Withdraw your Paypal Funds to Unionbank EON
After you've verified your Paypal account using either Unionbank EON or SmartMoney and you've earned Paypal funds through my highly recommended online money-making programs or your chosen sites, then, it's time to withdraw your Paypal money to your bank account.
This guide is for withdrawing your Paypal funds to your Unionbank EON account. Click here if you want to withdraw your Paypal funds to a different bank account.
I want to note that there's NO fee when you withdraw your Paypal funds to your Unionbank EON account, unlike other banks that usually charge Php 200 PER withdrawal. That's why I strongly suggest you get your own Unionbank EON card since it doesn't require you to maintain a certain balance monthly. Click here to find out how to apply for a Unionbank EON account.
Link your Unionbank EON card/account to your Paypal account.
1. Login to your Paypal account. On the Account Overview page, click on Profile and then click on Add/Edit Bank Account.
2. On the next page, make sure you select Philippines for Country since you'll be linking your Unionbank EON account. Fill up the account information completely.
Make sure that the name on your Unionbank EON account is the same as the name on your Paypal account. Otherwise, change the name on your Paypal account to prevent any problems. You will be charged Php 250 return fee so be careful.
3. After you click on Continue, you'll be asked to review your bank account information. Make sure everything's correct then click on Confirm.
That's it. Afterwards, you can go ahead and withdraw your Paypal funds to your Unionbank EON account.
Withdraw your Paypal Funds to Unionbank EON.
1. Login to Paypal and click on Withdraw.
2. You'll be given the following options. Select Withdraw funds to your bank account.
Take note of the processing time and the Paypal fees.
To explain this further, for instance, you're withdrawing Php 5,000. Since it's lower than the limit for Free withdrawals, you'll only receive Php 4,950 because of the Php 50 charge for withdrawing less than Php 7,000. If you ask me, that's okay since that's the only amount you'll be paying when you use Unionbank EON. For other bank accounts, you'd be paying about Php 250 or higher, including the bank transfer fees.
IMPORTANT NOTE:
* Unionbank's MINIMUM withdrawal limit is $10.00 (about Php 500).
3. On the next screen, select the bank account that you're going to use (if you haven't added your Unionbank account yet, it will ask you to fill up the form), then, simply enter the amount you would like to withdraw. Then, confirm the transfer.
4. Wait for the funds to reflect on your Unionbank account. Usually, it takes about 5-7 banking days before it will be transferred completely to your Unionbank account. Check your balance on Unionbank CyberAccount.
5. Once your funds have been transferred completely, you can go ahead and withdraw your money at any Unionbank ATM or even from other bank ATMs. However, please take note of the following fees:
1st and 2nd withdrawal from Unionbank ATM - FREE
You'll be charged a withdrawal fee of Php 10.00 from your 3rd withdrawal onwards.
Non-Unionbank ATMs - from Php 12.00 or even higher
IMPORTANT NOTES:
* Unionbank EON card works as an ATM card so the maximum DAILY limit for withdrawals is Php 20,000. If you want to increase this, inquire at the Unionbank branch where you applied for your Unionbank EON card.
That's it! Now, you can enjoy using the money you've earned online for your shopping or however you want to use it. Enjoy the money you've earned online!
Share with me how much you've already withdrawn from your Paypal account by posting a comment below. I'd love to hear other people's success with making money online.
