Transferring money

@bamakelly (5191)
United States
March 20, 2009 9:28am CST
I was wanting to know if my Paypal account would need to be verified in order for me to transfer my funds into another person's bank account. Can that be done? I just want to withdrawal my money that I have accumulated.
3 people like this
11 responses
@ahslack (484)
• Singapore
20 Mar 09
Personally i am a unveritied paypal account owner,but i manage to send money to other person account that is selling the item on ebay that i wanted to buy.It works on me so i guess it works the same on you?
3 people like this
@sanuanu (11235)
• India
21 Mar 09
I think there is a limit on transferring your amount to the other paypal account. I think you can send more than $500.
@Mitraa (3184)
• India
21 Mar 09
Yes Kelly, you can only transfer money from your Paypal account to some other person's Paypal, if you know other person's Paypal e-mail address. About bank transfer of Paypal money, you can only do it to your account, if you link your bank account particulars with your Paypal profile! Transfer of money from your Paypal account to other person's bank account is not possible. Thanks and have a nice day!
@bamakelly (5191)
• United States
21 Mar 09
Thanks for your reply however I was still wondering if I needed to be verified in order to transfer my paypal into another person's paypal account.
@bunnybon7 (50973)
• Holiday, Florida
24 Mar 09
i have a verified account but have never figured out exactly how to send money to anothers paypal or even how they get it from or to mine i guess im a bit dense.
• Philippines
27 Mar 09
Hi, yes same answers provided by previous responses. I think you really have to verify your Paypal account before you can withdraw money and transfer into another bank's account. I have tried using Paypal and for me its fast and convenient online transaction for sending and receiving money. You just need to link your credit card to your Paypal account, then they will send the 4digit Expuse numbers for you to confirm your card. But don't worry because the charge to your credit card is not that huge and they are refundable.
@sanuanu (11235)
• India
21 Mar 09
I don't think that you can transfer you money from your account to anyone else's bank account. You can do it for your account. I don't have any knowledge that you can do it for anyone else's account!
@Ritchelle (3790)
• Philippines
21 Mar 09
sorry, i can't personally help you out with that one. why not visit their site? i think the answer to your query is there somewhere. good luck!
@winterose (39887)
• Canada
21 Mar 09
why can't you transfer it into your own bank account? you can transfer your money to someone else who has a paypal account put you can't put it directly into their account, only paypal does that.
@dragon54u (31634)
• United States
20 Mar 09
I'm sorry, I didn't even know that type of transfer was possible. I transfer mine directly into my bank account. Don't you have a bank account to withdraw to?
@onlydia (2808)
• United States
20 Mar 09
You have to ask paypal. I think you can not sure on that. So you will have to ask paypal. I think they have a bank card if you want one. unless it is a credit card. I don't want anymore credit cards. Good luck your friend onlydia
@savypat (20216)
• United States
20 Mar 09
Contact them, I'm pretty sure you can do this if you have all the correct information on the bank account you want it to go to.
• India
20 Mar 09
Hay, its very much easy to get verified by paypal. I have a verified paypal account. You just have to link your credit card details.They will send you a code which you will get in your bank statement and then you have to upload that 4-digit number to the required field.For this transaction, paypal will charge a very small amount ($1.95) which will be returned to you after submitting that 4-digit number.