2009
Table Of Contents
- Virtual Terminal User’s Guide
- Preface
- Getting Started with Virtual Terminal
- Security Features
- Setting Up Your Account Before Using Virtual Terminal
- Performing Transactions Using Virtual Terminal
- Performing Secondary Tasks Using Existing Transactions
- Withdrawing Funds
- Virtual TerminalResponse Codes and Messages
- Canceling or Reactivating Your Virtual Terminal Service
- Index
Virtual Terminal User’s Guide 27
6
Withdrawing Funds
This chapter discusses two methods for withdrawing funds associated with your Virtual
Terminal transactions.
In order to withdraw funds, you must have a bank account associated with your PayPal
account. You can do this by following the instructions in the Adding a Bank Account section.
If you already have a bank account associated with your PayPal account, you can withdraw
funds using one of the following options:
z Requesting an Electronic Funds Transfer
z Withdrawing Funds by Check
Requesting an Electronic Funds Transfer
If you have a confirmed bank account associated with your PayPal account, you can withdraw
funds from your PayPal account by requesting an electronic funds transfer.
To request an electronic funds transfer:
1. Log in to your PayPal account at
https://www.paypal.com.
2. Click the My Account tab.
3. Click the Withdraw subtab.
4. Click Withdraw funds to your bank account link.
5. Choose the bank account to which you would like to withdraw the funds to, enter the
amount, and then click Continue.
6. Review the details of your transaction, and then click Submit.
The funds should appear in your bank account balance in 3-4 business days.
Withdrawing Funds by Check
If you have a confirmed bank account associated with your PayPal account, you can withdraw
funds from your PayPal account by requesting a check.
To withdraw funds by check:
1. Log in to your PayPal account at
https://www.paypal.com.
2. Click the My Account tab.