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yads
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yads asked in Business & FinancePersonal Finance · 1 decade ago

Can somebody please tell me in layman English how EXACTLY does one ENCASH his pay pal "money"?

I'd really appreciate an answer with no-technical words, just plain english please. Thank you so much for your time. *kisses*

Update:

ah yes theman... i know about that.. can you be more detailed? i'm asking about the process.. thank you

Update 2:

thank you momoof2... must i really need a checking account? won't just a bank account do?

Update 3:

i meant won't "savings account do?"

Update 4:

Someday Soon, thank you and i love you! Steph, you're a great help, a million thanks to you too.

May you have great days ahead guys! :)

Update 5:

Someday Soon, thank you and i love you! Steph, you're a great help, a million thanks to you too.

May you have great days ahead guys! :)

3 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Give paypal your checking account number and schedule a funds transfer. They also have a debit card that you can order from the website. They used to also issue checks on request, but I'm not sure if they still offer that.

    EDIT: Yes a savings account will work. I had to check my PayPal account real quick. They also still do "Request A Check" too.

    Source(s): www.paypal.com
  • Someday Soon
    1 decade ago

    You need to verify your account by adding a bank account to it. Then you can transfer funds to your account and it takes 2 to 3 business days. After you have been a member in good standing for 60 days, you can apply for their Paypal debit card and get your money directly out of an ATM or spend it by using the debit card as you would any other. I have the debit card and it is great!

    Source(s): To add a bank account, you need to go to your profile info and click Bank Accounts or something similar and then Add Bank Account. Put in your checking or savings account number, the bank routing number and the name of the bank. In a couple days, Paypal will make 2 tiny deposits to your account. Check your account and then log in to Paypal and find where you adding the account and click Verify. Enter the 2 small deposit amounts and you are done. Then click Withdraw at the top, put in the amount you want to transfer to the bank, follow the instructions and you are all set. Yes, a savings account will be fine. That's what I have and have been using it for 8 years.
  • Anonymous
    1 decade ago

    u need a bank account to transfer it to

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