PayPal for Business

Reach customers worldwide, keep your business protected and receive payments on time.

No Security Bank Account Yet?

How to Sign Up for a PayPal Business Account:

First Step: Sign up for a free PayPal account.

Second Step: Verify your account through the email you’ve provided during signup.

Third Step: Choose your payment solution and start receiving payments.

What can you do with your PayPal Business Account?

Reach Global Customers

Open your market to the world! Paypal is honored in over 200 countries and is accepting 25 currencies, grow your business with PayPal.

Protect your Business

Be covered against fraudulent activities and experience advanced security with PayPal’s Seller Protection.

Receive Payments Conveniently

No website? No problem. Sign up for a free PayPal account and receive payments as soon you verify your account.

Enjoy Waived Fees

Get extras. We have waived your Inward Remittance Fees on PayPal transactions.

Receive money through the following PayPal medium:

PayPal.me

PayPal.me is an instant way to get paid for your goods and services through PayPal. Just share your PayPal.Me link with your customer to ask for payment and receive it immediately. Business names are often indicated in your PayPal.me link (paypal.me/businessname) for recallment purposes.

Why use PayPal.me?

  • You no longer have to share your bank account details
  • Forget logging in to send a manual payment request
  • Close sales right away, never miss a business opportunity

Online Invoicing

PayPal Invoicing helps business owners and freelancers send customized invoices. PayPal emails your customer a link containing the invoice which they can securely pay using a credit card, debit card, PayPal or PayPal Credit.

Why use PayPal Invoicing?

  • You can send invoices to one or multiple customers at once
  • Have invoices sent automatically/on a recurring date and time
  • Accept partial payments for initial deposits and installments

How to Link Security Bank Account to PayPal

To link your Security Bank checking or savings account to your PayPal account, follow these steps:

  1. Login in to PayPal
  2. Click on “Wallet
  3. Click “Link a Bank Account” and you will be directed to a short form
  4. Enter “Philippines” as your Country
  5. Enter your Name – it must match the name on your bank account
  6. Enter “Security Bank” as your bank name
  7. Enter “010140015” as your bank code
  8. Enter your 13-digit account number* – if you’re not sure where to find your account number, click here.

*Note that checkbooks and statement of accounts may reflect a 12-digit account number. If your account number has 12-digits, add a 0 at the beginning of the number.

Withdraw/Transfer Money from Your PayPal Account to Your Bank Account

Click "Withdraw" to be directed to the Withdraw Funds page.

Note: Make sure you have enough money in your PayPal account.

Select “Withdraw funds to your bank account

Note: Withdrawals where the amount withdrawn is over P6,999 are free of any withdrawal charges while a withdrawal below P6,999 is subject to a P50 charge.

Type in the amount you wish to transfer to your bank account

 

Check and confirm the withdrawal

Note: Your first withdrawal will take 5-7 banking days to process; future withdrawals will take 3-5 banking days to process.

Your withdrawal may be rejected by Security Bank if the following conditions are not met:

  • Your Security Bank account is not a checking or savings account
  • The name on your PayPal account is different than the name on your Security Bank account (if you have a Business account, the name on your PayPal account should be your business name)
  • You did not enter the correct account number. Please note that you must withdraw to your bank account using your bank account number, not your debit card.

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  • CYA Industries Inc - Bacolod
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  • Petbuddy Antipolo
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Underlying documents required 

  • Download the files and save them on your device [insert links to MTAF, TTAF, etc…] 
  • Open the files using your device’s PDF reader. 
  • Fill in all the fields.  
  • Print a copy of the file. 
  • Sign the document using a wet signature. 
  • Submit the MTAF or TTAF to your desired branch (Please
    coordinate with your corporation’s RM for pick up/drop off instructions) 

Download the Money Transfer Application Form 

Download the Telegraphic Transfer Application Form

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