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HOW TO WITHDRAW ALERTPAY/PAYPAL FUNDS

How to transfer your money from Alertpay to your Local Bank?


Here are the steps on how to transfers your money from alertpay to your local bank account:

First, you need to have a verified alertpay account. If you're alertpay account is not yet verified, have it verified by following the verification process in alertpay. If you have a verified alertpay account, then continue reading the instructions.

1. Go to Pinoy Gold Exchange  (pinoygoldexchange.net) (PGX) . This is where you will exchange your alertpay funds to pesos in your local bank account. Always check their announcement to see their daily sell limit. Usually its at $500. Meaning you cannot sell more than $500. Registration is optional.

2. Click the "SELL" tab page to get you started with the exchange process. Leave this window open. The banks accepted here are the following:

  • Banco de Oro
  • Chinabank
  • Metrobank
  • Smart Money
  • Unionbank
3. Open another window for  your alertpay account. In your alertpay account click on "SEND MONEY". Fill up the form with the following information:
  • To: (SEE PGX site for details) (the owner of PGX, you will send your alertpay funds to him)
  • Amount: X.XX (the amount you want exchanged to pesos in your local bank)
  • Purchase type: Other
  • Note: send payment in my Eon Visa Unionbank account#: XXXXX (notes are optional)
4. Click on "NEXT" then Confirm. Then Complete the Send Money Process in your alertpay account. Take note of the REFERENCE NUMBER.

5. Go back in the SELL page in . Now fill up the form there.

E-currency account details:
  • Sell Amount: $X.XX ( the amount of dollars you want exchanged it pesos. This should be the same amount as what you placed in step #3.)
  • Your e-currency account name: (your alertpay account name)
  • Your e-currency account #: (we don't have an alertpay account# so put your alertpay account name here as well)
  • Batch Number: (the reference number is step #4)
  • Currency Sold: (choose alertpay in the dropdown menu)
  • Order Currency: (default is peso so you don't need to change this)
Bank Details:
Customer Account name: Anito aito (needs to be your exact bank account name)
Customer Account number: XXXXXXXXX (no hyphens/dashes needed)
Bank Name: (Choose in the dropdown menu)
Bank Branch: Alabang, Muntinlupa, laguna, makati (your exact bank branch address)

Personal Details: (this should be self explanatory. I don't need to go in detail on this one)

Copy the verification code.
Check the box on agree with terms of service.
Click on submit order.

6. You will receive an email confirmation regarding your exchange from PGX. Wait for your money in your bank within 5 business days.





How to transfer your money from PAYPAL to your local bank?
 


Apply for Unionbank Eon Visa Electron Card bank cards in your nearest Unionbank branch. You will only need P350 to apply for the card.

Procedure for Withdrawing Payments from your Paypal Balance to your UnionBank Debit card

  1. Once the payment has reflected in your Paypal balance, you can transfer the funds to your UnionBank Debit card by using the withdrawal feature.
  2. You will be given 2 options in withdrawing your funds. Please choose the "transfer funds to your card" option. Paypal charges $5.00 USD for this facility.
  3. The transfer to your UnionBank Debit card will be completed within 4 working days from the date of your withdrawal request. A status report of your withdrawal request is reflected in your Account Overview screen.
  4. Your funds will be converted to the peso equivalent using the VISA Exchange rate for the day of the withdrawal request.

Procedure for Withdrawing funds to your UnionBank account

Step1: Login to your Paypal account
Click" My account" tab and then "Withdraw" sub tab

Step2: Select the "Withdraw funds to your bank account option"
-See fees involved-

Step 3: Select the bank account and amount to withdraw

Step4: Confirm the transfer


Please note the terms and conditions of Paypal concerning the frequency of payment acceptance.

  1. Personal Accounts - You can only accept payments monthly and up to 5 credit or debit card payments annually with your Personal account.
  2. Premier Accounts - This account allows you to accept credit or debit card payments for only 3.4% plus $0.30 USD per transaction.

*FULL USE: Limits shall be based on the available balance for debit cards and the available credit limits for credit cards or other limits imposed by PayPal or the bank.



Other details on transferring funds

Option 1: Mailed Check. Go to your alertpay account and request to withdraw your funds through check. You will have to wait 3-4 weeks to arrive in your address. Once you've got your check, you can encash your check in your nearest money changers accepting international dollar checks. You can also deposit your check in your bank account. It doesn't matter if you have a dollar or peso account. Unionbank, Metrobank, Landbank, BDO, RCBC, and PNB are some of the banks that accept international checks. If your bank is not on this list, inquire in your bank to be sure. If they are not accepting international checks, open a bank account in one of these banks.

Option 2: Alertpay to Paypal. Invest your alertpay funds in your trusted get paid to site (recommended: neobux) that pays through paypal. Once you get your investment back with interest, cash it out to your paypal account. Withdraw your paypal funds through Unionbank Eon Visa Electron Card. Processing will take about 5-7 days. Withdraw your cash in any ATMs. If you do not have a Unionbank Eon Visa Electron Card, apply for one in your nearest Unionbank branch. You will only need P350 to apply for the card.