Tuesday, May 28, 2013

How to Transfer Funds From Paypal to a Bank Account


1. To complete the transfer of funds you will need to have a confirmed bank account set up with paypal. Check my resources below if you need information on setting up and confirming your bank account with paypal. If you already have done this, continue to the next step.
2. Log in to your paypal account and click on the My Account tab. Below the tab a sub menu will appear, mouse over the link that says "Withdraw". A drop down menu will appear, select "Transfer to Bank Account".
3. You will be taken to a new page "Withdraw Funds By Electronic Transfer". On this page you will enter the amount you would like transferred and the bank account you would like the funds transferred to. After you have filled out this page click on the "continue" button.
4. You are now at the confirmation page. Here you will review the details of your transfer. Once you have decided that all the information is correct, hit the submit button to complete the transaction. Your funds will arrive in your bank account within 3-5 days.

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