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Paypal personal account

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Contributor

Paypal personal account

I have a query regarding PayPal money transfer. Can the money be transferred from PayPal wallet balance to my savings bank account if I have a personal PayPal account not a PayPal business account? Please resolve this query. Thank you.
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PayPal Employee

Re: Paypal personal account

Hi @DivjotSingh97 Thank you for communicating with us. Due to India’s regulation, your PayPal balance will be automatically withdrawn to your local bank account (which you've added to your PayPal account) daily. If you have more than one bank account added to your PayPal account, you can select your preferred bank account for the automatic withdrawal purpose. You can also manually withdraw your balance. Here’s how: Click Withdraw money. Follow the instructions on the page to complete your withdrawal. To withdraw money to your bank account using your PayPal app: Tap your PayPal balance. Tap Withdraw Money. Note: A withdrawal to a bank account typically completes in 1 business day, but it may take longer depending on your bank’s clearing process. The minimum amount for manual withdrawals is 500 INR. If the withdrawal fails due to incorrect bank information, your funds will return to your PayPal account (a withdrawal return fee of 250 INR may apply in this case). After you request a withdrawal, it cannot be cancelled. You don't necessarily need to have a business Paypal account to do this. Hope this helps. Stay safe.

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PayPal Employee

Re: Paypal personal account

Hi @DivjotSingh97 Thank you for communicating with us. Due to India’s regulation, your PayPal balance will be automatically withdrawn to your local bank account (which you've added to your PayPal account) daily. If you have more than one bank account added to your PayPal account, you can select your preferred bank account for the automatic withdrawal purpose. You can also manually withdraw your balance. Here’s how: Click Withdraw money. Follow the instructions on the page to complete your withdrawal. To withdraw money to your bank account using your PayPal app: Tap your PayPal balance. Tap Withdraw Money. Note: A withdrawal to a bank account typically completes in 1 business day, but it may take longer depending on your bank’s clearing process. The minimum amount for manual withdrawals is 500 INR. If the withdrawal fails due to incorrect bank information, your funds will return to your PayPal account (a withdrawal return fee of 250 INR may apply in this case). After you request a withdrawal, it cannot be cancelled. You don't necessarily need to have a business Paypal account to do this. Hope this helps. Stay safe.

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Contributor

Re: Paypal personal account

Thanks for resolving my query sir. Stay safe brother. Cheers.