How to withdraw cash from PayPal to a Hong Kong bank account?How much is the handling fee?

PayPal withdrawals via Hong Kong bank accounts are only available for personal and premium accounts.

PayPal withdrawal and transfer to Hong Kong bank account, mainly divided into 3 steps:

  1. Step XNUMX: Add a Hong Kong bank account
  2. Step XNUMX: Fill out the transfer request
  3. The third step, complete

How to withdraw cash from PayPal to a Hong Kong bank account?How much is the handling fee?

Step XNUMX: Add a Hong Kong bank account

  1. Log in to your PayPal account, click "Withdraw to your Hong Kong account" in the "Withdraw" drop-down menu → enter the "Add Bank Account" page;
  2. In the "Country or Region" drop-down menu, select "Hong Kong", and then fill in the Hong Kong bank account information you added:
  3. Click the "Continue" button.
  4. Confirm the Hong Kong bank account information to be added, and then click "Add Bank Account"; if you need to modify it, click "Edit" to return to the previous page.

Warm reminder PayPal withdrawal to Hong Kong bank account

  • 1) Currently, all banks in Hong Kong support PayPal withdrawal;
  • 2) The time required to apply for a Hong Kong bank account depends on the regulations of the local bank (for details, please refer to the announcement of each bank);
  • 3) Please make sure that your bank account and the sending information of the transfer request are correct, otherwise the withdrawal/withdrawal will fail;
  • 4) If the withdrawal fails, the cash withdrawal amount (after deducting bank charges) will be returned to your PayPal account. PayPal will charge you a refund fee of HK$20.

Step XNUMX: Fill out the transfer request

  1. Transfers from a PayPal account must meet the minimum withdrawal amount: HKD 80, please fill in your transfer and withdrawal amount in the corresponding fields, then click "Continue".
  2. Confirm the information for withdrawing funds and click "Submit"; if the information is incorrect and needs to be revised, click "Edit" to return to the previous page.

The third step, complete

  • After completing all the above operations, the page will display "Your electronic funds transfer application is in process", indicating that your transfer application has been completed.
  • Please wait patiently for 3-6 working days, your funds will be successfully transferred.
  • You can now click "Go to My PayPal" to view wire transfer transaction information.

How much is the handling fee for PayPal withdrawal to a Hong Kong bank account?

Please refer to the regulations of the various banks in Hong Kong and the PayPal rate table for the fees associated with withdrawals from Hong Kong bank accounts.

PayPal withdrawals to a Hong Kong bank account over HKD 1,000 are free, but subject to a 2.5% exchange fee.

Also, funds in your own Paypal cannot be transferred to someone else's bank account, like in ChinaAlipayIn the same way, you can only bind your own bank card.

Extended reading:

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