Previously, I had made a post illustrating that “withdraw to bank” option is cheaper and faster than using “withdraw to card” option in Paypal. Read this post on how to withdraw funds from Paypal to Philippine bank accounts.
If the Philippine bank is not listed, then that bank does not support Paypal withdrawals. Open a new bank account in Philippine banks that support Paypal withdrawals.
SWIFT/BIC codes are different and doesn’t work with Paypal: these are either 8 or 11-digit numbers used to identify financial institutions. These codes are often confused with Paypal codes. Surprisingly, bank customer support ARE NOT AWARE of Paypal bank codes and instead, they give out their bank’s SWIFT/BIC codes that are used in international wire transfers and also with Moneybookers.
BANK NAME
|
9 digit bank code
|
| ALLIED BANKING CORP |
010320013
|
| AUSTRALIA NEW ZEALAND |
010700015
|
| ASIA UNITED BANK |
011020011
|
| BANGKO SENTRAL NG PILIPINAS |
010030015
|
| BANGKOK BANK |
010670019
|
| BANK OF AMERICA |
010120019
|
| BANK OF CHINA |
011140014
|
| BANK OF TOKYO |
010460012
|
| 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
|
| DEUTSCHE BANK |
010650013
|
| EAST WEST BANK |
010620014
|
| EXPORT & INDUSTRY BANK |
010860010
|
| FUJI BANK |
010640010
|
| HONGKONG AND SHANGHAI BANK |
010060014
|
| INTL COMML BANK OF CHINA |
010560019
|
| INTL EXCHANGE BANK |
010680012
|
| JP MORGAN CHASE BANK |
010720011
|
| KOREA EXCHANGE BANK |
010710018
|
| INTL NEDERLAND BANK |
010660016
|
| LAND BANK OF THE PHILS |
010350025
|
| MAYBANK OF THE PHILS |
010220016
|
| METROPOLITAN BANK & TRUST CO |
010269996
|
| PHIL BANK OF COMMUNICATION |
010110016
|
| PHIL TRUST COMPANY |
010090039
|
| PHIL NATIONAL BANK |
010080010
|
| PRUDENTIAL BANK |
010150018
|
| PHIL VETERANS BANK |
010330016
|
| RIZAL COMML BANKING CORP |
010280014
|
| SECURITY BANK & TRUST CO |
010140015
|
| STANDARD CHARTERED BANK |
010050011
|
| UNITED COCONUT PLANTERS BANK |
010299995
|
| UNION BANK OF THE PHILS |
010419995
|
| UNITED OVERSEAS BANK |
010270189
|
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