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Withdrawing Paypal Funds to Metrobank Savings Account
Posted by Dianne
on
10:56 AM
in
Bank Transfer
Withdrawing Paypal funds to Metrobank Savings Account is very convenient. I actually sticked to this withdrawal option for 2 years since I started accepting freelance jobs via Odesk. Once you added your Metrobank savings account to Paypal, you can now transfer your Paypal funds. Be sure to enter correct account details as Paypal charges P250 bounce fee.
Waiting time and bank charges are typically what freelancers consider when choosing a bank to link to their Paypal accounts. Even I considered this. However, I wasn't able to find Paypal-to-Metrobank withdrawal reviews back in 2009. I don't want to try BPI and BDO accounts since I learned that they charge around P150-P200 if I am not mistaken. I also heard of Unionbank Eon Card however, there's no nearby Unionbank branch in our area.
I opened a Metrobank ATM savings account which requires P2000 maintaining balance. Withdrawal of Paypal funds to Metrobank only took 3 days. So when I withdraw my Odesk earnings on a Wednesday, I'm sure to have it on a Saturday. This is the usual scenario. There even came a time when I receive my earnings on a Friday morning. Delays also happen especially when there's a holiday between Wednesday and Friday. In such case, I often receive my earnings Tuesday or Wednesday next week.
Withdrawing Paypal funds to Metrobank Savings account also has corresponding bank charges. Metrobank charges P76.70 for that, smaller than BPI and BDO's charge.
Waiting time and bank charges are typically what freelancers consider when choosing a bank to link to their Paypal accounts. Even I considered this. However, I wasn't able to find Paypal-to-Metrobank withdrawal reviews back in 2009. I don't want to try BPI and BDO accounts since I learned that they charge around P150-P200 if I am not mistaken. I also heard of Unionbank Eon Card however, there's no nearby Unionbank branch in our area.
I opened a Metrobank ATM savings account which requires P2000 maintaining balance. Withdrawal of Paypal funds to Metrobank only took 3 days. So when I withdraw my Odesk earnings on a Wednesday, I'm sure to have it on a Saturday. This is the usual scenario. There even came a time when I receive my earnings on a Friday morning. Delays also happen especially when there's a holiday between Wednesday and Friday. In such case, I often receive my earnings Tuesday or Wednesday next week.
Withdrawing Paypal funds to Metrobank Savings account also has corresponding bank charges. Metrobank charges P76.70 for that, smaller than BPI and BDO's charge.
