Withdraw your Paypal funds to your Local Bank Account

I know this information was released last January 2008 but I am posting this "good-to-know" information because I have tried it myself and would like to inform other Filipino freelancers out there that there is an alternative way to withdraw your Paypal funds aside from credit cards or debit cards.

You may way to check out this page which gives the detailed steps for you to Withdraw your funds to your Local Bank Account

http://pages.ebay.ph/bankwithdrawal/

And I am quoting this from the same page:

"For Philippine users, withdrawals of PHP 7,000 or more are free. For withdrawal amounts less than PHP 7,000 there will be a fee of PHP 50. For Indonesian users, withdrawals of IDR 1.5 million or more are free. For withdrawal amounts of less than IDR 1.5 million, there will be a fee of IDR 16,000."

Now the important thing that you need to indicate on that is your bank code. So here is a complete list :
Bank Codes of Major Banks in the Philippines

Sounds cool? Please share your thoughts. =)