Good news for Indonesian and Philippine. Paypal is now accepting withdraw to local bank account. All you have to do is add your local bank account. To add your local bank account you must input the swift code and your account number also become a verified PayPal member. To be a verified Paypal member you only have to add you credit card.
For reference of Indonesian bank swift code:
* ABN AMRO Bank: ABNAIDJA
* Hagabank: HAGAIDJA
* Bank Artha Graha: ARTGIDJA
* Bank Bumiputera Indonesia: BUMIIDJA
* Bank Bumi Arta Indonesia: BBAIIDJA
* Bank Buana Indonesia: BBIJIDJA
* Bank Danamon: BDINIDJA
* Bank Mandiri (not Bank Syariah Mandiri): BEIIIDJA
* Bangkok Bank: BKKBIDJA
* Bank Niaga: BNIAIDJA
* Bank Negara Indonesia (BNI): BNINIDJA
* Bank BNP Paribas Indonesia: BNPAIDJA
* Bank Resona Perdania: BPIAIDJA
* Bank Rakyat Indonesia (BRI): BRINIDJA
* Bank Bukopin: BBUKIDJA
* Bank Central Asia (BCA): CENAIDJA
* Deutsche Bank AG: DEUTIDJA
* Bank Mizuho Indonesia: MHCCIDJA
* Hongkong and Shanghai Banking (HSBC): HSBCIDJA
* Bank Internasional Indonesia (BII): IBBKIDJA
* Bank Indonesia: INDOIDJA
* Lippobank: LIPBIDJA
* Bank NISP: NISPIDJA
* Pan Indonesia Bank: PINBIDJA
* Bank Rabobank International Indonesia: RABOIDJA
* Bank UFJ Indonesia (formerly Bank Sanwa Indonesia): SAINIDJA
* Bank Swadesi: SWBAIDJA
* Bank Tabungan Negara (BTN): BTANIDJA
* Bank UOB Indonesia: UOBBIDJA
* Bank Permata: BBBAIDJA
* Bank Maybank Indocorp: MBBEIDJA
* Bank Chinatrust Indonesia: CTCBIDJA
* Woori Bank Indonesia: HVBKIDJA
* Bank Sumitomo Mitsui Indonesia: SUNIIDJA
* Bank Finconesia: FINBIDJA
* Bank OCBC Indonesia: OCBCIDJA
* Bank Kesawan: AWANIDJA
* Bank Commonwealth: BICNIDJA
* Bank Ekonomi Raharja: EKONIDJA
* Bank DBS Indonesia: DBSBIDJA
* Bank CIC International (formerly Bank Century Intervest Corp): CICTIDJA
* Bank Ekspor Indonesia: BEXIIDJA
* Bank Mega: MEGAIDJA
* Bank of China, Jakarta Branch: BKCHIDJA
* Bank Syariah Mandiri (not Bank Mandiri): BSMDIDJA
When you withdraw the money you will receive it on your local currencies and if you want to accept it in US dollars you must have a United States bank account.
The fee are for Philippine users, withdrawals of PHP 7,000 or more are free. For withdrawal amounts less than PHP 7,000 there will be a fee of PHP 50. For Indonesian users, withdrawals of IDR 1.5 million or more are free. For withdrawal amounts of less than IDR 1.5 million, there will be a fee of IDR 16,000.
Note that foreign exchange fees may also apply and your local bank might be adding some fees also for electronic funds transfers.
The usual withdraw method to a Visa debit, credit, prepaid card, or US bank account still applies. For more information you can check Paypal page on PayPal Bank Withdraw
New! Withdraw Your Funds to Your Indonesian and Philippine Bank Account
1 comments:
Anonymous
said...
5:20 AM
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well..there is also moneybookers site where you can withdraw your money to your bank account and it is already working in Indonesia and Philippine and the fees for the withdrawal are very low also.
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franko.
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