Paypal fees when withdrawing to BPI, BDO, Unionbank accounts

When withdrawing funds to a Philippine bank account, there is NO CHARGE if the amount withdrawn is at least P7,000.00.You therefore save on fees if you withdraw P7,000.00 or more.

If withdrawing less than P7,000.00, Paypal charges P50.00 per transaction.

Additional Bank Charges on Withdrawals

Local banks, however, also charge fees which further reduce the amount to be received by the user.

Banco de Oro (BDO), for instance, charges P200.00 to P250.00 on every Paypal withdrawal to a BDO bank account.

The Bank of the Philippine Islands (BPI) charges P150.00 to P200.00 for every withdrawal transaction to a BPI bank account.

Take note of these fees because most Paypal tutorials do not mention these charges which surprise users when they receive a less than expected amount to their bank accounts.

Most withdrawals to bank accounts get processed within 2-4 banking days.

Fees and Charges when Withdrawing Paypal to Debit or Credit Card

Withdrawals to a debit or credit card are charged $5.00 withdrawal fee per transaction by Paypal. For non-US dollar accounts, Paypal uses the prevailing exchange rate at that time.

For UnionBank’s EON cardholders, take note that the EON account is actually a debit card so it falls under this category and not under “Bank Account”, which means the withdrawal charges are different from the fees previously mentioned.

There are no additional fees charged by banks but if the withdrawal request contains incorrect information, the transaction will not be processed and users may be charged a $10.00 return fee by Paypal and possibly additional charges by the bank.

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40 thoughts on “Paypal fees when withdrawing to BPI, BDO, Unionbank accounts”

  1. I’ve been using Paypal for a while now, used to have a debit card with bdo, however needed to transfer to Unionbank for their Eon card. Does bdo fully support Paypal transfers already?

  2. I’ve been using paypal for almost 2 years just for accepting web development payments and use Unionbank EON account to withdraw. All I can say is withdrawing money from paypal is not free. I notice that the currency rate is always deducted by 2pesos (e.g. current currency rate is:$1 = 44.5 PHP) when you withdraw it in paypal you get $1 = 42.5 PHP.. So if you widraw $500 you are paying 1,000 pesos for that withdrawal. 

    1. Section 3 (“Additional Fees”) of Exhibit A – Fees has been amended as follows:

      The Currency Conversion Fee for Users in Bhutan, Cambodia, China, Federated States of Micronesia, Hong Kong, India, Indonesia, Japan, Korea, Laos, Malaysia, Maldives, Mongolia, Nepal, New Zealand, Philippines, Samoa, Singapore, Sri Lanka, Taiwan, Thailand, Tonga and Vietnam, when sending a Personal or a Commercial Payment, has been changed as follows:

      The Fee depends on the currency into which the amount is converted, as listed in the table below and is added to the exchange rate.Currency:Fee:Argentine Peso:4%Australian Dollar:4%Brazilian Real:4%Canadian Dollar:3.5%Czech Koruna:4%Danish Kroner:4%Euro:4%Hong Kong Dollar:4%Hungarian Forint:4%Indian Rupee:4%Israeli New Shekel:4%Japanese Yen:4%Malaysian Ringgit4%Mexican Peso:4%New Zealand Dollar:4%Norwegian Krone:4%Philippine Peso:4%Polish Zloty:4%Singapore Dollar:4%Swedish Krona:4%Swiss Franc:4%New Taiwan Dollar:4%Thai Baht:4%Turkish Lira:4%U.K. Pounds Sterling:4%U.S. Dollar:3.5%

  3. hi i have pending remittance from US they told me i cant get through paypal, they requesting for my paypal email addres, how can i get one?

      1. Does it mean that I can withdraw money from BPI even my paypal is unverified? Huhu. I only want is to receive money tho

    1. It is possible for you not to verify your Paypal and withdraw but the amount you are able to withdraw is only limited according to Paypal’s terms. It is also much safer to verify your account because this would verify Paypal that you personally own the account.

  4. i dont understand, i already add my bank account but i cant withdraw my funds. they are asking my debit/credit card confirmation, i dont have credit cards

  5. Babbes_redulla3705

    its been more than a year, i dont know why UnionBank  cannot process my withdraw from my paypal, i dont know whats the problem of my account in UB. anybody can help me? thanks in advance,,,,

  6. Withdrawals from paypal can take up to a week or 5 business days before it will reflect to your Eon account.

    If you don’t want to wait for 2-5 business days withdrawing your Paypal funds to your Eon account, I recommend using Peso Exchanger. check out their website.

    1. actually it does mention about additional charges from banks. It’s stated in the withdrawal fees section of PayPal.

      .. “Your bank may charge additional fees.”


    Withdrawing cash from your PayPal account will incur a lot of charges and will take 2-4 days (not counting weekends & holidays). Sometimes you need instant cash from your account and you don’t know where to go.

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  9. EON does not charge on withdrawal or atleast P50 if you fall under 7K amount. That’s it, no hidden charges but what I do not like, 2-4days (days fall under regular working days except holidays)

  10. Hi, I’ve been withdrawing money from paypal to BPI for years already. But just last week, paypal denied my withdrawal. Paypal said it’s because of Invalid Bank Account Information. I did not change anything. How did this happen? I’m charged of $10 because of the refund. Can someone answer my question? I’m really disappointed.

  11. Is BDO still accepting withdrawals from PayPal? I understand they are no longer affiliated but as far as I know BDO should still process withdrawal from PayPal as receiving bank. Am I correct?

    1. Hello, Yuri. PayPal newbie here, too. BDO still accepts withdrawals from PayPal. PayPal charges you Php50 for withdrawals less than Php7,000. BDO also charged me Php200 for my withdrawal. I tried withdrawing Php500 because I was worried about making a mistake, and indeed, I only received Php250 in my BDO savings account. Less Php50 from Paypal and less Php200 from BDO. I guess it’s better to withdraw in large amounts. Hope this helps.

  12. i am using eon card and tried to withdraw from 10k to 88k and it charge me 250 every transaction.. I am really confused now, I link my eon card on debit/credit card because everytime i link my eon account on the bank account it only says it cannot process.. anyone here knows the reason why?? need help.. 🙁

    1. the same for me. every transact from paypal to my eon debit card charges 250. and as far as i know our eon debit card is not bank acc on paypal. they go to credit card section. you can add bank account unless if you have Land Bank acc idk if the same goes to BPI and BDO.

    2. I”m using Eon card to withdraw my Paypal earnings and I only get charged P10 per ATM withdrawal. I got it linked to Paypal as a bank account although the Visa logo is displayed on the eon card.

  13. Hi guys i have a savings account from bdo with a card that has mastercard logo in it… should i link it on bank account or in debit/credit card?

  14. I use PayPal to GCash, and it’s been the best method of transfer (real-time and no fees) for me, at malaking tulong talaga for freelancers.
    (I got myself a GCash MasterCard so I can withdraw via ATM. For Php150 lang, pwd na mag order ng card via the GCash app and wait lng ng delivery).

    Instant yung PayPal to GCash transfer (just use the app). Free na din ung ATM withdrawal sa GCash (hindi ako sure if may deductions if more than twice in a month ka na nag withdraw. So far sa case ko, thrice na ako nakapagwithdraw and walang ATM withdrawal fees).

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