How do I send money from Venmo to PayPal? [Comprehensive Guide]
Are you
wondering how
to transfer money from Venmo to PayPal? So be informed that there is no
direct method for transferring funds from Venmo to PayPal. There is no direct
integration between both these apps. However, there is an alternative method
for moving out funds from Venmo to PayPal. You need to link a common bank
account between both these apps. The process is like bank transfers. The
transfer option and exchange rate you choose as part of the process may result
in additional fees or longer processing times.
How to
Send Money from Venmo to PayPal
When you send
money from Venmo to PayPal there are multiple steps involved in it. As
there is no direct method so alternative method requires you to first of link a
common bank account with both these apps. After linking a bank account transfer
money into it then move it Venmo or the PayPal. Here is how
to send money from Venmo to PayPal:
Step 1:
Link Your Bank Account to Venmo
In the first
step you need to link a bank account with Venmo. Venmo allows its users to link
a bank account or card by taking the steps mentioned below:
·
Download
the Venmo App on your smartphone.
·
Select
Setting options
·
Here
select the option of Payment Method
·
Now
among the given option select your bank
·
After
this enter your bank account details and submit.
Step 2:
Transfer Money from Venmo to Your Bank Account
After
linking your bank account with Venmo, you need to transfer money into it. Venmo
allows its users to transfer money from Venmo to bank account. Here is how to
transfer money from Venmo to bank account
·
Open
the Venmo app
·
Tap
on the three horizontal lines at the top left corner.
·
Select
the "Transfer to Bank."
·
Then
enter the amount and speed of your transfer.
Step 3:
Link Your Bank Account to PayPal
Then, you
can link your PayPal account with the same bank account.
·
Log
in to PayPal using the app or website.
·
Choose
"Wallet" in the main menu.
·
Enter
your bank information by clicking "Link a Bank."
·
You
can confirm or use Instant Verification to verify small PayPal deposits.
Step 4:
Transfer Money from Your Bank Account to PayPal
BY taking the
steps mentioned below you can easily move funds from your bank account to
PayPal:
·
Log
in to PayPal using the app or website.
·
In
the Wallet tab select the Add Money to your Balance option
·
At
last, enter the amount and submit it.
FAQ
How does
Venmo money transfer work?
Venmo allows
its users to transfer and receive money. Venmo transfer work through bank
transfers.
How do I
get my money out of Venmo?
If you want
to get money out of Venmo, you need to use a linked bank account.
Can I
transfer money from Venmo to a PayPal card?
It is not
possible to transfer
money from Venmo to PayPal card directly. Venmo and PayPal card works
independently so there is no direct integration.
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