Paypal is a popular payment system that allows not only making purchases in online stores, but also sending money to other users of the system. You can also transfer money to a bank account linked to your account using the corresponding function of your Internet wallet.
Instructions
Step 1
Go to the official Paypal website and log into your account using the fields to enter your e-mail address in the system and password. After that, click "Login" and wait until your personal account is loaded. If necessary, enter the security code that will be displayed on the screen.
Step 2
After logging into your account, go to the "Send Funds" tab of the top money transfer toolbar. A window will open for filling in the details for organizing the transfer to another user of the system.
Step 3
In the "To" line, enter the recipient's email address. In the field below, indicate the amount to be transferred and the currency in which you want to make the transaction. Also check the box under the section "For what purpose is the sending of funds." Among the proposed options, select the one that suits you, and then click "Continue". Wait until the end of the transaction and confirmation of the successful completion of the transfer.
Step 4
If you would like to transfer funds to your own bank account, use the Withdraw Funds tab. Among the options offered, select "Withdraw funds to a bank account" and click on this link. In the next window, you will need to specify the details of your personal account for the withdrawal: SWIFT codes, the name of the bank branch and your account number. If you are in doubt about what information you should provide, contact the bank for help so that they provide you with the appropriate details.
Step 5
To verify your bank account, you will be prompted to credit a small amount of funds from Paypal to your account. Two payments will be processed, which can be completed within 5-7 business days. As soon as the money has been transferred, go to your internet bank page and view the last transactions of funds transfer.
Step 6
Enter the received amount into the appropriate fields of the Paypal bank account confirmation page. Then go to the "Withdraw funds to a bank account" section again, and then indicate the amount to be transferred.
