How to withdraw money from PayPal To bank account

How to withdraw money from PayPal ? PayPal is one of the world’s most popular electronic money transfer services, and it works with everyone from online retailers to friends and family who wish to send money to one other. Furthermore, it ensures that transactions are conducted in a secure manner.

You have two options when withdrawing money from PayPal: a bank transfer or a paper check in the mail. Either of these options will work, but a paper check in the mail may take longer to arrive, and you may need to pay the fee.

Below, we’ll go over the steps for transferring your money to a bank.

How to withdraw money from PayPal

1. Choose between instant and standard bank transfer

There are two different transfer speeds for transferring to a bank account: instant and standard. The instant transfer option charges 1% of your balance transfer with a maximum of $10 per transaction, and you’ll receive your funds in about 30 minutes. The standard option is free to use but will take up to 1 business day.

2. Link a bank account to your PayPal account

Once you are logged into your PayPal account, click on the “Money” link and then “Link bank new”. Choose from the list of banks provided or click “I have a different bank” if you don’t see it listed.

Then, select the account type – checking or savings – and enter your account information. You will need to wait for PayPal to confirm your bank account before you can withdraw the funds.

3. Confirm your bank account

PayPal will confirm your bank account by sending two small deposits, no more than $0.99. Check your bank account after two to three business days to see your PayPal deposits, then sign in to your PayPal account to confirm these amounts.

To do this, click on “Money” after logging in to PayPal, and then click on the bank account you want to confirm. Enter the two deposit amounts that were made.

4. Make a transfer

To transfer money to your bank account, click on “Withdraw Funds” directly via your PayPal balance . Choose whether to make an instant or standard transfer – only eligible bank accounts can choose an instant transfer, and you should be able to see if your accounts qualify.

Once you have selected the bank account that will receive your money, select the amount you want to transfer. Review your application, then click Transfer. Your funds should arrive within 30 minutes if you make an instant transfer and within 1 business day if you make a standard transfer.

There may be a delay if PayPal has any conversion issues. For example, PayPal may need to check recent changes you made to your settings, you may need to search twice if you are receiving an unusually high amount of money, or you may need to be very careful if you log in from an unsecured network. Also, if you request a transfer on a weekend, holiday, or after 7 p.m. EST, then your transfer may take longer.

5. Request a check

To request a check, log into your PayPal account and on your summary page, click Accept Funds if you do not have a PayPal Cash or PayPal Cash Plus account. If you do, click Transfer Money.

Then, click on Request Verification by Mail. Select the amount you want to withdraw, fill in your postal address information, and submit the request once you have reviewed and confirmed your transaction request.

You may be charged for this option, so check PayPal’s updated fee list to see how much you can pay.

you can find more information here : https://www.paypal.com/uk/smarthelp/article/how-do-i-withdraw-money-from-paypal-to-my-bank-account-faq1189