How do you transfer money from PayPal to a bank account?

Nick Bendel

Nick Bendel

Nov 3, 2017( 1 min read )

Transferring money from PayPal to an Australian bank account is simple. Just follow these three steps:

  • Go to your Wallet
  • Click ‘Transfer Money’
  • Follow the instructions

The money will take three to seven business days to reach your bank account.

Once you’ve made the transfer request, it can’t be withdrawn.

Related FAQs

Centrelink can’t directly access your bank account – but it can gain indirect access under certain circumstances. First, data-matching software would need to identify that you might have received money to which you weren’t entitled. This could happen if the software discovered that you provided certain information about your financial position to Centrelink but different information to the Australian Taxation Office. Second, Centrelink would then have to ask your bank to provide details about your account. But even then, Centrelink would not be able to remove money from your bank account.


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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

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