You've probably wondered how to transfer money from Venmo to Paypal? After all, the process should be free and cheap. Occasionally, however, you may find that it costs more to transfer money than you expected, depending on whether you need to convert the money to another currency. If that's the case, here are some tips to make the process as easy and affordable as possible. Here are the basics:
· First, make sure you have a bank account linked to PayPal. When you use Venmo to send and receive money, you need to link your bank account to the app. If you're not using a bank account, you can link your account to your PayPal account.
·Once you've done that, click on the PayPal button on the Venmo app. Your money will be transferred in three to five business days.
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Transfer Money from Venmo to PayPal:
1. Set up a bank account and link it to both your PayPal and Venmo accounts.
2. Once the bank account is linked to both, go to your Venmo, select Transfer to Bank and enter the desired amount.
3. Choose the transfer option you prefer; Instant or 1-3 business days, then tap Transfer.
4. After that, go back to your PayPal account then continue to the Transfer Money option.
5. Select Add money to your balance and you’ll see the bank account that’s linked to both your Venmo and PayPal.
6. Choose that bank account and hit Add. The money will arrive in your PayPal wallet in 3-5 business days.
Hope This Helps,
Peter