Is it possible for PayPal to Transfer Funds from My Credit Union Acct To My Bank Acct?

[maheanuu]

At Present I am using my bank account for Pay Pal money transfers for purchases and payments.  I also have a Credit Union Account that I would like to be able to access with PayPal in order to transfer funds in either direction.   I would also like to be able to transfer Funds between these 2 accounts without having to pay the outrageous bank transfer tees  or to have either of them cut me a check and for me to send it by mail to either the credit union or my bank for deposit. 

I have never done anything like this before, but hoping that it is feasible as it will save me on heck of a lot of time and also money.

Any help would be greatly appreciated.

[PayPal_Frank]

Hi maheanuu,

Welcome! 🙂

Transferring between PayPal and banks is definitely possible.  When you log into the website, you'll see two options:  Add Money and Withdraw.  You can transfer money to PayPal with "Add Money" and transfer money to a bank using "Withdraw".

Any U.S. bank accounts you add to PayPal will need to support ACH (Automated Clearing House) transfers.  Typically if the bank has a routing number, then it supports these types of transfers.  You can add banks by going to Profile -> then Add or Edit Bank accounts.

I hope this helps! 🙂

- Frank