Today is a great day. You know why? I just confirm that my dollar transfer from PayPal to my Citibank VISA Credit Card has been completed. I have transferred a total of $175.
I have paid $5 to PayPal to do the transaction and actually it is completed in just a week. After verifying my account with the credit that they have charged my Citibank Credit Card I Immediately transfer the amount on my account.
I am glad to report that I have received the amount thru my Credit Card. What is surprising is the exchange rate is higher than expected. They have given me an exchange rate of PHP 41.85 to $ 1.00 . It is good since the prevailing rate in the market is almost PHP 40.8 only.
The only question that I still need to study is why there is a limit of withdrawal of about $500. Even I am verified user. I still have to check this out. Anyway I am not yet reaching $500 in my online transaction. Let see in the future.
[…] a total of $1,059.04 whew. Now I could say that Blogging has paid my Canon EOS 400D and my other earning thru PayPal will pay my lens. I have been looking for 50 mm F/1.8 but it is not available in Riyadh at the […]
[…] system that they have here. I wonder if this is also same in Philippines. Since when I am paying my Citibank Credit Card thru my Local bank it takes a day or two before it appears at my […]
@ Amy,
Siguro yung adsense cheque ko parating na rin .. medyo delayed yata ngayon.
wow congrats dex!!!!
ako naman i’m still waiting for my very first adsense payment.
@ Mikko
Maybe you would like to tell your story and give us a link here.
My limit is $5,000 I guess (verified premier member).
Now, my limit has been lowered back to $100.00 temporarily cause of some issues on my account. PayPal still hasn’t refunded me my $1.95 verification fee. 🙁
@ balidreamhome
It is good to know that it works with you as well
so do I, Indonesian blogger also can withdraw virtual money from paypal and being transfered to Credit Card account, mine is done few weeks a go.. cheers
@ nimrodjo
Yeah it is, and I am just a part time blogger. What more would be the full time one
Bloggers do make money online…congrats…
@ James,
You are right.
BTW , Why is it that your comment always goes to the Akismet capture? Many times I have removed your comment in there.
@ derek
Your welcome check for future updates about bank codes.
wow. galing. iniisip ko na rin transfer yung sa akin. buti n lng nakita ko na pede na sa bank account, thanks for all the info
Congrats on your withdrawal, Dex!
Fortunately next time, you won’t have to pay additional charges and hopefully won’t have to wait a long time to get your withdrawal now that PayPal has started offering direct transfer to Philippine bank accounts.
[…] PayPal is increasing visibility in Philippines , Just yesterday it has been announced that Filipinos can now withdraw their PayPal money directly thru Philippine Local Bank. […]