Enrolling Your PayPal Account

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

What’s PayPal?

PayPal is definitely an online payments system where users can

• Shop and then make acquisitions online
• Forward cash to many other PayPal users (users may be located in the Philippines or abroad)
• Receives a commission from credit/debit cardholders along with other PayPal users (users could be situated in the Philippines or abroad)
• Efficiently use their account that is payPal as “digital wallet”

Just how to Start a PayPal Account

Obtaining a PayPal account is not difficult!

• Simply join at www.paypal.com and select “Philippines” because the nation.
• Be sure to select “Philippine Peso” once the main money.
• PayPal reports are FREE and it is possible to connect any Security Bank checking or family savings to your PayPal account.

Note: We have actually waived the PHP 200 Inward Remittance charges 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 up to a quick type
4. Enter “Philippines” as your nation
5. Enter your title – it should match the true title in your 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 perhaps perhaps maybe not yes how to locate your bank account quantity, click on this link.

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

How to locate Account Figures

If you’re enrolling a bank-account, you will find your 13-digit account quantity by checking online banking, the mobile software, your declaration of account, your checkbook, or your passbook.

Particular declaration of accounts and checkbooks may mirror a 12-digit account quantity. Put in a 0 at the start of the number that is 12-digit arrive at your 13-digit account quantity.

• On The Web Banking
• Mobile Phone App
• Checkbook
• Passbook
• Statement of Account

Connecting Your Debit Account

To connect your protection 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’ll be directed up to a brief kind
4. Enter your 16-character card quantity
5. Enter your Card Verification Value (CVV)
6. Go into the target connected to the account as the payment target. This is actually the address that is same seems in your month-to-month bank statement.
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 can be obtained on the card’s next declaration of account. It is possible to look at your deal history on Online Banking or call Security Bank’s customer care at 88-791-88 2 banking times after asking for verification from PayPal to have the confirmation code that is 4-digit.

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

Sending Cash

You could deliver cash to another PayPal individual when there is a debit or charge card connected to your PayPal account or your account that is payPal has funds inside it to cover the total amount being delivered and any costs that PayPal may charge. To deliver money, follow these actions:

1. Click “Pay or deliver payments”
2. In the event that receiver could be the a time that is first, key in the e-mail address or cellular phone quantity of the individual you wish to deliver money to – make sure it is proper.
3. Enter the amount of cash you need to deliver.
4. Always check and verify the information entered and submit the payment.

Note in the event your PayPal account balance is lower than the total amount you’d choose to send, PayPal will either make the funds that are remaining the card connected to your PayPal account. If no card is connected to your Paypal account, absolutely nothing will soon be delivered.

You will do maybe perhaps not need A paypal that is person’s account so that you can deliver funds. Only at that stage, PayPal utilizes the recipient’s email or contact number so as to path re 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. Be sure 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”. Remember that withdrawals in which the quantity withdrawn is finished P6,999 are free from any withdrawal fees while a http://www.speedyloan.net/payday-loans-sc withdrawal below P6,999 is topic up to a P50 charge
4. Enter the quantity you want to move to your money
5. Check always and verify the withdrawal
6. Very first withdrawal will need 5-7 banking days to procedure; future withdrawals will require 3-5 banking times to process.

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

• Your safety banking account is perhaps perhaps not a checking or checking account
• The title on your own PayPal account is distinct from the title on your own Security Bank account (when you have a small business account, the title in your account that is payPal should your company title)
• You failed to go into the account number that is correct. Take note you have to withdraw to your money utilizing your banking account number, maybe perhaps maybe not your debit card.