For you to get cash from your PayPal account, you would have to move the money to the bank account linked to it. However, I will be showing you a simple guide on how to transfer money from PayPal to the bank instantly.
PayPal is one of the platforms that you can use to send or transfer money to anywhere in the world. It supports PayPal to bank transfers, bank to Paypal transfers, as well as a lot of other transfers. However, one thing that most people prefer for PayPal to bank transfers is that they are actually very swift and in no time, you get to see your money. This has led us to come up with this article on how to transfer money from PayPal to the bank without any stress. So, without further ado, let us proceed.
Can You Transfer Money From PayPal To A Bank Account?
Yes, you can actually transfer money from a PayPal account straight to a bank account. PayPal allows for the transfer of money into bank accounts. Later in this guide, I will show you how to transfer money from PayPal to the bank.
Requirements On How To Transfer The Money From PayPal To The Bank
Before you can transfer money from a PayPal account to a bank account, few requirements must be met. Below are the requirements involved in transferring money from PayPal to bank.
- A valid PayPal account.
- A fully funded PayPal account.
- A bank account.
- An internet connection.
How To Transfer Money From PayPal To The Bank Account Using The PayPal Mobile App
Using the PayPal mobile app, you can transfer money from your PayPal account straight into your bank account without any stress. Below are steps on how to transfer money from PayPal to bank account using the PayPal mobile app –
- Open the PayPal mobile app.
- Log in to your Paypal account.
- On your PayPal account dashboard, click “Send Money”.
- Tap “Transfer To Bank Account”.
- Select the bank that you will be transferring the money to.
- Enter the details of the bank account which you will be sending the money to.
- Click on Send money.
- Enter the amount which you will be sending the money to.
- Click on “Send Money”.
How To Transfer Money From PayPal To Bank Account Using The Paypal Website
Aside from the mobile app, you can also transfer funds from PayPal to your bank account using the official PayPal website. Below are steps on how to transfer money from PayPal to bank account using the PayPal web version.