We are aware that Paypal gives us two (2) options in withdrawing Paypal funds in the Philippines; withdraw to card and withdraw to local bank. Withdrawing to local bank is an advantage based on withdrawal fees involved.
I have been conducting a research and experiment about this question because a lot of people ask me this and I am also curious to know the answer. Based on what I researched and experimented, the answer is YES! Paypal has its own Currency Converter.
When withdrawing Paypal funds in the Philippines, you are given two choices; withdraw funds to your bank account or to your card. Withdrawing Paypal funds to your local Philippine bank is a great choice compared to withdrawing to your card. Why? Take a look a the summary of fees below;
Smart Money MasterCard is a debit card that offers variety of features and services exclusive of course for Smart Communications subscribers.
