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To transfer money from PayPal to a bank account, log in to your PayPal account and navigate to the “Wallet” section. Then, click on “Transfer Money” and choose “Transfer to your bank”. Select either “Instant Transfer” (which may have a fee) or “Standard Transfer” (which is typically free). Follow the on-screen instructions to complete the transfer.
Detailed Steps:
Log in to your PayPal account: Access your PayPal account on the website or through the mobile app.
Go to Wallet: Locate and click on the “Wallet” option, usually found in the navigation menu.
Initiate Transfer: Click on “Transfer Money” and then select “Transfer to your bank”.
Choose Transfer Type: You’ll have the option to choose between “Instant Transfer” (usually fee-based and faster) or “Standard Transfer” (typically free, but may take 1-3 business days).
Select Bank Account: If you have multiple bank accounts linked to PayPal, choose the one you want to transfer the money to.
Enter Amount: Specify the amount you wish to transfer.
Confirm and Complete: Review the details and confirm the transfer. The funds should then be transferred to your bank account according to the chosen transfer type.