Technology has made great strides in recent years, and has allowed us to speed up some processes that previously could take many hours or even days, such as sending and receiving money. Fortunately we were invented some simple applications and sites, rather confident, with which you can send or receive money in a rather fast. The world’s website most used and approved source of security is PayPal.
PayPal is a great software tool to send and receive money online safely and immediately. Once payment is received, unless you want to use your funds for online purchases, you can withdraw from your balance. To do so, the alternatives are two and both very simple. In this guide, I will explain how to withdraw money from PayPal through a few simple steps that will give you useful advice.
Make sure you have at hand: Credit card or debit card, bank account
1) To withdraw cash from your PayPal balance you have two alternatives: either transfer the funds on a credit card prepaid, or transfer them to your bank account. First, you need to access the site PayPal and enter your personal information record, i.e. your e-mail address and PayPal password. That done, you will be linked to the “My Account.”
In the upper-right corner of your profile page, you must click on the word “picks” and then select one of the alternatives where you prefer transfer here your money; that is, you have to choose between your bank account and credit card.
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2) To transfer the money to your credit card or debit card, the procedure is very simple.
Click on “picks up funds to be transferred to your card.” It will see a value range in which you have to enter the amount you wish to withdraw. From a drop-down menu, you can select the paper on which you want to transfer the funds, if you have associated with your PayPal account more than one card. In the contrary case, the procedure is immediate. Finally, click “continue” to complete the task.
The processing time, and then credit the amount, ranging from 2 to 3 working days. This action is free if the amount requested is equal to or greater than 100 USD. If, however, fetch less than USD 100 it will cost you 1 dollar.
At this point, to get the cash, you just have to bring to you at an ATM or at the counter of the post office / bank.
With the new prepaid card PayPal, then, you can now transfer money instantly, without having to wait 2-3 business days for the amount of processing. In addition it also has an IBAN you have to receive subsidies and is, in a sense, as if it possessed a prepaid bank account. The card can be requested on the website itself and can pick you up in automatic enabled points.
3) The second allows you to transfer money from PayPal account directly to your bank account.
To do that, click on “picks up funds to be transferred to your bank account.” In the appropriate fields, you have to write all the required data: Country of residence, your name and surname, name of the bank and the IBAN. Click “continue” to complete the process. In addition, in this case the operation is free for amounts equal to or greater than 100 dollar and 1 dollar for lower withdrawals. The sampling operations require 2-3 working days for banks. Finally, just go to the bank or ATM to withdraw the desired amount. Withdraw money from your PayPal account is quite safe and fast, enough in fact very few mouse clicks to transfer the money received from the website to your bank or postal account, and have in a few days the required availability.
In the end, following the instructions in this guide, make this type of operation will be quite simple and fast. I wish you good work. Until next time.