Has anyone transfered PayPal money into Bank account?

if you would go to the website of the bank where your paypal account is linked to you'd find out how much that bank is deducting. i haven't transferred yet my paypal account to my bank but i just looked at their site to find out why my card still has the same amount. i realized that i still have to transfer the amount myself to my bank. i almost did but am saving that money so i'd just wait awhile...p.s. the amount my bank would deduct isn't that much .

Without a credit, or debit card they will send two small deposits to your bank as a test. This takes a couple of days, then they can transfer money into your account which typically, for me at least, takes about 3 business days, but paypal is a very secure system and is insured in case of any mistakes, etc. Try a small amount first to be sure it's working, before risking more. You may alos be eligible for a paypal debit card, which works like a credit card and also allows cash withdrawals from almost any ATM. I use mine almost daily. In fact my paypal account is my primary banking provider.

I have my paypal account linked to my checking account, so all I have to do is go to paypal and tell them to send the money to my bank account. I am not sure if you can send the money to any other type account, but I am sure you can look this information up on the paypal website. Good luck...

I've had no problem with my bank account and paypal being linked. It's really neat how it works.

I've been on Paypal for many years. It is linked to 2 of my bank accounts. I have never ever had any problems transferring money back and forth between paypal and the bank. My only complaint is it takes a few days (3-4). I think the transfers should be instant like with a debit card. Rest assured Paypal is a very reputable company. Millions of ebay users use Paypal exclusively.

I see that there are already a lot of useful information in this thread. I just wanted to say that I too have transferred money from Paypal to two of my bank accounts without any problems. You just have to check on the Paypal Website for any charge, if applicable. I believe that if you withdraw a certain amount of money (in local currency), there will be no charge from Paypal. Then you can inquire with your bank if they have their own charges as well. Like for me for example, one bank has no charges, while the other charges me 200pesos (~$4) per transaction. Once I found out, I decided to just use the bank that lets me transact for free. It is a pretty safe process. Just be sure you enter your correct bank details and secure your passwords and all. No need to be afraid :)

Yes, I have my bank account linked to my Paypal account and I find that it is OK. I have transferred money across to my bank account on several occasions and it took a few days, but it all went through OK. _Derek

hi sanjeevsingh, one day the same situation i have to face like you,now i am accumulating money in paypal,one day i have to transfer the same in to my local bank account,i does not have the credit cards,but i have debit card,i think i can use the same for verification,have a nice day

what i did was open a different bank account just for paypal, and i always transfer money to it. and i have never had a problem. but i also feel safe because it is not connected to our bank account that we use for house hold stuff

No need of linking credit card to your PayPal account.Just give the details of your State Bank of India account to the PayPal.They will transfer money to your account within five days.Make sure that your name is correct and other details are also correct.I had the same problem as yours.I gave my account number.I got my money within five days.Try it.

I have transferred money from PayPal to my bank account lots of times, and each time the transaction has been processed swiftly and with minimum ease. It's really easy and secure method of transferring money in my opinion

...Hi sanjeevsingh, I belong to paypal as well. I had my bank account verifed by them and those monies that I earn from Mylot and other sites, have been transferred without any problem so far. There is nothing taken out as a charge in my case. The entire amount gets transferred into the account. You should not have a problem after you get your account verified. If I remember correctly, after you register your bank account, paypal will send two small deposits electronically, under a dollar to your checking account, you then have to find out the exact amounts deposited and let paypal know what they were. After that, the account is activated and the sites you work with are able to transfer your funds to paypal, which in your case they already have. After your account is verified, you can withdraw the monies in paypal to your bank account. Take care.

Hello Sanjiv nice to meet you., in paypal u can withdraw any amount to your bank account provided you will be charged rupees 250 for that transaction if the amount requested is less than rupees 7000., if you are requesting more than rupees 7000 then there wont be any charges., hope you know that you have to provide the ifsce code of your bank to link it, please be carefull while providing details because it may attract 250 penalty incase of improper bank account details given., since we are from india we cant become a verified member easily, no need to link your credit as you said.... trust paypal there wont be any problem in getting that money to your bank account., only thing is it may take a week time or more than that to get that money transferred to your account

sorry,i havn't a PayPal account. but i have many bank accounts,as i stray from one place to another...

You can go to the paypal website and request a debit card through them. It just takes a few days to get one. All you have to do is verify that you have a bank account. Which takes about 5 days, they will deposit 2 small and I mean small amounts into your bank. Once that has happened, you have to tell Paypal the amounts. Once all that is done, they will send you a debit card. Every year right before the old one expires, you will be sent a new one. That way, you will have complete access to your paypal money and don't have to deal with the hassle of having to deposit money into your bank account. Here is a link to the debit card. https://www.paypal.com/us/cgi-bin/webscr?cmd=p/acc/dc_intro-outside

There have been two times that I have transferred money from my paypal account into my checking account. The first time was because I accidentally made a purchase which I later reversed. The second time was just last month when I had reached my personal minimum amount that I wanted to be able to transfer into my checking account. There is no fee to do this. If you request a transfer of $100 from your paypal account into your checking account that is how much that you are going to have deposited into your checking account. The only thing that I don't like about doing this is that the transfers are not immediate.

You can use debit card.All you need to do is ask bank if their card can use for international.

You can withdraw your money as soon as you have minimum $10 in your bank account it will take fees of 50 rs but if you have more than around 6000 it will not take any fees, & don't worry your money will be directly & safely transfered to your bank account around 3-4 days.

You have to add your bank account to your Paypal account..And if you have more than 7000 Rs equivalent of USD in your paypal, then you will not be charged any money for the transfer..You can withdraw money even less than that..But you will be charged a fees of Rs.50 for the transfer..If you are not comfortable in giving your bank details to paypal or if your bank does not have a IFSC code which is mandatory for payal transfer, you can request your money as a check and deposit it in your bank..The service shage for this would be 1.50 dollars which would be deducted from your paypal account..

Hi sanjeevsingh. don't worry about that. PayPal is a well established online bank and you can trust it. Furthermore, I think you can later disconnect it again from your bank account. I hadn't transfer to my bank account yet from PayPal. But below each page on paypal you can find a link to "Fees". There you can check how much is the fee of moving a certain amount of money from PayPal to your account. For example I think it depends on the amount of money and some other matters. I had already linked my credit card to PayPal and planed to transfer some money from there to my card later (in 1-2 weeks). I checked the fee and they will deduct 1 euro for less than 100 euro transfer and nothing for more. You may also check there. Happy MyLotting!