Users should not let the world transfer PayPal money confuse them, you may think PayPal has their own money now. No, they don’t have their own money, it the normal money we all use to make payment online. Transferring your “PayPal Money to Bank Account” also means to transfer “Money to Your Bank Account”. Not every of the PayPal users today do know how to transfer their PayPal money to their bank account. Well, so PayPal users do know how they could transfer their money to their bank account. Does users trying to, they do get issue with the transfer process. One main feature which allows users to transfer fund to their bank account is when they link their bank account to their PayPal account.
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After a user successfully links their bank account to their PayPal account then they can then carry the steps or process of transferring any funds to their bank account. Well there are to steps or process to do so, it either you use the PayPal instant or standard transfer process.
How Do I Transfer PayPal Money to My Bank Account
To transfer PayPal money to your bank account, PayPal may or mayn’t charge you for any fee during the transfer process. Well, some banks could or may charge their users little fees for any transfer they do from PayPal to their bank account. Users can contact their bank to get info’s about PayPal money transfer to bank account. Below we would be talking on the steps and process to transfer PayPal money instant or standard;
PayPal Instant Transfer to Bank Account
The estimated time for arrival of money after transfer is 30 minutes, which is eligible for debit card or bank account.
- After you login to your PayPal account.
- On the summary page, you will see an icon which says “Accept the Money”, and then click on.
- Some user may have a “PayPal Cash account or PayPal Cash plus Account.
- Click on it and then click on the “Transfer Money” icon.
- Then click on the “Transfer to your bank” icon.
- Under the “Instant” icon section, you will have to select either Bank account or Debit card, and then click on the “Next” icon.
- Next is to type in the amount you would like to transfer to your bank account.
- Then, make sure you do review all details you have entered for transfer process, then click on the “Transfer Now” icon.
- Then click on the “Done” icon, in order to complete the transfer process.
Users should note, PayPal does charge some amount of fees when using the instant transfer process. The step for the PayPal “Instant or Standard” transfer process are similar, but has one thing indifferent. However, it‘s the part where you have to choose if you want to use the PayPal “Instant or Standard transfer process. We would have to take the step for standard transfer process for some PayPal users. Not everyone does catch thing easily.
PayPal Standard Transfer to Bank Account
The estimated time for arrival of money after transfer is usually 1 business day, or sometimes it may take up to 3-5 business days. Well it depends on the bank clearing process making it to take long time.
- After logging in to your PayPal account.
- On the summary page, you will see an icon which says “Accept the Money”, and then click on.
- Some user may have a “PayPal Cash account or PayPal Cash plus Account.
- Click on it and then click on the “Transfer Money” icon.
- Then click on the “Transfer to your bank” icon.
- Under the “Standard” icon section, you will have to select either Bank account or Debit card, and then click on the “Next” icon.
- Next is to type in the amount you would like to transfer to your bank account.
- Then, make sure you do review all details you have entered for transfer process, then click on the “Transfer Now” icon.
- Then click on the “Done” icon, in order to complete the transfer process.
Well for standard transfer process PayPal doesn’t charge any fee.
