Can you withdraw your PayPal funds in your country?

Discussion in Payment Methods started by addicted_buyer • May 30, 2012.

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  1. addicted_buyer

    addicted_buyerExpert

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    Transferring your Paypal funds to a bank account may be possible in the US or in different countries in Europe, but it's not here. There's no way of getting your virtual money turned into a check. This is why I've always spent the money I make online, as I'm unable to withdraw it.

    What about you, does PayPal allow you to withdraw your funds in your country? Have you ever done it?
     
    #1May 30, 2012
  2. Esperahol

    EsperaholActive Member

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    Where do you live? Also why do you need a check? Can't you just attach an existing bank account so that you can withdraw into that account? Or hey try getting an online banking account just so you can try cutting a check. Or hey maybe you can just apply for the paypal card so you can use an ATM.
     
    #2May 30, 2012
  3. addicted_buyer

    addicted_buyerExpert

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    Argentina. No that can't be done here, the only way to do it is cashing out a check in a certain bank that isn't available in my city. PayPal only lets people withdraw their funds in certain countries.
     
    #3May 30, 2012
  4. cluckis

    cluckisBanned

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    I don't think paypal even issues checks. I live in Canada, and the only option we have is Bank Transfer. I have never used it, but I may in the future if my balance gets high enough. Please correct me if im wrong.
     
    #4May 31, 2012
  5. btatro

    btatroActive Member

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    Well, yeah, but I live in the US :) When my balance gets decent, usually over $50.00 I go ahead and transfer it to my bank account. Takes a few days, but then it is there.
     
    #5May 31, 2012
  6. EvoDoom

    EvoDoomMember

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    Hm, I have just recently started earning my own money online and have begun to save up in my Paypal account. It hadn't occurred to me that I may not actually be able to cash in my earning so to speak... Oh well, if it turns out I can't then it shouldn't be too big an issue, I do most of my shopping online anyway. :)
     
    #6Jul 31, 2012
  7. micromachne

    micromachneMember

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    Paypal doesn't turn your money into a check, all they do is transfer to your bank account. All you need is a bank account to have your money in your account in about 3 days.
     
    #7Jul 31, 2012
  8. Adeal4u

    Adeal4uActive Member

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    I live in the U.S and I just made a withdrawal today. I always can withdraw my funds otherwise I wouldn't use PayPal. I think there are restrictions based on where you live, but there's nothing you can do about it. I would suggest you open an account with the bank that PayPal is with and you can take out money. I'm sure you can open an account online and that would make it easier to withdraw your funds.
     
    #8Jul 31, 2012
  9. Jennifer

    JenniferActive Member

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    The other day I went to find out how to withdraw my money. Apparently I have to open an online banking account with another bank that I don't bank with to transfer my money into and then only can I transfer it again to my own bank account. As I understand it, according to the laws of my country, I am not able to keep my money in the Paypal account for more than 30 days or use it to make online purchases while it is still in my Paypal account.
     
    #9Jul 31, 2012
  10. Linky

    LinkyExpert

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    That is only if you live in certain countries. Only about 50 countries can receive payment from Paypal....and there are more than 200 countries in the world. It is to do with each countries legislation etc. There is always a way around it though. You can see if you can open a credit card from an international or online bank and link that to your PayPal account - and receive your funds to that account.

    Read the small print on the site and contact other people in your country to see how they are doing it. Most countries in Africa and other poor parts of the world are not able to withdraw PayPal funds. There is a way, you just have to find it. All the best.
     
    #10Jul 31, 2012
  11. EvoDoom

    EvoDoomMember

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    Whoa, what?! You are only allowed to keep it in your account for up to 30 days? Where is it you live anyway? I certainly hope this isn't the case for me... that will really put a downer on my day. Where did you find out this info? :(
     
    #11Jul 31, 2012
  12. Meow

    MeowMember

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    You should be just fine in Scotland.

    The only countries that have this issue are those in South America, Africa and certain Asian countries, as far as I know. Europe, the States and Canada are all fine. Oceania I have absolutely no clue about, but I imagine it's fine as well.
     
    #12Aug 7, 2012
  13. tosaytheleast

    tosaytheleastActive Member

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    Wow! I can't believe that your country do not allow you to transfer funds from your paypal to your bank account. Maybe it;s just that your paypal is not yet verified. Have you tried verifying your paypal account with a visa or master card?
     
    #13Aug 7, 2012
  14. Farrah

    FarrahActive Member

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    Can't you get the Paypal debit card? Then you can go to any ATM and withdraw cash, or use it like a credit card. I live in the USA and I love the Paypal debit card. Its has really saved me quite a few times.
     
    #14Aug 7, 2012
  15. boyuancy

    boyuancyNew Member

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    Yes, I can withdraw PayPal funds in my country. Rather, PayPal withdraws it for me. If I leave my money in my PayPal account for more than a week, it gets automatically withdrawn.
     
    #15Aug 10, 2012
  16. NopGuy

    NopGuyActive Member

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    I've used PayPal's Bank Transfer and it's worked just fine for me. Got my money within 3-4 days too.

    As for the OP, I'm sorry to hear that PayPal still hasn't made Argentina available in your country for money withdrawals. I'm in the US where PayPal started so I've always been able to transfer my PayPal balance to my bank when it gets high enough.
     
    #16Aug 13, 2012
  17. melapie

    melapieActive Member

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    Yes, I can. I just usually do a bank transfer that takes around 2-4 days. But if I need money right away and don't want to wait, I just transfer the money to my debit card which is linked to my paypal.
     
    #17Aug 20, 2012
  18. ACSAPA

    ACSAPAWell-Known Member

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    I live in the US and I can transfer money to my bank account, put it on my Paypal debit card, or transfer to my daughter's Paypal student debit card so she can have some allowance money.
    I was angry at Paypal a few months ago because the first debit card they sent me was defective and it took them a long time to send me a replacement. But once they did send the replacement card, it's actually pretty convenient to use the card.
     
    #18Aug 20, 2012
  19. razelia

    razeliaActive Member

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    Wow, that sucks. I live somewhere in Asia, and withdrawing my PayPal funds to my personal bank account is a complete breeze. PayPal was really accommodating, too, since I initially had problems with my PayPal name and bank name not matching up, but they fixed it all up for me. I've been regularly withdrawing the funds I've been earning since.
     
    #19Aug 21, 2012
  20. bryce12

    bryce12Active Member

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    Yes Paypal allows me to withdraw funds to my bank account. Paypal does issue checks but they take a long time to arrive and even longer to encash. Not to mention that your bank would take a cut every time for currency conversion and processing. Another option is to find an online site that accepts Paypal money and is able to deposit into bank account in your country. Unfortunately I don't have a recommendation as I have never used such services but I know that such services exist. Search for "Paypal to Argentina bank account" in Google and you are likely to find some answers.
     
    #20Aug 23, 2012
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