Yes, this is true in my case. I withdraw my paypal funds in just one day! So I’m sharing to all online entrepreneur out there how I did it. I don’t know if it’s a mistake or what but I’ve done it. I hope it will work to all who have UnionBank’s Eon Cyber Card (Debit Card).

I’ve used Unionbank’s Eon Cyber Card, which is a debit card, to verify my paypal account before. Since I don’t really like applying for credit card, I just use a debit card.

Here’s the proof of my July 19, 2009 withdrawal from paypal to my bank.
My paypal withdrawal proof

Now here’s my proof in my account in Union Bank of the Philippines – Eon Cyber Card that I’ve checked online that I got my paypal funds transferred in one day!
My withdrawal in paypal to my bank account in 1 day!
To view the image in full length, click the thumbnail

Here is the screenshot of the whole control panel of my bank and as you can see the money are credited to me on July 20, 2009.

Here are the complete images for full viewing pleasure :)

How did that happened? I thought withdrawing funds to Eon Cyber Card cost $5???

Okay, so I will explain the hole of the process. Go to Withdraw and you will see this page.

Paypal Withdraw Page

There are two options:

  • Withdraw to your bank account
  • Withdraw to your card

Take note that it doesn’t matter what type of card, either debit card (the eon) or any other debit card/credit card, you used to verify your paypal. The system is fixed at $5 upon using your card to withdraw funds.
Don't use withdraw to card, it will be $5

If you haven’t added your Eon Cyber Card yet to your bank account profiles. Go to Profile > Add/Edit Bank Account:

How to add Bank Account in Paypal

Fill up the details, make sure you put the correct details or your money will not be send to you and you will have to pay 250 php for return fee. That’s almost the same as $5!!
Procedure of Adding Bank account info in paypal
You can also see in the image the bank name and the bank code of Unionbank. For clarity, use the info below:
Bank Name: UNION BANK OF THE PHILS (UBP)
Bank Code: 010419995

After adding the profile, go back to “Withdraw” and choose “Withdraw to your bank account”.
Withdraw your funds to you eon now!
Then you are all set, everything you withdrew will be transferred to your bank account in UnionBank. The 50 pesos fee will not be included if you are withdrawing 7,000 above. Review the top of this post and you will see the same detaisl upon withdrawing in paypal. All you have to do is cross fingers, and wait for the funds tomorrow in your unionbank.

If you haven’t enrolled your Eon Cyber Card to their website for online banking needs. Go to UnionBank’s website. If this works on you also, care to leave a comment as a proof that this works also on you. Good luck guys!