Keep in mind that it takes between three to five working days to withdraw cash from your PayPal account. PayPal is currently accepting people from 43 countries but in only 7 of these countries outside the US can members transfer money: Canada, France, UK, Germany, Netherlands, Australia, and New Zealand.
US residents don’t pay for these transfers, although the other countries pay a small transaction fee. This process is quite easy for US residents, as well as residents of 7 other preferred countries that allow transfers from PayPal accounts to bank accounts. After you make a payment, PayPal will send your recipients an email to notify them that they have been paid.Īn important issue to look at is how sellers transfer their PayPal funds into their banking accounts. You can fund your account and PayPal will then transfer it securely to your beneficiary’s account. When you buy something via PayPal, you usually click on PayPal during the website in question’s checkout procedure.
