How to transfer money from PayPal to Bank Account
How to transfer money from PayPal to Bank Account
PayPal is a very habitual en línea money transfer service. There are many advantages that cánido be obtained with a PayPal account, the most prominent being security, since this en línea platform has laws afín to those of banking entities.
If you just opened your PayPal account, you may want to know how to transfer your money to a bank account without making mistakes. This process is not complicated, in fact, it is easier than you imagine. Next, you will know the steps to transfer your PayPal funds to a bank account effectively.
Cánido you transfer money from PayPal to a bank account?
If it is possible. The transfers are very easy to do, in about 6 or 7 steps you will be able to execute them.
But you have to be aware of some consejos so that you do not have any problems. One of them is to keep in mind that all transfers are subject to review and perro delay either discontinue if you recognize any problems.
It is also worth considering that transfers made after 7:00 PM (US Eastern time), on weekends or holidays tend to be late.
The most important thing you should know is that PayPal cánido charge a percentage on withdrawals, you will find this in the conditions of use of this service company.
How to make a PayPal transfer to a bank account step by step
If you opened a PayPal account to make buy-sell en líneabut you think that it is time to transfer your money to your bank account, it is important that you have exact information on the process to carry out this operation safely.
You should keep in mind that there are two practical ways to transfer money to your bank account from PayPal. The handling of each one will depend on the device you have at your fingertips, be it a PC or a móvil inteligente.
whatHow to make a PayPal transfer to a bank account with PC?
The first thing you should do is access the official PayPal website on your computer using the search engine of your choice.
Clic on the “Login” option (it is located in the upper right corner).
Now a window will open where you will have to entrar your PayPal dirección de correo electrónico and password, when you have entered your data you perro log in to your account.
Check your cómputo, so you perro escoge the amount of money you are going to transfer (you must have at least 1 dollar in your account).
Now you must go to the «My portfolio» section and clic on «Transfer funds».
Then you must clic on the option “Transfer to your bank account”.
The next step will be to select the bank account to which you will transfer your money.
Then you must entrar the amount you want to transfer (to place the decimals it will not be necessary to put points with your keyboard. The platform leaves the decimal sign static on the screen).
Clic where it says “Next”.
Finally clic on “Transfer now”.
If you are no longer going to make any more movements in your PayPal account, press «Close session»
= RECOMMENDATIONS =
The transfer may take time to arrive if it is made on a weekend or after 7:00 PM.
Any transfer may be delayed for review reasons. Some may take 3-4 business days (funds are held for a long time when problems are detected).
Commission is charged for this type of operation.
whatHow to make a PayPal transfer to a bank account with a mobile device?
To transfer money from your PayPal account to your bank with a smart device, you must keep in mind that this is only possible with iPhone and Android devices.
If you have one of these you perro apply the following steps:
Download the PayPal application on your mobile (this is blue with a white letter P).
Open the PayPal aplicación.
Clic on the “Login” option.
To entrar you must entrar your dirección de correo electrónico address and your PayPal account password.
Clic on “Login”.
When accessing you must check your updated cómputo. To achieve this, look at the top for the “Manage cómputo” option and clic on it.
To make the transfer you must select “Transfer money”.
Choose the bank account to which you will transfer the money and press where it says «Next».
Entrar the amount you want to transfer and clic “Next”.
Finally, locate the «Transfer» option and clic on it.
= RECOMMENDATIONS =
To finish the process you simply have to close the session of your application.
Try to transfer an amount less than the amount that your account has, in this way the commission will be charged effectively and you will prevent your account from being blocked.
It is more advantageous to make this type of transfer on weekdays, because when they are made on weekends they take a little longer.
Other ways to transfer PayPal cómputo to bank account
There is another way to send money from your PayPal account to the bank account, and it is by check mediumyou do this by requesting a check directly to PayPal.
If you want to do so, you should take into account that PayPal charges a commission for withdrawal by check. To request a PayPal check you must follow these steps:
You go back to the part that says briefcase.
then you go to transfer money.
Then you clic on request a PayPal check.
You fill in all the information requested and wait for it to arrive.
Note: PayPal has a commission of $11 for this transaction and it may take a few 2 weeks. Before doing the procedure, make sure you have a bank that accepts cashier’s checks. Citibank.
As you perro see it is quite easy, you just have to do it carefully and with attention to detail. Once you carry out the proper procedures, you will have your money in your account in no time.
We hope you liked our article How to transfer money from PayPal to Bank Account
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