You are viewing the article How to Transfer Money from PayPal to Bank Account at Tnhelearning.edu.vn you can quickly access the necessary information in the table of contents of the article below.
This article was co-written by Hannah Cpe. Hannah Cpe is a tax advisor and founder of Sunlight Tax. As an artist and tax professional with over 10 years of experience in the freelance tax field, Hannah specializes in tax treatment for independent creatives and small businesses, helping creative individuals build their businesses. entrepreneurship, and personal finance support in the creative sector. She holds a tax advisor license, which is a certification of tax expertise and representation from the IRS. She has been invited by organizations such as Harvard Ed Portal, Boston Foundation, New York Foundation for the Arts, RISD and Cornell University to give tax presentations to artists. Hannah holds a bachelor’s degree in Art History from Yale University, a master’s degree in Drawing from Boston University, and studied accounting at Brooklyn College.
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In this article, the wikiHow will show you how to transfer money from your PayPal account to your personal bank account and other people’s bank accounts. Unfortunately, you cannot transfer money directly from a PayPal account to someone else’s bank account.
Steps
Withdraw from PayPal (iPhone/Android)
- If your PayPal account accepts Touch ID, you can scan your fingerprint to open PayPal.
- You cannot see this option if your PayPal balance is less than 1$ (22000VND).
- For example, if you want to withdraw 3$ (~70000VND), enter “300”.
- You must withdraw at least 1$ (22000VND).
- The money order will be processed the next day if you send the order before 7pm (ET), sometimes it will take longer if you send the order on weekend or holiday. [1] X Research Source
Withdraw from PayPal (Computer)
Send Money with PayPal (iPhone/Android)
- If your PayPal account accepts Touch ID, you can scan your fingerprint to open PayPal.
- When sending money from PayPal, the money will be withdrawn from your bank account if PayPal has no balance.
- If this is your first time depositing, click Let’s get started! (Start) at the bottom of the screen.
- You can tap the contact name below the search field if available.
- Friends and Family – Personal payments; PayPal does not charge a fee for this payment.
- Goods and Services – Payments related to the business; PayPal collects 2.9% of the amount you send, plus an additional 30 cents (about 7000VND).
- You can see where the money was sent from (for example, from a bank account or a PayPal account) at the bottom of the screen.
- If you want to add a note to the payment, select Add a note at the top of the screen, enter the note, and tap Done .
Send Money with PayPal (Computer)
- Pay for goods or services – The recipient will pay a fee of 2.9% of the amount, plus 30 cents (about VND 7000).
- Send money to friends and family – This transaction is free for both you and the recipient.
- You can click on the contact name below the search bar if available.
- If you click on the contact name, you can skip this step.
- You can click in the Add a note field to write a note here.
- If you want to change the currency, click in the dialog box below the amount and select a currency.
Advice
- PayPal automatically logs you out of your account when you close the app.
Warning
- If you intentionally transfer an amount larger than your current balance to a bank account, your PayPal account may be frozen.
This article was co-written by Hannah Cpe. Hannah Cpe is a tax advisor and founder of Sunlight Tax. As an artist and tax professional with over 10 years of experience in the freelance tax field, Hannah specializes in tax treatment for independent creatives and small businesses, helping creative individuals build their businesses. entrepreneurship, and personal finance support in the creative sector. She holds a tax advisor license, which is a certification of tax expertise and representation from the IRS. She has been invited by organizations such as Harvard Ed Portal, Boston Foundation, New York Foundation for the Arts, RISD and Cornell University to give tax presentations to artists. Hannah holds a bachelor’s degree in Art History from Yale University, a master’s degree in Drawing from Boston University, and studied accounting at Brooklyn College.
This article has been viewed 26,806 times.
In this article, the wikiHow will show you how to transfer money from your PayPal account to your personal bank account and other people’s bank accounts. Unfortunately, you cannot transfer money directly from a PayPal account to someone else’s bank account.
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