Adding a bank in PayPal is easy especially if you are a POSB/DBS client. But first, you need to know some bank codes to be able to proceed. I did not easily find the needed information from the DBS website (I know it’s somewhere there but I just can’t find it even after scouring the ibanking system). Luckily, UOB has a list of the codes needed as pointed out in the PayPal forum.
So in case I need it again, I’m posting it here. It’s not just for my benefit but also for those who happen to stumble in my site.
Bank Name : Post Office Savings Bank
Institution Code : 7171
Branch Code : 081
Account No : [your 9 digit account number without the dashes]
IMPORTANT NOTE:
- All POSB branches have the same branch code — 081. The actual branch is embedded in the 9-digit account number.
- This is only applicable for POSB accounts with 9 digits account no. Those with 10 digit account numbers must refer to their own respective branches.
- Your account name in this form should be the same as your account name in your bank. Otherwise, there will be a SGD5 return fee that will be charged on your paypal account.
For reference, here’s the screenshot of PayPal’s add bank account screen.
You want to see the full list HERE. It’s quite handy especially for UOB and DBS Clients. Here’s the actual URL.
http://www.uobgroup.com/assets/pdfs/global/achcode.pdf
By the way, be aware of the reminder/disclaimer posted by UOB.
PLEASE NOTE: UOB will not be held responsible for any errors or omissions that may appear in the guide. For updates of the codes, please refer to www.uobgroup.com/ACHcodes.
For DBS enquiries, please call 1800 339 6666. For OCBC enquiries, please call 1800 438
3333.
thanks for the much needed information. this is very helpful as i have no idea about the process of claiming an affiliate commission from paypal to my bank.
thanks bro.
no probs, jerome. saw your site. you got nice placement of affiliates there. later, i might do the same. :d
Thanks for sharing information regarding PayPal. I really appreciate your thinking by giving such a useful information in your post.
Beneficial!!! Bookmarked this side that has this bloody good facts. On check in back to last if there are any updates. You, the writer, are a master. Thanks
hello! Would like to ask, for the bank name part, its kind of tricky cause let’s say I am a posb user but now that POSB is under DBS, Do i still use POSB? And I called the DBS customer service twice to check, cause I decided to go with what you wrote about the bank name as: Post Office Savings Bank.
the first officer told me to write: DBS Bank
Another say write only: POSB
(She say : Post Office Savings Bank does not exist??)
I am really confused!
So, if I wrote : Post Office Savings Bank, I could still successfully link to bank account? & transfer funds,etc?
Thank you for sharing these useful information, But I am still confused for now
Curios, I’m using Post Office Savings Bank and I get receive all my withdrawals just fine. What’s important is the institution code and branch code. And of course, your account number and account name. Both DBS and POSB has the same institution code (7171).
Thank you so much for posting this! I was frantically trying to find out how to withdraw from my paypal and I was so frustrated about being unable to find the info. This helped me alot!!
glad it helped you as much as it did to me.:) happy earning!
whats the code
Did you read the post? The branch code is 081. The institution code is 7171.
Thanks for the Institution code and the branch code ! I finally got my Paypal account signed up
i really stumbled into your post… really helped me alot regarding the codes as i really needed to withdraw the money…. broke….
I have to say im stunned. I been finding this info for a year and a year ago, if your article is release and i could have bought all the things that i want. A year later, i found this site. What’s mine is mine! I thank you for your brilliant post!
Thank for tt much needed info. By the way, regarding the name part. My bank name is my full name, but paypal just want only my first and surname. Is tt alright if i just give my first and surname and not my full name?
It should be the full name. The name here should be the same as what’s on your bank. So if your middle name is Cruz, you should supply the following info
Lastname : EMPORIO
First Name : DARYL CRUZ
hopes this helps.
Hi can you save me ?
My register for this card name was Jovi Tan Zhi Hao On Card was Jovi Tan
On paypal they didnt ask for first or last name
Jus a Rectangle Box and my surname is Tan either Jovi Tan or Tan Jovi that can be choose….i believe i put either both is wrong rite? mus be Jovi Tan Zhi Hao Or?
did you try
LASTNAME : TAN
FIRSTNAME : JOVI ZHI HAO
What’s important here is the registered name. Not the name in the card. If you think you are still confused, you can consult your bank. They are well aware about it.
i created a new acc now become Tan [Jovi Tan Zhi Hao] Or Jovi Tan Zhi Hao Tan
it seem its impossible for me to create Jovi Tan Zhi Hao in paypal account name
Thank you so much for sharing this information. I was googling it while setting up my bank account info in paypal and there you are – a saviour. THANK YOU!!!!
Thanks so much. Save me the trouble of searching the web for the codes….xie xie.
thank you very much for this~~headache by finding it ((:
Hey, Just wanna say thank you for the infor (:
I really appreciate it ^^
thanks!