![]() You can see a detailed list on PayPal Global's page and go to ‘ fees' located at the bottom of the page.īy entering the amount you will be sending and receiving, you can ensure that the calculation is accurate so that you have an exact idea of how much money will end up in your pocket or be pocketed by PayPal. This means that you may not receive the exact amount you asked for due to the fluctuating values of world currencies.ĭepending on where your Paypal account is opened, how you withdraw money, and in which currency, fees may be applied. In addition to PayPal's fee, any withdrawal that involves converting currencies may also incur an exchange rate fee. This fee typically ranges between 2% and 4%, depending on whether there are any other fees associated with the transaction. PayPal charges a flat fee for all outgoing withdrawals, no matter the size of your withdrawal or currency. When using PayPal to withdraw money from your account, it is important to be aware of two common fees associated with the service: PayPal’s fee and an exchange rate fee. There are no monthly or annual fees as well as no minimum balance required to use the debit card. Your linked debit card can be used to withdraw cash from most ATMs worldwide. If you have a business account you will be able to spend your balance conveniently, anywhere, and anytime in shops or online stores. However, only PayPal users with a registered business account are eligible to receive and use the debit card. If you would like to spend the PayPal balance held on your account immediately, another way of converting it to cash is to have a PayPal debit Mastercard. How to withdraw money using your PayPal Debit Card A withdrawal cannot be canceled, so make sure that all banking details are correct before instructing the bank transfer. ![]() You will have to verify your Paypal account before withdrawing funds to your linked bank account. In case you want to withdraw funds through your PayPal app:
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