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How to Withdraw Funds from Your Paypal Account?


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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not sure, use the currency converter found at the page wherein you will type-in the amount details of the funds to be withdrawn (check figure 2).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!!


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{girl}forallstatus September 22, 2008 - 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 September 22, 2008 - 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 November 14, 2008 - 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

Sweet_shelo February 10, 2009 - 9:55 am

hi rubie.. You are a big help on this.. Thanks a lot 😳

tricia September 14, 2009 - 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 May 15, 2010 - 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, 🙁

Istin (@istin21) April 11, 2012 - 10:41 pm

bumped into this. thank goodness. this will help me manage my paypal account since im into online jobs now. thanks Miss Ruby 😀


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