Withdraw PayPal Funds To Your Bank Account

Procedure for Withdrawing Payments from your Paypal Balance to your UnionBank bank account

1. Once the payment has reflected in your Paypal balance, you can transfer the funds to your UnionBank bank account by using the "Withdraw to Bank Account" feature. You will need your UnionBank account number (12 digits) and the UnionBank bank code (010419995).

2. The transfer to your UnionBank bank account will be completed within 2 to 4 banking days from the date of your withdrawal request. A status report of your withdrawal request is reflected in your Account Overview screen. There is a P50 charge for withdrawals P6,999 and below. Withdrawals P7,000 and above will not be charged a fee.

3. Your funds will be converted to the peso equivalent using the VISA Exchange rate for the day of the withdrawal request.

Step1: Login to your Paypal account Click” My account” tab and then “Withdraw” sub tab

Step2: Select the “Withdraw funds to your bank account option” -See fees involved-

Step 3: Select the bank account and amount to withdraw

Step4: Confirm the transfer

This withdrawal will take 2-4 business days, depending on your bank's policies and holiday schedule.

Note: If your bank information is incorrect, your withdrawal will be returned and a fee will be charged. See the fees table. Additional bank fees may apply. Please contact your bank directly regarding additional fees.