Withdrawing money from PayPal

Main ways to withdraw money from PayPal in Russia

As with other payment systems, you can withdraw money from PayPal in several ways: to a bank card, bank account, e-wallets, in cash, or through an intermediary. Each option differs in terms of commission fees, processing times, and limits. Let's look at each method in more detail.

To a bank card

The simplest and most popular way to withdraw funds from PayPal is a transfer to a bank card. First, note that the bank you use must not be on the sanctions list. Otherwise, the system will simply not allow you to transfer the money.

Note.

You can verify information about your bank by calling their hotline.

So, to withdraw funds, you need to:

1. Go to the "Account" section.
2. Click "Add card".
3. Enter the card details.
4. Confirm the reservation of a small amount using the code from the SMS message.
5. Proceed to withdraw the money.

To a bank account

Withdrawing funds to a bank account works in almost the same way. First, you need to link it to your personal account. To do this, you will need to enter the bank's BIC and account number, and specify the amounts credited to the account for verification.

To a WebMoney wallet

You can withdraw money to a WebMoney wallet using the method described earlier.

To a YooMoney wallet

You can withdraw money to YooMoney either through an exchanger or to a bank card or bank account. In the latter case, you will need to issue a virtual or plastic card in the mobile app.

At a PayPal office

You can receive cash at the payment system's office. To do this, you will need to have your passport with you. The main disadvantage is that there are very few such branches in Russia, and they are located only in Moscow and Saint Petersburg.

Withdrawal limits

Withdrawal limits depend on the user's verification level:

1. If you have an anonymous wallet, you can withdraw no more than 15,000 RUB per day and no more than 40,000 RUB per month.
2. If your personal account is verified, your daily limit will be 60,000 RUB, and your monthly limit will be 200,000 RUB.
3. A verified wallet allows you to withdraw up to 550,000 RUB per day.

Possible difficulties when withdrawing money from PayPal

Sometimes users encounter an error when trying to withdraw money. This happens rarely, and the reason often lies with the users themselves. For example, entering incorrect personal data or details. Therefore, first of all, make sure that all the information you have provided is correct.

Errors during withdrawal occur much less frequently due to technical glitches in the service. In such a case, you just need to wait until the payment system restores its operation or contact customer support.

Answering questions

Answering the most frequently asked questions on the topic.

What withdrawal commission will I have to pay?

The commission for the transaction depends on the method you choose. If you withdraw money to a card, the fee will be 0.25 USD, which is about 20-30 RUB. A transfer to a bank account does not involve any commissions. For withdrawals to an e-wallet, the intermediary will charge you about 20%. And at a branch, you will have to pay 5%.

How long will it take for the money to arrive?

On average, the transfer time is 20-30 minutes. However, if you are withdrawing money to a bank account, funds may arrive within 24 hours. Weekends and holidays are exceptions.

Why can't I link a bank card to my PayPal account?

Most likely, you are entering the bank card details incorrectly. Double-check the information you entered. If the data is correct, contact technical support.