If you have a basic Pay Pal account Pay Pal already has your bank account information and has verified it. Requesting a payment requires signing in to your account and clicking on the button that will withdraw funds from PayPal and transfer them to your bank account.
It could take two or three business days for the transfer of funds to be completed, but it often doesn't.
While this won't help with your immediate wish to withdraw money from your PayPal account, you may want to consider changing your personal PayPal account to a PayPal premier account, which offers with it a PayPal debit MasterCard.
The PayPal debit MasterCard allows you to withdraw cash from ATM's and make purchases, just as you would with a bank debit card. PayPal does charge a very small fee when funds are added to your account, but there are no fees associated with the use of the debit card. In fact, they now offer the PayPal Debit Rewards program, which will get you cash back on PayPal debit card purchases that do not require a pin number at the time of the transaction.
I find that the PayPal debit card is well worth the small fee assessed when funds are added to the account. It makes the PayPal account more like a second bank account.
No comments:
Post a Comment