I received an email today inviting me to answer a Paypal survey. A Sony laptop is at stake once I finished the survey. The invite was sent by customersurvey@survey-take.com and it is supposedly administered on behalf of Paypal.
Of course, I’m wary about these types of emails since I’ve encountered a lot of phishing emails and Paypal scams in the past (another fake Paypal email and Paypal scam here).
I did a little investigation and discovered the email to be somewhat legit.
Here I go ranting about BPI (Bank of the Philippine Islands) again.
In October 2007, I wrote about the problems of some clients regarding an ATM that supposedly did not dispense cash and a branch manager who allegedly stole someone’s remittance money.
In October 2008, I ranted about not getting connected to BPI’s Phone Banking hotline after several tries in my attempt to solve my BPI Trade password problem. I wondered then if BPI’s call center was terribly undermanned or simply manned by lazy employees.
Now, I’m beginning to have these thoughts again since no one from BPI has solved my new BPI Trade account problem for more than a month now.
Update: Largest Banks in the Philippines (2009)
Banco de Oro (BDO) is now the largest bank in the Philippines, in terms of both assets and total deposits.
This is according to a report of comparative sizes of Philippine banks which I got from my bank.
Until 2007, Metrobank was the largest bank. As of December 31, 2008, however, Banco de Oro has overtaken Metrobank and has grabbed the title since.
Ayala Corporation, the country’s largest conglomerate, will be issuing a total of 12 million preferred “Class A “shares for P500 each. Proceeds from the issue will be used to fund the company’s investments in business process outsourcing (BPO) and overseas real estate projects.
Unlike owners of common shares, preferred stockholders do not have voting rights but are the first to get paid in case a company is liquidated.
Ayala Corp (Stock Code: AC)‘s Preferred Shares will pay a fixed dividend rate of 8.88% per annum. Minimum subscription is 100 shares and succeeding placements must be in multiples of 20 shares.
Now, here’s one more good news.
According to the Bangko Sentral ng Pilipinas (Central Bank of the Philippines), almost half of the families of Overseas Filipino Workers (OFW) are now saving and investing part of the remittances they are receiving.
A Philippine Daily Inquirer article reported that the Philippine National Bank (PNB) has been implementing a “no maintaining balance” policy for overseas Filipino workers (OFWs) and their dependents since 2007.
Based on personal experiences posted by dozens of PayPal Philippines users, this post summarizes the different ways of withdrawing Paypal in the Philippines.
Our list is not limited to debit and credit cards alone. We also gathered information regarding some non-traditional methods of converting PayPal funds into cash.
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Each method is explained in detail below.
(More discussion here: How to withdraw funds from Paypal Philippines)
