View Full Version : how to transfer money from paypal to my bank?
taifa t
10-21-2007, 08:30 PM
i have on some money on paypal and i want to transfer it to my bank. HOW?
i only give them my bank card do i have to give them my bank detail in order for me the send money to my bank and do i get charge for this?
Rolsy
10-21-2007, 08:33 PM
They do not charge if you transfer £50 pounds or more.
You can choose the transfer money option and follow the instructions from there.
Kudzu Heathen®
10-21-2007, 08:34 PM
You go to your PayPal account and click on the tab that says "Your account". It will have a list of choices, one of which is "withdraw". You can actually spend the money straight out of PayPal, no need to transfer it, unless you really want to.
There is no charge for a transfer, but it takes 3 or 4 days to post to your account.
Sweetie
10-21-2007, 08:34 PM
In order for paypal to deposit money into your bank, they'll need your bank routing# and bank account # or how will paypal know who and where to send the money?
+++LP+++
10-21-2007, 08:34 PM
you get a charge from paypal to transfer money below £50, any higher no charge also you will have to give them all your bank details of the account you want the money transfered into
dcrc93
10-21-2007, 08:34 PM
yes you have to give your back info so they can send it
i do it alot myself
been very easy and safe
no charge the last time i used it
Angel A
10-21-2007, 08:34 PM
I think it depends on how much and how often you want to move money. For small infrequent amounts they do it one way but for larger amounts in a month you have to verify your bank details with them
ra16297845
10-21-2007, 08:35 PM
Read the instructions on your bank web site, if this will not help, try calling the bank on the telephone. It's easy.
eliza
10-21-2007, 08:35 PM
You have to give them routing numbers and account numbers. Since the PayPal fees were already taken out of the money, it does not cost to transfer. It does take 3-5 days, though.
clive b
10-21-2007, 08:35 PM
log onto pay pal account select with drawl it should com up with a selection of items to pay to
gavmel259
10-21-2007, 08:35 PM
Your paypal will only pay into the account of the registered card.
There will be an option to withdraw money in your paypal account. It will take up to 5 working days and won't cost if it is more thatn £50.
old know all
10-21-2007, 08:36 PM
You need to register a bank account with them. There's no charge, but it takes a few days. They verify your account by putting a 1p transaction through and asking you to quote the reference number from your bank statement. (If you've got online banking you can do it straight away). Once it's verified, you can transfer the money from paypal.
Alternatively, you can spend it on eBay or with anyone else who accepts PayPal.
orangecrush
10-21-2007, 08:38 PM
You won't be charged but they will need updated info about your bank such as your routing number and account number.
Go into Pay-Pal site then enter into your profile and update info. Then it shouldn't take but 3-4 days to show in your acct.
DAVID H
10-21-2007, 08:47 PM
I had this problem and wasn't sure what to do. I contacted the accounts dept via E mail and they sent me the instructions in their reply. I printed them off and followed the instructions and I successfully transferred my pay-pal account money back into my own bank account.
David Henderson
Domino
10-22-2007, 12:37 AM
before you do that, you should sign up for their moneymarket account as it pays almost 5%. plus they give you a debit card and if you use it like a credit card you get a 1% rebate. you won't get those rates at your bank
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