How to transfer money from paypal to bank account on app

If you don’t have a PayPal debit card, you might not be able to make full use of your PayPal balance. A quick way to access your funds is to move the money to another account or card. Here’s how to transfer money from PayPal to your bank account.

Read more: What you need to know about PayPal

How to transfer money to your bank account from the PayPal app

How to transfer money from paypal to bank account on app

Open the PayPal app, and on the homepage, look for the PayPal balance section. Tap Transfer below the amount shown.

How to transfer money from paypal to bank account on app

Type in the amount you want to transfer and select your bank account. Tap the blue Transfer button at the bottom of the page. You will have the option to complete the transfer for free if you’re willing to wait for one to three business days. PayPal charges a 1.5% fee (up to $15) for an instant transfer.

Transfer money to your bank account from the website

How to transfer money from paypal to bank account on app

Log in to your PayPal account on the website. Look for the balance section, and click Transfer money->Transfer to your bank.

How to transfer money from paypal to bank account on app

Type in the amount you want to send, choose the bank account, and click Transfer now. PayPal will let you know how much the fee is for an instant transfer. A free bank transfer will take one to three business days.

How to transfer money from paypal to bank account on app

FAQs

You can transfer money to your bank account for free, but you will have to wait for one to three business days. PayPal charges a 1.5% fee (up to $15) for an instant transfer.

You can instantly get your money in your bank account if you pay a fee. You will have to wait for one to three business days if you opt for a free transfer.

PayPal might have placed a payment hold on your account. Log in to your PayPal account and check the Resolution Center to see if there are any limitations that you need to clear.

PayPal limits bank transfers to $25,000 per transaction. This is significantly higher than the limit for debit card transactions, which are limited to $10,000 unless the PayPal account is verified.

How do you I transfer money from PayPal to my bank account?

Start the PayPal app on your phone and log in, if needed..
Tap your PayPal balance. Open the app and tap your balance. ... .
At the bottom of the screen, tap "Transfer," and then tap "Transfer Money." ... .
Tap the bank account that you want to transfer money to and then tap "Next.".

How do I transfer money from PayPal to my bank 2022?

At a Glance: To withdraw money from PayPal, (1) log in, (2) click Transfer Money, (3) click Transfer From PayPal to Your Bank Account, (4) choose Instant or Standard, (5) type in the amount you want to withdraw, (6) click Next twice, (7) click Confirm.

Can I transfer money from PayPal to other bank account?

PayPal lets you withdraw money via bank transfer or paper check. When requesting your PayPal balance be transferred to your bank account, you can choose an instant transfer (for a fee) or a standard transfer, which can take longer. Visit Business Insider's homepage for more stories.