Q&A for How to Transfer Money from PayPal to a Bank Account

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Can I send money from PayPal to someone who is not on PayPal?

Community Answer

No, you can't send money through PayPal to a person who does not have a PayPal account.

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Question

What fees are associated with transferring money from my PayPal account to my bank account?

Community Answer

You can expect a small withdrawal fee in most cases, with an additional processing fee as set by PayPal for your country/currency. You may also face a fee for the exchanging of currencies if the currency of the balance you wish to transfer is different than that of your bank account.

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Question

Can I send money from my Paypal account to another person's bank account?

Community Answer

Yes, as long as you have that person's account information.

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Question

What is the minimum amount of money that I can transfer to my bank account?

Community Answer

U.S. Dollars, $1.00 USD Australian Dollars, $2.00 AUD British Pounds, £1.00 GBP Canadian Dollars, $2.00 CAD Czech Koruny, 20.00 CZK Danish Kroner, 6.00 DKK Euros, €2.00 EUR Hong Kong Dollars, $8.00 HKD Hungarian Forints, 200 HUF Israeli New Shekels, ₪4.00 ILS Japanese Yen, ¥200 JPY Mexican Pesos, $11.00 MXN New Taiwan Dollars, NT$330 TWD New Zealand Dollars, $2.00 NZD Norwegian Kroner, 7.00 NOK Philippine Pesos, P50.00 PHP Polish Zlotys, 3.00 PLN Singapore Dollars, $2.00 SGD Swedish Kronor, 8.00 SEK Swiss Francs, 1.00 CHF Thai Baht, ฿36.00 THB

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Question

Where do I find the routing number and what is it?

Community Answer

The routing number is used to identify your specific bank, so when a direct deposit/wire transfer goes out, it is properly directed towards your bank. You can find them on your personal checks as well as your deposit slips personalized to your bank account. If you have an online bank account, there is usually a link to direct deposit indicating what the routing number for your bank is.

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Question

How do I transfer money from my PayPal account to my savings account?

Community Answer

Go to "Wallet" in your PayPal account. Select "Link a Card or Bank." Follow the instructions and let PayPal verify your account. Once it is verified, select "Transfer to Bank Account."

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Question

Can I send money from PayPal to a bank?

Community Answer

Only to your own linked bank account.

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Question

How many days does it take to transfer money to PayPal?

Community Answer

It takes 3 - 5 days to transfer money inside of your bank account into your PayPal account.

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Question

How much does PayPal charge to send money?

Community Answer

A linked bank account transfer will be free. Instant transfer with eligible linked debit card will be 1% of the amount transferred, with a maximum fee of $10.

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Question

What is the length of time for a tenant's PayPal payment to hit my landlord business account?

Community Answer

It will be added to your account automatically if you have registered your account with PayPal.

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