Hello there. Today I am going to show you how to withdraw PayPal money into your local bank account.
Withdraw PayPal Money
First of all, go to PayPal homepage and login. Click on My PayPal button to go to My Account.
Click on Withdraw funds that located under PayPal Balance.
Key in how much you want to withdraw. Keep in mind that there will be processing fee if you withdraw below certain amount. For example in my case, I need to withdraw at least MYR 400 to avoid paying for processing fees of MYR 3.
Revise the details for the last time before you proceed.
It says that the process would take 2-3 business days. But in my experiences, it completed just in one business day
Confirmation email also sent to your inbox as a reference.
If your PayPal account is unverified, don’t worry. My PayPal account is unverified up to writing this post and I can withdraw money off PayPal without any issue.
If you don’t want to withdraw, the use for online shopping 🙂 But sadly most merchants want verified account.