METROBANK --- 010269996
  •     PHIL BANK OF COMMUNICATION ---010110016
  •     PHIL TRUST COMPANY --- 010090039
  •     PHIL NATIONAL BANK --- 010080010
  •     PRUDENTIAL BANK --- 010150018
  •     PHIL VETERANS BANK --- 010330016
  •     SECURITY BANK & TRUST CO --- 010140015
  •     STANDARD CHARTERED BANK --- 010050011
  •     UNITED COCONUT PLANTERS BANK --- 010299995
  •     UNION BANK OF THE PHILS --- 010419995
  •     UNITED OVERSEAS BANK --- 010270189
Note: When supplying the name of the bank, a minor mispelling or abbreviation is tolerable. What's important is, you supply exactly the bank code. For instance, I put MetroBank instead of the official name of METROPOLITAN BANK & TRUST CO and was able to withdraw funds.

Original reference:

No comments:

Post a Comment