** IMPORTANT UPDATE**
You can no longer withdraw funds from your PayPal account direct to your Monese account. We are working on a solution with PayPal, but in the mean time you can still make a direct bank transfer or online payment into you Monese account (using your Monese account details), or if you are in the UK or Romania you can deposit cash via PayPoint, see here: http://blog.monese.com/2015/11/12/how-to-deposit-cash-into-your-monese-account.
In an earlier post we showed you how to link your Monese Visa debit card to your PayPal account. It’s great because once you’ve done that, you’re able to withdraw funds directly from your PayPal acount to your Monese card. It’s super easy!
If you’re on ‘My Account‘, click on ‘Withdraw‘ in the top menu. Make sure to click on it as simply hovering won’t give you the right choices.
Then choose ‘Withdraw funds to your card‘.
You can then enter the amount you wish to put on your Monese card. Make sure you have selected the right card from the dropdown menu to withdraw to. Your funds will be converted to British Pounds and you can check the currency converter for the exact amount transferred before you make the withdrawal. If you haven’t yet added your Monese card, click ‘Add Card‘. If you need help linking your card, see our previous post. Then click ‘Continue‘.
You will then see the summary of the withdrawal you’re about to make before you confirm it. It will list the amount you’re withdrawing, the PayPal fee and the amount you will receive on your Monese card.
Important: Please note that PayPal needs up to 3 days to review your payment and once they have released your funds, it will take an additional 4 hours before they deposit them on your Monese card.
Now all you need to do is click ‘Confirm‘.
And that is how you can withdraw funds from PayPal to your Monese Visa debit card.
Don’t have a Monese account yet? You’ll want to have one – it’s FREE, it comes with a Visa debit card, a slick mobile app and super cheap international payments. Open it in less than 3 minutes using our mobile app, regardless of which EEA country you live in. Too good to be true? Try it now and see for yourself – it’s real! Visit www.monese.com