Withdrawing money from PayPal is a straightforward process that allows you to access your funds quickly and easily. Here is a step-by-step guide on how to withdraw money from PayPal to your bank account.
Firstly, make sure that you have linked your bank account to your PayPal account. Without this, you won’t be able to withdraw your money. To do this, go to your wallet on PayPal, and under the ‘Bank Accounts and Cards’ section, add your bank account by tapping on the plus button on the right-hand side of the page. You can then search for your bank name and follow the steps to add your bank account.
Once you have linked your bank account, you can go ahead and withdraw your money. To do this, go to the home page on PayPal and tap on your PayPal balance at the top. Then tap on ‘Withdraw’ at the bottom of the page. If you are on a computer, it might say ‘Transfer’ instead of ‘Withdraw.’ Select ‘Withdraw money’ and choose the bank account you want to withdraw your money to.
Enter the amount you want to withdraw and tap on ‘Next.’ Review your transfer and if you are happy with everything, tap on ‘Transfer Now.’ Your money will then be on its way to your bank account.
It’s important to note that there might be a small fee associated with withdrawing money from PayPal to your bank account. This fee varies depending on your location and the amount you are withdrawing.
In conclusion, withdrawing money from PayPal is a simple process that can be done through the PayPal mobile app or website. By following these steps, you can withdraw your funds quickly and easily.