How to tranfering paypal money to my bank account?

Hong Kong
January 10, 2007 8:23am CST
I would like to know how to transfer my money of my paypal account into my bank account? Any fee for it?
1 person likes this
7 responses
• India
10 Jan 07
i stay in india..i have already created a paypal account but did not give credit card info as i dont have one... how can i withdraw money from my paypal account...do i need a credit card for it...
@smilyn (2964)
• United States
10 Jan 07
Your earnings will be accumulated in your paypal account. When the amount in your paypal acount reaches a minimum payout of USD150, you can request for the payment in the form of a check. A payment service charge of USD 5 will be deducted from your account. You can deposit this check in your bank account.
@gigarange (1165)
• United States
10 Jan 07
I am not so sure about withdrawal fee of those living outside the US. I am from the US and I don't have paypal withdrawal fee. If you have a paypal account and wanting to transfer money to your bank account, you need to update your profile and punch in your bank account information. The paypal then will verify your bank account. Once verified, you can start transfering money from your paypal to your bank.
@plasma (675)
• India
10 Jan 07
If you're residing in India then there's a $5 fee for issuing a cheque. Paypal doesnt support direct bank transfer facility to India. You need to check out other details as well: 1. like they won't send you a cheque unless your account is worth $150 2. You need to keep the characters in your address field limited to some 35 characters or so. if it exceeds that length Paypal may edit it on their own and your cheque may reach to another address. Pls verify with paypal again before withdrawing your amount. Thanks
@mzbubblie (3840)
• United States
10 Jan 07
I have paypal for a number of years now and as long as you have your banking information set up with your paypal it doesn't cost anything I don't believe. Anything you want to know about paypal also is on their website www.paypal.com. Hope that helps...
@navinshan (3940)
• Canada
10 Jan 07
Yes there is a small fee of .50cents attached, if u re withdrawing money from your pay pal to bank account, if its less then $150 then a fee is charged if its more then $150 then its free.
@csanand17 (311)
• India
10 Jan 07
i also want to know about that.i don't know about that properly .