PayPal is now allowing inbound transfer of funds, money, and payments from abroad to Philippine PayPal account holders. Before you could only make payments out with PayPal but not receive money. Right on PayPal !!!
So now you and send AND RECEIVE money from around the world using a PayPal account, your email address, all tied into your Philippine Bank account with attached credit or debit card.
Currently we know that Union Bank Philippines provides customers to use their Union Bank credit and debit card accounts with a PayPal account. Check with your local Philippine Bank if they offer the same. If not, go to http://www.unionbankph.com for more information on setting one up so you can send and receive money worldwide with your email address and PayPal. Here's the press release we received today from PayPal on this.
New Withdrawal & Receiving features are now available with PayPal!
Withdraw Funds to Your Debit or Credit Card We're pleased to announce the launch of a new withdrawal feature, allowing you to transfer funds from your PayPal account to your Visa branded debit card or credit card. Learn how to get convenient access to your funds now.
Eligibility to withdraw funds to a Visa credit/debit card may vary based on the issuing banks guidelines.
Receive Money in the Philippines
In addition to the existing sending money capabilities and the new withdrawal features, registered members in the Philippines can now receive funds from 190 markets and 17 currencies.
Important: You'll need to be a verified member to use the new withdrawal feature. Learn about verification (known as the Expanded Use Program).
Important Safety & Security Tips: More Ways To Protect Your Identity Online
Did you know safer web browsers, like Microsoft Internet Explorer 7 (IE7), or FireFox make it easier to help you identify fake (spoof) websites and webpages that try to get you to enter person information with the intent to steal your account?
PayPal supports anti-spoof technologies in the next-generation web browsers to help you avoid fraud and identify theft. Learn ways to protect your account at PayPal.com and other various online security resources.
Sign up for a PayPal account today and simplify your banking!

