How do I withdraw money from my PayPal account?
To withdraw money from your PayPal account:
- Go to Wallet.
- Click Transfer Money.
- Click Transfer to your bank.
- Follow the instructions.
To withdraw money on the app:
- Tap your PayPal balance.
- Tap Transfer Money.
- Tap Transfer to bank.
- Follow the instructions.
A standard transfer is usually completed within 3-5 working days. Sometimes it can take longer, depending on the bank's clearance process.
Here are a few tips regarding withdrawing money from your PayPal account:
- Make sure to add your bank account to your PayPal account before initiating the withdrawal.
- For a successful withdrawal, the name on your PayPal account must match the name on your bank account.
- We only support transfers in local currency. If you withdraw money from a foreign currency balance, there will be a conversion fee.
- You can’t cancel a request to withdraw money.
- PayPal does not charge any fees when you transfer money from your PayPal account to your bank account, but some banks may charge a fee for electronic transfers. Contact your bank directly for more information.
- If your bank information is incorrect or if the name on your bank account does not match that on your PayPal account, your transfer will be returned and you will be charged a fee.
All transfers are subject to review and could be delayed or stopped if we identify an issue.