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Tuesday, September 22, 2009

Paypal Bank Codes in the Philippines




It's been awhile since I last did my Tech Tuesday post. I'm trying to catch and make up with you guys so here I am! ;)

Anyway this week will all about PayPal and PayPal in the Philippines. Yes, you read that right, PayPal now works in the Philippines.

Not so many years ago I remember having to maintain my US account to keep a PayPal account which I always use for most of my online transactions, thank goodness now I can do it with my local accounts in the Philippines.

If it's your first time here and you are asking the question how, well very simple!

First off, you need to open an account at PayPal.com. Now to transfer funds to Paypal as well to withdraw from it, you need to add your bank account to your PayPal account. This is very easy if you have a credit card or debit card. You can make payments through PayPal that easy...but then if you have funds that you need to withdraw, comes the problem because they only transfer to a Visa card or savings/checking account. To do this you need a PayPal Bank Code.

This PayPal Bank Codes are needed for you to add your savings/checking account to your PayPal...and please take note this is the usual "routing number" that we use for our checking accounts to make online payment. This is another code!

Let me share with you below the list of official PayPal Bank Codes...but please before you make any fund transfer, it will not you any harm to call your bank and confirm. At least you have the CODE ready to lead your bank into understanding that you are looking into PayPal Bank Codes and the routing number as what happened to me when I first asked my bank.

List of PayPal Philippines Bank Codes


Bank Name 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 (& EQUITABLE PCI BANK) 010530667
BANK OF COMMERCE 010440016
BANK OF THE PHIL ISLANDS (BPI) 010040018
CHINA BANKING CORP 010100013
CHINA TRUST COMML BANK 010690015
CITIBANK N.A. 010070017
DEVT BANK OF THE PHILS (DBP) 010590018
DEUTSCHE BANK 010650013
EAST WEST BANK 010620014
EXPORT & INDUSTRY BANK 010860010
FUJI BANK 010640010
HONGKONG AND SHANGHAI BANK (HSBC) 010060014
INTL COMML BANK OF CHINA 010560019
INTL EXCHANGE BANK 010680012
JP MORGAN CHASE BANK 010720011
KOREA EXCHANGE BANK 010710018
INTL NEDERLAND BANK 010660016
LANDBANK 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 (PNB) 010080010
PRUDENTIAL BANK 010150018
PHIL VETERANS BANK 010330016
RIZAL COMML BANKING CORP (RCBC) 010280014
SECURITY BANK & TRUST CO 010140015
STANDARD CHARTERED BANK 010050011
UNITED COCONUT PLANTERS BANK 010299995
UNION BANK OF THE PHILS (UBP) 010419995
UNITED OVERSEAS BANK 010270189

To add a savings/ checking account to your PayPal, log in to PayPal, go to My Account > Profile > Add or Edit Bank Account then fill in the Bank Name, Account Number, and Bank Code.

That's it for my Tech Tuesday! Happy online banking... ;)


2 comments:

Thom said...

Great information. Thanks for sharing.

Vinz said...

I had a hard time understanding the paypal..

:)