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5 Min. Read

How to Transfer Money to PayPal Account in 5 Steps

How to Transfer Money to PayPal Account in 5 Steps

PayPal is one of the most convenient online payment platforms available. They’re also one of the first, and they’ve been setting the bar high since their inception. You can use the service to send money to friends, or use it to accept payments as a business owner. No matter how you choose to use it, PayPal does its best to make it easy. If you’re just getting started with PayPal and you need some pointers, you’ve come to the right place. Today we’re going over how to transfer money to your PayPal account!

Here’s What We’ll Cover:

Why Should I Transfer Money to My PayPal Account?

Transfer Money to Your PayPal Account in 5 Steps

Frequently Asked Questions About Bank to PayPal Transfers

Key Takeaways

Why Should I Transfer Money to My PayPal Account?

PayPal is the preferred payment method for tons of online retailers. It’s also a convenient way for you to pay on the go using the PayPal app, which can be found on Google Play and the App Store. One of the biggest reasons to keep money in a PayPal account is for paying recurring bills, though.

PayPal lets users set up recurring payments, which can make paying bills and invoices easy! But to make it as convenient as possible, you need to have some money in the account. This lets the process go on uninterrupted. Thankfully, the program lets you keep money in the account when you need to.

Transfer Money to Your PayPal Account in 5 Steps

Adding money to your PayPal account is easy, and only takes 5 steps to complete. There are some requirements to be able to do this, though.

Requirements for Transferring Money to Your PayPal Account

If you want to transfer money to your PayPal account, you have to meet the following requirements:

  • You must have a PayPal Cash or PayPal Cash Plus account
  • You must have a linked and confirmed bank account

If you meet these requirements, keep reading to learn how to transfer money to your account.

1. Log Into PayPal

Using your PayPal associated email address and password, log into PayPal on your computer like you normally would.

2. Click ‘Wallet’

In PayPal, Wallet is where your payment information is stored. It’s also where you can view your PayPal account balance.

3. Click ‘Transfer Money’

When you’re in your PayPal Wallet, you’ll be given the option upfront to transfer money into your account.

4. Click ‘Add money to your balance’

This will navigate you to the area where you’ll select the bank details for your money transfer.

5. Sort Out the Details

This is the part where you get to make your decisions. Choose the linked bank account you’d like to transfer money from, and select the amount of money you want to transfer. Once you’ve set the options to what you’d like, simply click ‘Add.’


Once you’ve completed the transfer, you’ll be given confirmation of the transaction. Bank details will be provided, as well as the amount of money added to the account.

Frequently Asked Questions About Bank to PayPal Transfers

Are There Transaction Fees?

There are no transaction fees when transferring money from a bank to your PayPal account. This makes using PayPal for payments more economical than other methods. Methods like electronic funds transfers or an expensive wire transfer service can be costly.

How Long Does it Take to Transfer Funds From a Bank?

When transferring money from a bank to PayPal it typically takes 3-5 business days. This is dependent upon your online banking service, however. Some transfers happen faster, while others take longer.

What Payment Methods Can I Use to Add Funds to My PayPal Account?

At this point in time PayPal only lets you add funds to your account using a bank account. While other payment methods like a credit card or debit card can be linked, they cannot be used.

I Wasn’t Able to Add Funds, Why?

There are a few reasons that funds can’t be added to your account. The first is that the account is not a PayPal Cash or Cash Plus account. The other main reason is that there is a limitation placed on the account itself.

If the funds can’t be added due to an error, it may be an issue with your browser. Try using the PayPal mobile app to transfer funds. If the problem persists, you may have to contact PayPal.

Key Takeaways

PayPal is one of the most popular online payment programs. They offer fast, fee-free bank transfers when you’re adding to or withdrawing from your account. PayPal is an excellent option for receiving money from friends or customers, and can be used in retail locations! Consider using PayPal today! If you want more PayPal guides, be sure to check out our resource hub, too!