How do I withdraw funds from my PayPal account?
You can withdraw Hong Kong dollars from your PayPal account to your local bank account, or U.S. dollar from your PayPal account to your US bank account.
To withdraw money from your PayPal account:
- Go to Wallet.
- Click Transfer funds.
- Select Instant or Standard.
- Follow the instructions.
To withdraw money in the app:
- Tap your PayPal balance.
- Tap Transfer Money.
- Follow the instructions.
The Instant transfer typically takes a few minutes to complete (up to 30 minutes).
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 funds from your PayPal account:
- For Standard transfers: the minimum amount you can withdraw is $80 HKD. If the withdrawal amount is $1,000 HKD or above, there is no fee. If you withdraw less than $1,000 HKD, you'll need to pay a fee.
- There is a fee for each Instant transfer.
- If you have a bank account in the U.S., the minimum amount you can withdraw is $1 USD. The funds will be credited to your bank account within 1 working day. There will be a fee for each withdrawal.
- Your bank may charge a fee to receive money from PayPal. Please ask your bank about fees for electronic money transfers.
- If the bank cannot process your request due to incomplete or incorrect information in your withdrawal details, the money will be returned to your PayPal account (a return fee may apply in this case).
- Once you have requested a withdrawal, it cannot be cancelled.
All transfers are subject to review and could be delayed or stopped if we identify an issue.