How to Transfer Money from Paypal to Bank Account ?
How to Transfer Money from Paypal to Bank Account ?
Paypal, the most secure way to do transactions online without revealing credit card details.
Paypal allows the users to withdraw money to their Bank accounts. If you have got funds in your Paypal account and want to withdraw it to any bank account, you can request for a process of fund withdrawal and the money should get deposited in your account within 7 business week.
Paypal deducts a small fee of Rs. 50 if the total withdrawal amount is less than 7000 INR.
Before fund withdrawal, you need to add a bank account to Paypal.
Once you have added a Indian bank account to your Paypal account,you can follow the below steps to request for a fund withdrawal.
Login to your Paypal account
Click –> Withdrawal under “My Account” tab
Click –> first option which says “Withdraw funds to your bank account”
Enter the amount to withdraw and select a bank account
Click –> Continue to proceed to the final step
Paypal will display the withdrawal amount in your local currency
Click Withdraw to complete the withdrawal process.
Normally it takes 3-4 days to get the fund deposited in your bank account.
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“Paypal allows the users to withdraw money to their Bank accounts. If you have got funds in your Paypal account and want to withdraw it to any bank account, you can request for a process of fund withdrawal and the money should get deposited in your account within 7 business week.”
This statement is wrong, it do not take more than 7 business days. Sometimes you get fund in 3 days.