You want withdraw money from Paypal but you don’t know how? Don’t worry, it’s a very simple operation, which can be carried out at any time, as long as you have a card or bank account associated with the account.
The association requires a verification procedureonce completed, you can transfer the money from your Paypal balance to the card or account you have decided to associate with the service.
The operation can be carried out both from PC and mobile devices, in compliance with the transfer limits set by Paypal and your card/account. Let’s see how to proceed.
How to withdraw money from Paypal with your card
Withdrawing money from Paypal with your card is simple and fast, especially if you have an associated one prepaid (but not only), you can choose the immediate withdrawal which includes a small deduction from the total.
Alternatively, you can proceed with the standard withdrawal which requires come on 2 to 3 working days. Paypal carries out checks and may also reserve the right to suspend or cancel it.
Associate the card
Whether you decide to use a credit, debit or prepaid card, the first thing to do is associate it with your Paypal account.
After logging in to your account, press on Wallet and then up Link a cardenter the requested data: card number, type, expiry date, code CVV/CVV2 and billing address.
Confirm by pressing on Co-worker, then enter the single-use code received via SMS on the number associated with the Paypal account, or confirm the notification received on your smartphone via the app. Press up Fine to complete.
If you passed the security check phase with:
Mastercard Secure 3D Visa Secure Similar systems
You won’t have to do anything else, because the card will already be verified. Conversely, to confirm the card, Paypal sends a charge of 1.50 euros on the card accompanied by a reason code, which you will have to enter in your account for confirmation.
To do this procedure go to Wallet then on the symbol of the added card and then on the link Confirm your card > Request code and Done.
Usually, the charge is visible within 24/48 hours, you will have to read the reason and note the number you find among PP e CODEwhich you will need to validate the card.
Go up Wallet and then on the link Enter the code to confirm the cardenter it and confirm.
Withdraw money from Paypal
Once the pairing is complete, you can withdraw the money from Paypal and transfer it to the card. We would like to point out that the transfer of funds to a personal card requires the application of a fee, i.e. 1% of the sum, with a minimum of 0€25, up to a maximum of €10. In case of currency exchange, additional costs apply.
Now let’s see how to proceed with the withdrawal:
Go on Dashboard; Press on balance and then on Transfer money;
Enter the amount; Select the item Transfer; Choose the name of the card; Press up Avanti and confirm by clicking on Transfer [XX EUR] not.
Withdraw to Paypal with current account
If you want withdraw from Paypal without cardyou can associate a bank account, the important thing is that the latter is in your name or in the same name Paypal account holder.
Accreditation requires from 1 to 3 working dayssome banks might take up to 5 days. There are no fees for transferring funds to bank accounts, but some banking institutions may charge a fee for receiving them.
If the transfer comes rejected by the bankthe money goes back to your Paypal balance, with a small deduction for bank transfer costs.
Connect your bank account to Paypal
To add your bank account to Paypal you must log into your account from the web or the official app, click on Wallet and then up Link a bank account (yes pc) o are (+) Bank accounts (also app).
Enter the IBAN in the appropriate field and select the country in which the account is registered. Finish by clicking on Accept and connect – Link your bank account. You can also use the latter for direct debits.
Also in this case one is foreseen verification procedure I count similar to the one described above: you receive a credit of 0,01€ and in the reason, between the words PP and CODE, you will find the numerical code to enter to verify the account.
You can now proceed with the transfer of Paypal funds to your bank account by following the same steps described for sending money to a card.