How To Withdraw Money From PayPal To Your Bank 2024

Are you looking to transfer your PayPal funds to your bank account?

PayPal offers a convenient and straightforward process for withdrawing your money. Whether you need the funds instantly or can wait a few days, PayPal provides options that suit your needs.

In this article, we will guide you through the steps to withdraw funds from your PayPal account to your bank.

Learn More: Robinhood Retirement 3% Match

Robinhood is a popular "all-in-one" investing app.

While they are most well-known for their commission free stock trading, they've recently shaken up the Retirement Investing World too.

Introducing Robinhood Retirement; home of the biggest IRA match on the market.

Here's what you need to know:

• Robinhood offers 2 types of retirement accounts - the Roth IRA and Traditional IRA
• All Robinhood investors will get a 1% Match on what they Contribute or Transfer
• Robinhood Gold members will get a 3% Match - the biggest on the market

And don't worry, this comes with a Portfolio Builder Tool. You don't have to construct your investment portfolio from scratch if you don't want to.

Lastly, you'll even get a free stock worth up to $200 when you open a new Robinhood account using our link.

Best Free Stock Promotions

Brokerage	Promotion	Link
	1 Free Fractional Share Worth Up To $200	Learn More
	Earn Up To 40 Free Fractional Shares	Learn More
	5 Free Stocks When You Deposit $100+	Learn More
	$20 Bonus When You Invest $5+	Learn More

1. Open PayPal App

Begin by logging in to your PayPal account using the PayPal app on your mobile device.

On the home screen, you will see your current PayPal balance prominently displayed. This is the balance you can withdraw funds from.

Tap on your balance to proceed.

2. Initiate Transfer

After tapping your balance, a menu will appear.

Look for the "Transfer money" option and select it.

Next, choose "Transfer to your bank account" from the available choices.

3. Consider The Fee

PayPal provides two options for transferring your funds to your bank account:

1. Instant Transfer: If you need your money urgently, you can opt for an Instant Transfer. If selecting the Instant Transfer option, review the details, including the 1.75% fee (up to $25.00).
2. Standard Transfer: If you can afford to wait a bit, you can choose the Standard Transfer option. This method typically takes 1–3 business days and comes with no additional cost.

4. Confirm Details

Before finalizing the transfer, take a moment to review all the details. Ensure that the transfer amount, destination, and any associated fees are correct.

Once you've verified the information, tap "Transfer" to initiate the withdrawal.