How to transfer money from paypal to someone elses bank account

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Link your bank account and move funds with a few clicks
What to Know
Link Your Bank Account and PayPal Account
How to Transfer Money From PayPal Into a Bank Account
Things to Remember When Transferring Money From PayPal
Timing PayPal Transfers to Your Bank Account
Fees Associated With Transfers From PayPal
When PayPal Intervenes During Transactions
How to Transfer Money from PayPal to Bank Account from Your Browser
Step 1. Link an Eligible Debit Card and/or Bank Account
Step 2. Go to Your PayPal Wallet to Begin Your Transfer
Step 3. Decide How You Want to Transfer
Step 4. Enter How Much You Want to Transfer
Step 5. Double Check Your Transfer Details
Step 6. How Long Does It Take for PayPal to Transfer to Your Bank Account?
How to Transfer Money from PayPal to Bank Account from Your Mobile App
Step 1. Log Into Your PayPal App
Step 2. Tap Your PayPal Balance
Step 3. Tap “Transfer”
Step 4. Indicate Where You Want Your Money Transferred to
Step 5. Enter the Amount You Want to Transfer
Step 6. Double Check Your Transfer Details
Key Takeaways
How do I transfer money from my PayPal account to someone else?
Can you send money from PayPal to someone who doesn't have PayPal?
How do I transfer money to someone else's bank account?

173 people found this article helpful

Link your bank account and move funds with a few clicks

Updated on December 13, 2021

What to Know

Link your bank account (or your bank card) and PayPal account.
Log in to PayPal. On the Summary page, select Transfer Money. Choose Transfer to your bank and select your linked bank account.
Enter an amount and choose Next to confirm the transfer.

This article explains how to transfer money from PayPal to your bank account. These instructions apply to PayPal in a web browser, but the process for moving money to your bank account in the PayPal app is similar.

Link Your Bank Account and PayPal Account

Before you can transfer money to your PayPal account or from your PayPal account to your bank, you'll need to link the two. Connect your PayPal account with either your bank account or your bank card. PayPal does not charge a fee for this service.

How to Transfer Money From PayPal Into a Bank Account

After linking your PayPal and bank accounts, transferring funds requires only a few steps.

Go to the PayPal login page, enter your username and password, and select Log In to continue.
From the Summary page, click Transfer Money below your PayPal balance.

If you don't have a PayPal balance account, you might see an option to Accept the Money instead.
Select Transfer to your bank and choose the bank account to which you want to transfer money.
Type theamount of money that you want to transfer and select Next to confirm it.

Transferring money to your account takes a few clicks, but there are a few stipulations. You'll need to transfer at least $1 from PayPal to your bank account, and transfers made after 7:00 p.m. ET take longer to process.

Things to Remember When Transferring Money From PayPal

While moving money out of your PayPal account is straightforward, keep these other details in mind.

Timing PayPal Transfers to Your Bank Account

PayPal transfers the money from one account to another, and, depending on your bank, this may take time. If you have any pending payments about to hit your PayPal account, this may cause you issues, so do your math before you trigger a transfer.

Transferring money to your bank account isn't instantaneous if you choose the standard transfer, which can take one to three business days.

If you're pressed for that money, connect your PayPal account with your debit card. Those transfers usually go through in about 30 minutes, as long as it isn't after hours or a federal holiday.

Fees Associated With Transfers From PayPal

While PayPal doesn't charge you to make a transfer, check with your banking institution. Depending on your account type, you may encounter charges from your bank for electronic transfers.

To accelerate the process, request an instant transfer and pay the associated fee. Instant transfers from PayPal to your bank account typically take a few minutes.

When PayPal Intervenes During Transactions

PayPal reserves the right to stop or stall transactions if they suspect suspicious activity. You'll need to reach out to customer support and deal with the issue directly in those cases.

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Payments
How to Transfer Money from PayPal to Bank: A Step By Step Guide

June 28, 2021

New to PayPal? It’s exciting to see the money fly in. Here’s how to transfer earnings to your bank account.

Receiving online payments through PayPal is quite a rush. Don't you love that “ka-ching” noise from your phone every time you receive payment? That's just one of the reasons why millions of people love it as a prime choice for payment processing.

Having a padded PayPal wallet is great, but how do you safely and simply move funds to your bank account? Can you withdraw to an international bank account?

Here is our step-by-step guide.

Here’s What We’ll Cover:

How to Transfer Money from PayPal to Bank Account from Your Browser

How to Transfer Money from PayPal to Bank Account from Your Mobile App

Key Takeaways

How to Transfer Money from PayPal to Bank Account from Your Browser

Step 1. Link an Eligible Debit Card and/or Bank Account

You don’t have to have a linked bank account or debit card to start receiving money via PayPal. But, connecting your account to your PayPal wallet enables you to receive more money and is essential to make transfers to your bank account.

PayPal will prompt you to set up a direct debit order with your bank account to allow money to flow freely between your accounts.

Note: You cannot do electronic funds transfers without a confirmed bank account.

Step 2. Go to Your PayPal Wallet to Begin Your Transfer

Hover your cursor over the “Pay & Get Paid”, and select “transfer money” from the dropdown menu.

Step 3. Decide How You Want to Transfer

Once you click “transfer money” you will see your available bank accounts and cards you can send your cash withdrawal. You will also see the option to have an instant transfer or a standard transfer.

Now, is there a fee for withdrawals? To quickly break it down:

Standard transfer to bank account - fee free transfer
Instant transfer to bank account - 1% fee on the amount you're transferring
Instant transfer to debit card - 1% fee on the amount you're transferring

Step 4. Enter How Much You Want to Transfer

After clicking the account you would like to send your money to, you must enter the amount you are transferring.

For those who accept foreign payments: PayPal accepts dozens of currencies so you can accept money from customers as best suits them.

If the money that is currently in your account is in foreign currencies, there will be an additional cost on top of the exchange rates. The currency conversion fee is generally 1.5%. The screen will show you how much you will be receiving in your local currency in your bank account.

Step 5. Double Check Your Transfer Details

The final screen will show you:

The amount you are transferring to your account
Any transfer fees
The final amount that will reach your account
Which eligible bank you are sending your money to

If it all looks good, click “Transfer Now” to begin the process. If not, you still have time to fix any mistakes by clicking “back”.

Step 6. How Long Does It Take for PayPal to Transfer to Your Bank Account?

Now for the waiting game! The wait varies from country to country. PayPal to bank transfers have different waiting times depending on how you chose to transfer funds:

Standard transfer - generally the clearing process is 1-3 business days (sometimes up to 3-5 business days)
Instant transfer - up to 30 minutes

If your money hasn't arrived within 5-10 business days, contact customer services.

After you order the transfer, you will get an email notification and confirmation link.

How to Transfer Money from PayPal to Bank Account from Your Mobile App

Transferring money from your PayPal account to your bank is even easier on mobile.

Step 1. Log Into Your PayPal App

Step 2. Tap Your PayPal Balance

Your balance will be the first thing you see when you enter the app.

Step 3. Tap “Transfer”

You can find this button at the bottom of the screen.

Step 4. Indicate Where You Want Your Money Transferred to

The next screen shows you your available transfer options. They are the same as the desktop version. As long as your bank account is linked, it will appear as an option.

Step 5. Enter the Amount You Want to Transfer

On the next screen, PayPal will prompt you to enter the amount of money you want to transfer. Click “enter” when you are done.

Step 6. Double Check Your Transfer Details

Just like the desktop version, you have the chance to check if the transfer details are correct. When you’re ready, click “transfer now” to start the process.

Key Takeaways

You’ve worked hard to earn money in your PayPal account and now it’s time to enjoy it! Transferring money from PayPal to your bank is a simple process. The instant payment option comes at a cost. But if you don't mind a longer transfer time, a standard transfer has 0 fees!

How do I transfer money from my PayPal account to someone else?

PayPal to PayPal.

Enter the email address of the PayPal account to which you are transferring the money..

Enter the amount you wish to transfer..

Select the “I'm sending money to family or friends” option..

Can you send money from PayPal to someone who doesn't have PayPal?

With PayPal, you can send money to anyone with an email address or a mobile phone number. The recipient doesn't even need a PayPal account to get started, and there are no fees for you if you pay with your PayPal account balance or bank account.