PayPal is a platform that supports online money transfer from all over the world. It is an alternative to bank-to-bank transactions and other paper methods like money orders and cheques. Paypal can be used in sending money as payment for goods and services, for online shopping, for requesting payments and many more. Funds available can be withdrawn in banks or can be sent PayPal to PayPal.
In here, I am going to show you how you can withdraw your available funds in PayPal. But first and foremost, you need to set-up a PayPal account before you can make any transaction with it.
How to Withdraw Funds from PayPal
Here are the steps on how you can withdraw your available funds on PayPal.
Step 1. Login to your PayPal account.
Step 2. On the left side of your account overview, click Add Bank Account or Card.
Step 3. Add a bank account or credit card.
Step 4. Fill up the bank details and press continue. The bank account name should match the name of the PayPal holder.
Step 5. After adding a bank or a credit card, you can now withdraw your funds. To withdraw, go back to your account overview. Click withdraw funds.
Step 6. Enter the amount you want to withdraw and click OK.
Step 7. PayPal will send you a confirmation that your request to withdraw is already on the process. You will need to wait 3-5 business days depending on the bank’s policy.
Step 8. Once the funds have been transferred to your account, you will receive an email that the transaction has been completed. Or, you can go back to your PayPal account overview and you will see your recent transaction on the list of completed transactions.
That’s how you can easily withdraw your funds from your PayPal account. You can also choose not to withdraw it because PayPal can be used as is to pay for your bills, shop online or send money and payments.
If you have any question, do not hesitate to ask us. We’ll be glad to assist you with everything regarding this topic.