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Enrolling Your PayPal Account

Shop online, deliver money, and accept payments by connecting your money and debit card to your PayPal account.

What exactly is PayPal?

PayPal can be a payments that are online where users can

  • Shop while making acquisitions online
  • Forward money with other PayPal users (users is located in the Philippines or abroad)
  • Receives a commission from credit/debit cardholders as well as other PayPal users (users may be located in the Philippines or abroad)
  • Efficiently use their account that is payPal as “digital wallet”

Just how to Start a PayPal Account

Finding a PayPal account is straightforward!

  • Simply join at www.paypal.com and select “Philippines” since the country.
  • Be sure to select “Philippine Peso” since the currency that is primary.
  • PayPal reports are COMPLIMENTARY and it is possible to connect any protection Bank checking or family savings to your PayPal account.

Note: We have actually waived the PHP 200 Inward Remittance Fees on PayPal Transactions.

Paypal for company

Paypal for Shoppers

Connecting Your Money

To link your protection Bank checking or checking account to your PayPal account, follow these steps:

  1. Login in to PayPal
  2. Click “Wallet“
  3. Click “Link a Bank Account” and you will certainly be directed to a form that is short
  4. Enter “Philippines” as your nation
  5. Enter your title – it should match the title on the banking account
  6. Enter “Security Bank” as your bank title
  7. Enter “010140015” as your bank rule
  8. Enter your 13-digit account number* – if you’re maybe maybe not certain how to locate your bank account quantity, click the link.

*Note that checkbooks and declaration of reports may mirror an account number that is 12-digit. In case the account quantity has 12-digits, include a 0 at the start of the quantity.

How to locate Account Figures

You will get your 13-digit account quantity by checking online banking, the mobile application, your declaration of account, your checkbook, or your passbook if you should be enrolling a banking account

Particular declaration of reports and checkbooks may reflect a 12-digit account quantity. Include a 0 at the start of the 12-digit quantity to arrive at your 13-digit account quantity.

  • On The Web Banking
  • Cellphone App
  • Checkbook
  • Passbook
  • Statement of Account

Linking Your Debit Account

To connect your safety Bank MasterCard debit card* to your PayPal account, follow these steps:

  1. Login in to PayPal
  2. Click “Wallet“
  3. Simply Simply Simply Click “Link a Credit Card” and you will certainly be directed up to a brief kind
  4. Enter your card that is 16-character quantity
  5. Enter your Card Verification Value (CVV)
  6. Enter the target connected to the account as your payment target. payday loans in Tennessee direct lenders here is the exact same target that seems in your month-to-month bank declaration.
  7. Your debit card should now be connected to your PayPal account. Click “Confirm Card” to request verification.
  8. The code that is 4-digit for verification are available in your card’s next declaration of account. You may want to check always your deal history on Online Banking or call Security Bank’s customer support at 88-791-88 2 banking times after asking for verification from PayPal to obtain the confirmation code that is 4-digit.

*Note that non-MasterCard ATM Cards such as for example Cashlink ATM cards is almost certainly not associated with Paypal at the moment.

Sending Cash

You could deliver cash to another PayPal individual if you have a debit or bank card connected to your PayPal account or your PayPal account has sufficient funds inside it to pay for the quantity being delivered and any charges that PayPal may charge. To deliver cash, follow these actions:

  1. Click “Pay or deliver payments”
  2. If the receiver is the a time that is first, key in the e-mail target or cell phone wide range of the person you need to deliver money to – make sure this will be proper.
  3. Go into the amount of cash you need to deliver.
  4. Always check and verify the information entered and submit the payment.

Note when your PayPal account balance is lower than the quantity you’d choose to send, PayPal will either make the remaining funds from the card connected to your PayPal account. If no card is related to your account that is paypal are going to be delivered.

You will do not desire A paypal that is person’s account so that you can send funds. Only at that stage, PayPal utilizes the recipient’s email or telephone number so as to route re payments.

Withdrawing / Transferring Money from Your PayPal Account to your money

To withdraw funds in your account that is payPal to safety banking account, follow these steps:

  1. Ensure you are able to afford in your PayPal account
  2. Click “Withdraw” to be directed towards the Withdraw Funds web page
  3. Select “Withdraw funds to your bank account”. Keep in mind that withdrawals where in fact the quantity withdrawn has ended P6,999 are free from any withdrawal costs while a withdrawal below P6,999 is subject up to a P50 charge
  4. Key in the quantity you intend to move to your money
  5. Check always and confirm the withdrawal
  6. Very first withdrawal will require banking that is 5-7 to procedure; future withdrawals will require 3-5 banking times to process.

Your withdrawal could be refused by protection Bank if the conditions that are following perhaps maybe maybe not met:

  • Your safety banking account is maybe maybe not a checking or family savings
  • The title on your own PayPal account is distinct from the title on your protection Bank account (for those who have a company account, the title in your PayPal account ought to be your online business title)
  • You would not go into the correct account quantity. Take note that you need to withdraw to your money utilizing your banking account quantity, perhaps perhaps not your debit card.
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