How to transfer money from PayPal to bank 2023 [Free]

If you’re looking for How to transfer money from PayPal to the bank, then here is a step-by-step guide given below in this article.

Before you transfer money from PayPal to your bank account, make sure that your bank account is linked to PayPal. If it’s not linked to your account then here is, How to link bank account to PayPal App. As it got linked then you need to get a PayPal balance account, Here is, How to setup PayPal balance account. As everting gets set up, now let’s see how to withdraw money from Paypal without paying any fee, so without further ado let’s get started.

How to transfer money from PayPal to bank 2023

1) In the first step open the Paypal app & as it opens up, you’ll see the Transfer option next to your PApal balance.

2) Now enter how much amount you want to transfer from the available balance. And after that choose your speed “in 1-3 days”, because it does not have any fee. If you want to quickly transfer then there is some fee associated with it.

3) Next page, double-check your bank if you have multiple banks linked to your Paypal account. And then tap on the “Transfer Now” button at the bottom.

4) If it’s successful then you’ll get a message that “your money is on its way!” & it’ll take those funds from your PayPal balance.

FAQs

Is there a fee to transfer money from PayPal to a bank account?

PayPal does not charge a fee for standard bank transfers that take 1-3 business days to complete. However, if you need to transfer money quickly, there may be a fee associated with it.

How long does it take to transfer money from PayPal to a bank account?

Standard bank transfers typically take 1-3 business days to complete. If you need to transfer money quickly, there may be a faster option available for a fee.

Can I transfer money from PayPal to any bank account?

As long as your bank account is linked to your PayPal account, you can transfer money to any eligible bank account in the country.

What happens if my bank account is not linked to PayPal?

If your bank account is not linked to PayPal, you will need to add and verify it before you can transfer money from your PayPal account to your bank account. Follow the steps in our guide above to link your bank account to your PayPal account.

Is it safe to transfer money from PayPal to a bank account?

Yes, transferring money from PayPal to a bank account is a secure and encrypted process. PayPal uses advanced security features to protect your financial information and prevent unauthorized access to your account.