Probably, you got money in your PayPal account or perhaps somebody you know sent you some money and you want to withdraw it. In this article, we will show you the two processes of the PayPal Withdrawal and also important things to change notes of. However, PayPal Withdrawal is a process of taking out money from your PayPal account. However, you’re entitled to withdraw any sum of the amount in your PayPal account to your normal bank account.
Nevertheless, in other, for you to have a hold-off of the PayPal cash, there are two options, either you decide to transfer the sum of the amount you want to withdraw to your bank account or make use of the debit card linked to your PayPal account in other to withdraw the money using the ATM. However, it’s important you’re aware of the PayPal Withdrawal fees. The flat rate if you want to sell to customers in Singapore includes a rate of 3.9% + $0.50 SGD. While selling for international customers includes a rate of 4.4% + fixed fee. However, the fixed fee depends on the type of currency of payment you want to collect or withdraw. Lately, people do as questions like How do I withdraw money from my PayPal account balance? In this article, we will be letting you know about that respectively.
Type of Ways to Withdraw Money from your PayPal Account
Without wasting much time, just like we mentioned, above, there are two ways of withdrawing funds from your account either a Singapore account or an international account. here are the two methods used in withdrawing money:
Standard transfer to your bank account: PayPal Withdrawal
One of the options uses in withdrawing PayPal cash is by transfer the money to your bank account linked to your PayPal account. all you need to do is access the PayPal Withdrawal option and transfer the PayPal balance to your normal bank account. within 3 to 5 business days, the money will be successfully transferred to your bank account.
Instant transfer to the debit card:
Just as I mentioned earlier, besides transferring the money to your bank account, you can as well transfer the money to your debit card. This will allow you to withdraw the money from the nearest ATM near you. The eligible debit card includes the Visa or Mastercard attached to your PayPal account. However, the use of the debit card appears faster than transferring it to your bank. Because within 30 minutes the money will be available on your selected card.
How to Access the PayPal Withdrawal
One of the facts about PayPal Withdrawal is that once you’ve made a withdrawal statement or requested, it can’t be canceled. However, in terms of transfer funds to your debit card, you require to use Visa or Mastercard debit card.
Withdraw funds your computer:
- Simply go to your account page and click Wallet. *
- Next, select the option Transfer Funds.
- Afterward, click Transfer to your bank account or Debit Card.
- Lastly, you see an instruction, the fill out the instruction to complete the transfer.
Here’s how to withdraw funds on the PayPal app:
- Open the PayPal app on your mobile phone.
- From the screen, you can log in to your account.
- Next, click PayPal balance.
- Also, click on Withdraw Funds.
- Next, go through the instruction to withdraw money.
Furthermore, keep in mind you’re not allowed to transfer funds to your credit card. Also, while selecting a debit card, the instant transfer is actually determined by the rightful owner of the debit card.