Our January 24 paypal withdrawal is still pending up to now. Nevertheless, hubby has successfully transferred his paypal funds to his banco de oro account. We actually withdrew the money this morning.
There are several things I have noticed with this particular paypal to bank account transaction though:
1. The withdrawal transaction takes some time to be marked completed. I actually thought our second withdrawal will have the same paypal pending withdrawal problems. Nevertheless, we were able to withdraw the money less than a week after we initiated the transaction.
2. The peso-dollar exchange rate is not competitive. 1 U.S. Dollar in our transaction was converted to 39.5265 Peso. I do not have the data but I believe that the US dollar at that time was some cents more than 40 pesos.
I was not able to check our remaining balance before the paypal funds arrived but I would like to request those who plan to make withdrawal via bank to check their balance because there seems to be a discrepancy between the amount that was transferred to our bank account and the amount that is reflected in the paypal dashboard.Hubby and I will try to verify too because we might have made some withdrawals that we have forgotten.
Wednesday, February 6, 2008
Successfully transferred paypal funds to bank account
Labels: bago
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