PayPal – Now Indonesia and Phillipine Can Withdraw To Local Bank Account
You read it right! PayPal has added a new withdrawal feature for its Philippine and Indonesian members, allowing them to conveniently withdraw funds from their PayPal accounts to their local bank accounts.
Here are the two requirements:
- You must be a verified PayPal member.
- You need to add a local bank account into your PayPal account.
Important: Please note your first name and surname on your PayPal account must match the name on your bank account. If it does not, your withdrawal request may be rejected by your bank.
More detail information is available in PayPal official page here.
Update:
- 1/30/2008
I just called 2 of the Indonesian major banks that I have accounts with, and asked for their 7-digit bank code that’s required by PayPal to identify the local bank where to withdraw to. Here comes the problem:
- BCA (Bank Central Asia) only uses 3 digits for their bank code. When I asked for 7-digit bank code the customer service reps said BCA only uses 3-digit bank code. So I persisted to ask for 7 digit code and said it’s require to transfer from PayPal. Then the customer service reps said BCA doesn’t have any partnership with PayPal so such transfer can’t be done.
- Bank Mandiri only uses 5 digits for their bank code. When I asked for 7-digit code to transfer from PayPal, the customer service reps didn’t know what PayPal is and there’s no such 7-digit bank code.
Hence don’t put your hope high yet. Such transfer from PayPal to local Indonesian banks can’t be done yet as the local banks don’t have the PayPal’ required 7-digit bank code.
- 1/31/2007
I finally found the 7-digit code for BCA. Here’s how to find it:
- Don’t call Halo BCA or the local branch directly. It’s useless as the customer service officers haven’t been trained yet and they don’t know how to answer this.
- The code for BCA is 014.
- Find the code for the local branch code here. It’s a 4-digit code.
- The BCA 7-digit code that PayPal required is 014 + the 4-digit code from step 3.
Now that you have this code, you can add BCA to your PayPal account.
Anda juga bisa baca versi bahasa Indonesia tentang PayPal Indonesia:
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Comment by Yoga on 31 January 2008:
Dear Aldian,
Nice info, coz I just received the same email regarding this matter from paypal on 29 Jan. And I have no clue about the BCA code.
Just want to ask you one thing, since I’ve registered as a business account in Paypal – do you think that I should provide them a company bank account or my personal account?
Hope above is fine and once again thanks for your info.
Regards,
-Yoga-
Comment by Aldian on 31 January 2008:
Halo Yoga,
From this requirement, I believe the sender’s name (from your PayPal account) and the receiver’s name (to your local bank account) must be the same in order to be able to transfer the money.
I suggest that you should contact PayPal to make sure.
Comment by kurniawan on 31 January 2008:
nice tips, now i can withdraw my money from paypal. Thank you!
Comment by sinaryuda on 3 February 2008:
Hi all…
how with other code bank in indonesia, please check my blog i have list of clearing code = code bank on paypal
Comment by David Deangelo on 8 February 2008:
Awesome, i can now send money to my VA in the Phillipines, so he can withdraw to his bank account.
Comment by TotalTravel on 12 February 2008:
Wow! it must be a good news for Indonesia online business!
Comment by Ear Plugs on 13 February 2008:
yes this is really great news as people staying in those countries can easily get their money within 5-6 days. otherwise task is very tedious to get money by check.
Comment by Plumbing Course Andy on 19 February 2008:
I’m sure lot of people are happy not that they can withdraw from Paypal to local local banks.
Comment by Stefan on 6 March 2008:
The easies to find Indonesia bank code: http://sinaryuda.web.id/index.php/2008/02/03/bank-code-indonesia-paypal/
Hope it help…
Comment by portal de noticias opiniaoweb on 7 March 2008:
do you know if there is paypal withdraw to a local bank account at Brazil?
Comment by Aldian on 7 March 2008:
I don’t know. Why don’t you check it at PayPal website?
Comment by Abi Bakar on 11 March 2008:
this is exactly the infor that i search for…i’d been wondering on how to withdraw my cash on paypal without using a credit card. since credit card wont give us a chance to withdraw our money, except loaning them to us. well said…and thanks again!
Comment by Calvin Michel Sidjaja on 31 March 2008:
unfortunately, I don’t have account at niaga bank, what will happen if I use my relative’s card numbers instead?
Comment by baba on 6 June 2008:
hi there, interesting post but i hardly find the link you provided is eligible.
i still can’t get the answer of BCA KCP Tandes-Surabaya bank code from the site.
able to help out?
many thanx b4
best regard,
baba
Comment by aer on 26 June 2008:
i have an bca account with acc.num: 77704xxxxx
my first-4 acc.number are same with my local branch bank code…
so, do i have to fill in my paypal acc..like this:
Country:Indonesia
Bank account holder’s name:xxxxx
Bank name:BCA
Bank code:0147770
Account number:77704xxxxx
or like this:
Country:Indonesia
Bank account holder’s name:xxxxx
Bank name:BCA
Bank code:0147770
Account number:4xxxxx (i remove the first-4 number)
thanks
Comment by atana on 1 July 2008:
Mas Aldian Prakoso, saya baru belajar menulis blog dan baru memulai ikut sponsoredreviews. Saya numpang paypal sama teman. Untuk buat paypal sendiri saya udah coba, tapi mereka minta kartu kredit, nah itu saya gak punya. Saya cuma punya rekening BCA. Terus terang saya benar-benar belum mengerti bagaimana caranya saya mempunyai paypal tanpa kartu kredit tapi hanya menggunakan BCA. Apa bisa ya mas? Maaf mas…. saya benar-benar orang baru nih. Makasih sebelumnya ya.
Comment by IMBlogger on 17 July 2008:
I’ve been using it from a while now. It’s a great feature and I am lovin’ it. Never had any issues yet.
Comment by Czar on 2 August 2008:
Wow! This is indeed good news to all those Indonesian and Filipino online earners. As far as I know, there is a big number of them who are dependent on the financial capabilities of their blogs. Well, this is such an advantageous thing for them.
By the way, if you mind, I think it’s better if you put “s” at the end of the word “Philippine” on your blog post title. It’d be better if you do so…
Comment by yanuar on 4 August 2008:
It’s a good information, because i have an acount in paypal but i can’t withdraw it to my bank in Indonesia.
excuse me, i just want to ask how if in BRI, because i must enter 7 code number but i don’t know about the BRI’s local branch code. Please help me and reply my comment.
Thank before.
Comment by ardyanstyle on 30 August 2008:
hi aldian!!! i would like to ask a question about paypal account.
you know last name/ family name is not a regular thing for indonesian people. my name contains only one single word whereas paypal (and other internet service) request us to fill first name and last name form.
my question. is it okay to fill it my name both in first name and last name??? is there any effect when i plan to withdraw it in a local bank, as the bank know my name is only in one phrase??? please help me. your email will be very1000x appreciated and i will gladly visit your blog so often . thank you
Comment by egghead on 5 September 2008:
udah pernah berhasil withdraw ke BCA 2 kali, tapi tgl 30 Agustus kemaren withdraw $450, di reject ama BCA, dipotong 50.000 IDR dan kembali ke account Paypal $417
ilang deh $33
sampe sekarang gak ngerti kenapa di reject.
btw : nama di bank gua egghead ( contoh aja mas )
nama di PP : egghead egghead
kalo itu alasannya, kenapa dulu bisa withdraw sampai 2 kali yah ?
Comment by Wenita on 22 September 2008:
Tolong diinformasikan ke rekan2 bahwa pengertian Bank Code itu adalah 3 digit kode bank ditambah 4 digit kode cabang bank yang bersangkutan adalah KELIRU. Bank Code disini adalah Sandi Bank Penerima yang maksudnya adalah Sandi Kliring yang terdaftar di Bank Indonesia. Sandi Kliring ini bisa ditanyakan ke Bank masing-masing atau bisa menggunakan Sandi Kliring kantor pusat Bank tersebut, kecuali untuk BRI di cabang yang belum on-line.
Berikut daftar Sandi Kliring kantor pusat. Semoga membantu.
No Bank Code Bank Name
1. 0010016 BANK INDONESIA
2. 0020307 PT. BANK RAKYAT INDONESIA (Persero) Tbk.
3. 0030012 PT. BANK EKSPOR INDONESIA (PERSERO)
4. 0080606 PT. BANK MANDIRI (PERSERO) Tbk.
5. 0090010 PT. BANK NEGARA INDONESIA 1946 (Persero) Tbk.
6. 0090010 BNI SYARIAH
7. 0111274 PT. BANK DANAMON INDONESIA INDONESIA Tbk.
8. 0130307 PT. BANK PERMATA Tbk.
9. 0140012 PT. BANK CENTRAL ASIA Tbk.
10. 0160131 PT. BANK INTERNATIONAL INDONESIA Tbk.
11. 0190017 PT. BANK PAN INDONESIA Tbk. / PT. PANIN BANK Tbk.
12. 0220026 PT. BANK NIAGA Tbk.
13. 0230016 BANK BUANA INDONESIA PT. BANK UOB BUANA, TBK
14. 0261399 PT. LIPPO BANK
15. 0280024 PT. BANK NILAI INTI SARI PENJIMPAN Tbk.
16. 0300302 AMERICAN EXPRESS BANK LTD.
17. 0310305 CITIBANK NA
18. 0320308 JPMORGAN CHASE BANK, NA
19. 0330301 BANK OF AMERICA , NA
20. 0360300 PT. BANK MULTICOR / PT. BANK WINDU KENTJANA INTERNASIONAL
21. 0370028 PT. BANK INTER PACIFIC TBK PT. BANK ARTHA GRAHA INTERNASIONAL, TBK
22. 0400309 BANGKOK BANK LTD. THE BANGKOK BANK PCL
23. 0410302 THE HONGKONG and SHANGHAI BANKING CORP
24. 0420305 THE BANK OF TOKYO MITSUBISHI UFJ LTD.
25. 0450304 PT. BANK SUMITOMO MITSUI INDONESIA
26. 0460307 PT. BANK DBS INDONESIA
27. 0470300 PT. BANK RESONA PERDANIA
28. 0480303 PT. BANK MIZUHO INDONESIA
29. 0500306 STANDARD CHARTERED BANK
30. 0520302 ALGEMENE BANK NEDERLAND AMRO BANK N.V. / ABN AMRO BANK NV.
31. 0540308 BANK CREDIT LYONNAIS INDONESIA PT. BANK CAPITAL INDONESIA
32. 0570307 PT. BANK BNP PARIBAS INDONESIA
33. 0580300 PT. BANK UOB INDONESIA
34. 0590303 KOREA EXCHANGE BANK DANAMON / PT. BANK KEB INDONESIA
35. 0600303 PT. BANK RABOBANK INTERNATIONAL INDONESIA
36. 0610306 PT. ANZ PANIN BANK
37. 0670304 DEUTSCHE BANK AG
38. 0680307 PT. BANK WOORI INDONESIA
39. 0690300 BANK OF CHINA LIMITED
40. 0760010 PT. BANK BUMI ARTA
41. 0870010 PT. BANK EKONOMI RAHARJA
42. 0880055 PT. BANK ANTAR DAERAH
43. 0890016 PT. HAGABANK INDONESIA / PT. BANK HAGA
44. 0930015 PT. BANK IFI
45. 0950011 PT. BANK CIC INTERNASIONAL TBK PT. BANK CENTURY Tbk.
46. 0970017 BANK MAYAPADA INTERNATIONAL / PT. BANK MAYAPADA Tbk.
47. 1100093 “PT. BANK PEMBANGUNAN DAERAH JAWA BARAT /
PT. BANK PEMBANGUNAN DAERAH JABAR DAN BANTEN”
48. 1110164 PT. BANK PEMBANGUNAN DAERAH DKI JAKARTA / BANK DKI
49. 1119916 Bank DKI Syariah – Wahid Hasyim
50. 1120015 PT. BANK PEMBANGUNAN DAERAH DIY / YOGYAKARTA
51. 1130348 PT. BANK PEMBANGUNAN DAERAH JAWA TENGAH
52. 1140383 PT. BANK PEMBANGUNAN DAERAH JATIM
53. 1150014 PT. BANK PEMBANGUNAN DAERAH JAMBI
54. 1160033 PT. BPD ISTIMEWA ACEH
55. 1170201 PT. BANK PEMBANGUNAN DAERAH SUMUT
56. 1180259 PT. BANK PEMBANGUNAN DAERAH SUMATERA BARAT / PT. BANK NAGARI
57. 1190016 PT. BANK PEMBANGUNAN DAERAH RIAU
58. 1200142 PT. BANK PEMBANGUNAN DAERAH SUMATERA SELATAN
59. 1210051 PT. BANK PEMBANGUNAN DAERAH LAMPUNG
60. 1220012 PT. BANK PEMBANGUNAN DAERAH KALIMANTAN SELATAN
61. 1230015 PT. BANK PEMBANGUNAN DAERAH KALIMANTAN BARAT
62. 1240018 PT. BANK PEMBANGUNAN DAERAH KALIMANTAN TIMUR
63. 1250011 PT. BANK PEMBANGUNAN DAERAH KALTENG
64. 1260027 PT. BANK PEMBANGUNAN DAERAH SULAWESI SELATAN
65. 1270091 PT. BANK PEMBANGUNAN DAERAH SULAWESI UTARA
66. 1280010 PT. BANK PEMBANGUNAN DAERAH NTB / NUSA TENGGARA BARAT
67. 1290013 PT. BANK PEMBANGUNAN DAERAH BALI
68. 1300013 BANK PEMBANGUNAN DAERAH NUSA TENGGARA TIMUR
69. 1310016 PT. BANK PEMBANGUNAN DAERAH MALUKU
70. 1320019 PT. BANK PEMBANGUNAN DAERAH PAPUA
71. 1330012 PT. BPD BENGKULU
72. 1340015 PT. BANK PEMBANGUNAN DAERAH SULAWESI TENGAH
73. 1350018 PT. BANK PEMBANGUNAN DAERAH SULAWESI TENGGARA
74. 1450028 PT. BANK NUSANTARA PARAHYANGAN
75. 1460021 PT. BANK SWADESI Tbk.
76. 1470011 BANK MUAMALAT INDONESIA / PT. BANK MUAMALAT INDONESIA
77. 1510049 PT. BANK MESTIKA DHARMA
78. 1520013 PT. BANK METRO EKSPRESS
79. 1530016 BANK SHINTA INDONESIA PT. BANK SINARMAS
80. 1570021 PT. BANK MASPION INDONESIA
81. 1590014 PT. BANK HAGAKITA
82. 1610017 PT. BANK GANESHA
83. 1640058 “PT.HALIM INDONESIA BANK / PT. BANK HALIM INDONESIA /
PT. BANK ICBC INDONESIA”
84. 1660012 PT. BANK HARMONI INTERNASIONAL
85. 1670099 PT. BANK KESAWAN
86. 2000024 “PT. BANK TABUNGAN NEGARA (Persero) /
PT. BANK TABUNGAN NEGARA (PERSERO) SYARIAH”
87. 2120027 PT. BANK HS 1906 / PT. Bank Himpunan Saudara
88. 2130101 “B.T. PENSIUNAN NASIONAL / PT. BANK BTPN /
PT. BANK TABUNGAN PENSIUNAN NASIONAL”
89. 4050072 PT. BANK SWAGUNA
90. 4220051 PT. BANK JASA ARTA
91. 4260176 PT. BANK MEGA Tbk.
92. 4410010 PT. BANK UMUM KOPERASI INDONESIA (BUKOPIN) / PT. BANK BUKOPIN Tbk.
93. 4510017 PT. BANK SYARIAH MANDIRI Tbk.
94. 4590037 PT. BANK BISNIS INTERNATIONAL
95. 4660019 PT. BANK SRI PARTHA
96. 4720014 PT. BANK JASA JAKARTA
97. 4840017 PT. BANK BINTANG MANUNGGAL / PT. BANK HANA
98. 4850010 PT. BANK BUMI PUTERA Tbk.
99. 4900012 PT. BANK YUDHA BHAKTI
100. 4910015 PT. BANK MITRANIAGA
101. 4940014 PT. AGRONIAGA BANK
102. 4980016 PT. BANK INDOMONEX
103. 5010011 PT. BANK ROYAL INDONESIA
104. 5030017 ALFINDO SEJAHTERA BANK / PT. BANK ALFINDO
105. 5060016 PT. BANK SYARIAH MEGA INDONESIA
106. 5130014 PT. BANK INA PERDANA
107. 5170016 PT. BANK HARFA
108. 5200025 PT. PRIMA MASTER BANK
109. 5210031 PT. BANK PERSYARIKATAN INDONESIA
110. 5230011 PT. BANK DIPO INTERNATIONAL
111. 5250046 PT. BANK AKITA
112. 5260010 PT. BANK LIMAN INTERNATIONAL
113. 5310012 PT. ANGLOMAS INTERNATIONAL BANK
114. 5350014 PT. BANK KESEJAHTERAAN EKONOMI
115. 5360017 PT. BANK UIB
116. 5420025 PT. BANK ARTOS INDONESIA
117. 5470017 PT. BANK PURBA DANARTA
118. 5480010 PT. BANK MULTIARTA SENTOSA
119. 5530012 PT. BANK MAYORA INDONESIA
120. 5550018 PT. BANK INDEX SELINDO
121. 5580017 PT. BANK EKSEKUTIF INTERNASIONAL
122. 5590036 PT. CENTRATAMA NASIONAL BANK
123. 5620029 PT. BANK FAMA INTERNATIONAL
124. 5640012 PT. BANK SINAR HARAPAN BALI
125. 5660018 PT. BANK VICTORIA INTERNATIONAL
126. 5670011 PT. BANK HARDA INTERNASIONAL
127. 9450305 PT. BANK FINCONESIA
128. 9470301 PT. BANK MAYBANK INDOCORP
129. 9480304 PT. BANK OCBC INDONESIA
130. 9490307 PT. BANK CHINATRUST INDONESIA
131. 9500307 PT. BANK COMMONWEALTH
—–
Comment by Wenita on 22 September 2008:
Untuk kasus nama : egghead – nama di PP : egghead egghead,
pada dasarnya nama disini harus sama persis dengan nama rekening di Bank yang bersangkutan. Kalau beda maka tergantung tingkat toleransi Bank / Bagian yang proses transfer dana tsb. Ini memang masalah yang belum dipecahkan. PayPal secara umum masih menggunakan format internasional first name – last name dan belum mengakomodasi kondisi nama orang Indonesia yang bisa terdiri dari satu suku kata saja.
Comment by Wenita on 17 October 2008:
INFO
====
See: http://pages.ebay.ph/bankwithdrawal/#1
There is a step-by-step with hyperlink to the list of Bank Codes on the right hand side half-way thru the page.
Comment by Benji on 31 December 2008:
Thank for the info, it’s really help to add bank account to my paypal
Comment by Jual Baju BOla on 4 March 2009:
@wenita:
“Tolong diinformasikan ke rekan2 bahwa pengertian Bank Code itu adalah 3 digit kode bank ditambah 4 digit kode cabang bank yang bersangkutan adalah KELIRU.” -> itu kan berlaku hanya untuk code bank BCA. Kalo BCA memang 3 digit kode bank + 4 digit kode cabang yang bersangkutan, untuk bank-bank lainnya tidak sama. Jadi dikatakan KELIRU sebenarnya tidak juga…
Comment by Bali web design on 10 March 2009:
I was tried your tutorial and 100% working. It;s a great tutorial bro…
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