How to Withdraw Funds from Your Paypal Account?

Written on September 22, 2008 – 1:48 am | by Pinay Mommy |

From my previous post on my Simple Share Tutorials, I have shared how to add a bank account to your Paypal. Now, I am going to share to you how to withdraw funds from your PayPal account to your registered bank.

1. Go to https://www.PayPal.com and login to your account.

2. At your account dashboard click “Withdraw.”

3. Type in the details such as the amount and choose the bank account to which you would want your funds to be transferred. After that click “Continue.”

4. You will be taken to a page to confirm the withdrawal details. Review all, if you find it all correct click “Submit” button.

5. Lastly, a confirmation page will appear informing you that the request is being processed and an email will accompany this too.

Points to remember:
1. There is a charge of Php 50.00 if you withdraw funds lower than Php 7,000.00.
2. If you are not sure, use the currency converter found at the page wherein you will type-in the amount details of the funds to be withdrawn (check figure 2).
3. Once the amount arrives at your bank account, you will notice that some banks will deduct 150 to 200 pesos as bank changes except for those that use Unionbank EON Account.

That’s it! I hope you find this article helpful. Please Digg or Stumble this post, if my article has helped you. Thanks!!

6 Responses to “How to Withdraw Funds from Your Paypal Account?”

{girl}forallstatus says:

September 22, 2008 at 2:40 am

thanks ruby for the info. i’ve been wanting to withdraw the money i have in paypal but didn’t know how. =)
Naomi says:

September 22, 2008 at 3:41 am

hello mommy rubz…

i have two bank accounts tied up with my paypal account. now I am only using my unionbank for withdrawal kasi nga wlaang bank charge…hehehe…

great share for everyone…

by the way, naa koy tag para nimo…
kagitena says:

November 14, 2008 at 11:14 pm

hello po ate how many days bago po mawithdraw to bank account coz i know some process on how to withdraw funds in philippines paypal account in just a minute. visit my blog po http://clickismoney.blogspot.com
Sweet_shelo says:

February 10, 2009 at 9:55 am

hi rubie.. You are a big help on this.. Thanks a lot
tricia says:

September 14, 2009 at 12:06 pm

I have a question. I tried using my BPI account but it always say “Cannot be verified” or something like that. Why is that so?
Willa says:

May 15, 2010 at 5:37 am

I’m asking my sister to open an paypal account bec it’s gonna be very easy for me to send them money but she don’t want to,