How to Transfer Money from a Local Bank Account to my PayPal Account? (Example)

Today everyone has a completely digital bank account. These are increasingly gaining strength, as they are the most viable alternatives to pay quickly and safely. That is why today it will be answered How to transfer money from a local bank account to my PayPal account?

And, since these forms of online payment began to be implemented, life has become much more easy, because now there is no need to carry a large number of papers to a bank. Because with a few simple clicks, you will already be part of a bank that will offer you all kinds of benefits and will also protect you.

If you still do not have a PayPal account, it is recommended that you search how can I create a PayPal account without a credit card?, And then go to the official website to follow the steps

Transfer money from a local bank account to my PayPal account

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In order to transfer money from a local bank account to my PayPal account, there are two ways, and it depends on which device is being used. If it is a computer, you have to do the following: First open a session in your PayPal account, and once you are inside go to the section «My portfolio.»

From there select «Transfer money», then press the option «Add money to your balance», and finally choose «Add money from your bank account in Spain.» This will bring up a new page, where you must copy the data that appears from PayPal as the beneficiary (the name of the bank, the IBAN code, BIC, among others).

If you don’t want to copy them, you can click on the button called “To printIt will be right there, the important thing is that you have it for the next step.

green dollar bills

Then go to your bank account and use the data you copied to make the transfer to PayPal (This depends on your bank of course). Take into account that the money can fall between 1 and two business days, and that also, the name of the bank from which the transfer is going to be made, has to be the same as the one you entered into your PayPal account. Also that this bank only accepts SEPA transfers (in euros).

With that, everything will be ready, now you only need to go to your bank and proceed with the transfers to be made. In the case that the device is a mobile phone, you just have to give the option «PayPal balance» and later «Transfer money» (the other steps are computer-like).

How to transfer funds from PayPal to the bank?

Now that the question of How to transfer money from a local bank account to my PayPal account has been cleared up? It is time for you to see the opposite.

To be able to transfer money from your PayPal account to your bank (for whatever reason) you must do the following: First go to the option «My portfolio» within the bank, then select «Transfer funds».

Finally, click on the section «Transfer to your bank account», there choose the account to which you want to make a deposit, once this is done, click on «Continue» to confirm.

Then enter the amount and press the button that is named «Next”, Check that everything is correct and if so, select «Transfer now» to end.

mobile with dollar bills

With this everything will be ready. Remember that PayPal charges certain fees for withdrawals (so if you don’t want to overpay, you should find out how to send and receive money through PayPal without paying a commission). Also keep in mind that any transfer made is subject to a revision, so if the money is returned to you it was due to an error found and in that case you should contact PayPal’s technical service.

Thanks to everything you read, it can already be said that the doubt of How to transfer money from a local bank account to my PayPal account? , was successfully resolved. Go now to your trusted browser and go to your PayPal account, so you can start moving your money as you want.

Remember that if for some reason you stop liking this bank, you can always delete or permanently close my PayPal account, and move to another place.

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