Fast, zero withdrawal fee option for PayPal Philippines (2024)

FAQs

Fast, zero withdrawal fee option for PayPal Philippines? ›

Zero withdrawal fees

Don't forget, there's no fee for withdrawing cash from tens of thousands of MoneyPass ATMs worldwide. The PayPal Debit Mastercard® is issued by The Bancorp Bank, N.A. (“Bancorp”) pursuant to a license by Mastercard International Incorporated and may be used everywhere Mastercard is accepted.

To withdraw money from PayPal you'll first need to link a bank account or card to your PayPal account. You'll be able to choose to link a Philippine based bank account or debit card, and in some cases you can also link a US bank account.

The Instant transfer typically takes a few minutes to complete (up to 30 minutes). A standard transfer is usually completed within 3-5 working days. Sometimes it can take longer, depending on the bank's clearance process.

To use your PayPal Debit Card at an ATM, simply use the card and the PIN you created when you turned on the card. Don't forget, there's no fee for withdrawing cash from tens of thousands of MoneyPass ATMs worldwide.

If you don't have a bank account, you can opt to pick up the cash in the bank within minutes (list includes Equitable PCI Banks and Cebuana Lhuillier) or have it delivered into your doorstep.

You can cash out at over 20,000 BancNet ATMs in the Philippines ^* or shop anywhere with the GCash MasterCard.

It's free to send payments.

You don't need to pay a transaction fee when you send payments with PayPal. The recipient covers that. If you send a payment overseas in a different currency, a small conversion fee applies. Sign up now.

When you withdraw money to BPI you'll pay a withdrawal fee of 50 PHP for withdrawals of 7,000 PHP or less⁴. If you're sending money to a USD bank account instead, there's a fee of 3% of the withdrawal amount.

If you send money using your PayPal balance or bank account, or Amex send^TM account, there is no fee. If you send money using a credit or debit card, there is a 2.9% + fixed fee. Fees are subject to change. You can learn more about our fees here.

Can I instantly withdraw money from PayPal? ›

Tap Transfer to bank.

If you selected Instant Transfer, you should see the money in your bank account in minutes, but this timeframe may vary depending on the bank. If you don't see the money in your bank account after 30 minutes, contact your bank for more information.

The PayPal Debit Card has a daily spending limit of $3,000 USD, a daily ATM withdrawal limit of $400 USD, and a daily over-the-counter withdrawal limit of $5,000 USD. The card resets at 12:00 a.m. CST.

Load and withdrawal limits apply. PayPal cash in and cash out money services exclusively at Walmart stores may be a great option for you and your family. If you are looking for something totally different from traditional financial services, check out more information HERE!

The short answer is yes - there are a couple of ways to get cash withdrawals from your PayPal funds without having a bank account. The most popular options are using either a PayPal debit card or PayPal Cash card.

Paydiant cardless ATMs

Many small banks offer cardless ATM access to customers through Paydiant, which PayPal owns. Paydiant has over 72,000 ATM locations across the US.