How to Cash a Check From PayPalby Kristie Sweet
PayPal allows users to send and receive money quickly for both personal and business transactions using more than 117 million PayPal accounts across the world. Whether from a sale or a personal transfer of funds, you can withdraw money from your PayPal account through a bank transfer, through a PayPal debit card or by requesting a check. Cashing a check from PayPal requires sending through the request and then cashing the check just as you would any other.
Log in to PayPal and place your cursor over "Withdraw" on the Overview menu toward the top of your PayPal account page. Select "Request a Check."
Type how much you want to withdraw in the Amount field and select the appropriate address from the drop-down menu for PayPal to send the check.
Endorse the check when you receive it and take it to your bank. Present it to a teller and ask for cash.
Take the check to the bank that issued the check or an alternative check-cashing agent if you do not have a bank account. These places include grocery stores, discount stores or check-cashing agencies. Endorse the check and present any required supporting information required, such as a picture ID.
- PayPal charges users to withdraw funds through a check ($1.50 as of late 2012). Transferring funds directly to your bank account is free.
- Cashing the check at a location other than a bank where you have an account will likely cost you a service fee.
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