Recently, I discovered that’ a lot of people are very anxious to know if they can transfer money from venmo to paypal without a bank account? Probably you want to send money to someone who uses PayPal. Well, everything you need to know about sending money from Venmo to Paypal has been written down here.
Digital banking platforms have made sending and receiving of funds so easy for us, you can effortlessly carry out transactions from the comfort of your zone. However, this can only work perfectly on integrated banks, Apps/websites.
Can You Transfer Venmo To PayPal?
The process to transfer from venmo to paypal is not straight forward, you can’t send money directly from Venmo account to Paypal without bank account. However, you can use a third party digital banking platform or bank account.
How To Transfer Venmo To PayPal Without Bank Account
Venmo doesn’t have a feature that enable users to transfer money directly to Paypal without bank account. Hence, we are going to show you a tricky way to send money from your Venmo account to Paypal. Let’s quickly proceed;
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Use A Friend Or Family Member
Do you have a friend or family member who has both Venmo and Paypal account? If yes, then’ you have gotten the best method to transfer venmo to paypal without bank account.
You can ask them to help you send the money to your PayPal account, all you have to do” is to transfer the money to their Venmo account and have them send it back to you through PayPal. It’s very easy and free, that’s if you are able to find someone who’s willing to help you.
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Using A Cryptocurrency Exchange
If you’re familiar with cryptocurrency exchange, then’ you can use it to transfer money from Venmo to Paypal. My friends and I use this method, and it’s very easy. All you have to do, is to sell your Venmo balance (amount you want to transfer) for cryptocurrency and use the cryptocurrency to purchase PayPal balance.
The method is very fast, reliable, and there’s no fee attached to it. However, it can be risky if you aren’t familiar with cryptocurrencies.
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Use PayPal ATM
You can add transfer money from your Venmo account to Paypal if there’s any nearby PayPal ATM. All you have to do is to insert your Venmo debit card into the ATM and select “Transfer Money.” Then, click on “Add money to your balance” and choose your PayPal account.
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Use Xoom
Xoom is a third party app that you can use to transfer money from Venmo to Paypal without bank account. It’s very easy to sign up with and transfer money, kindly follow the guidelines below;
- First of all, download Xoom App from Google play or apple store.
- Instant and sign with your valid credentials.
- Add your Venmo account to Xoom and proceed to carry out transfer.
- Select PayPal as your preferred transfer platform and enter the PayPal email address
- Type in the amount of money you want to transfer and click send to confirm the payment.
- Wait for some seconds to finish the transaction.
Congratulations! You have successfully transferred money from Venmo to Paypal without bank account.
NOTE: Sending money from your Venmo account to Paypal using Xoom third party App comes with fee. Yes, you heard me right! You will be charge depending on the amount of money you transferred. Please read their terms and conditions, security feature, charges and refund policy before you proceed to using the app.
Transfer Venmo To PayPal
Now let’s explain how to transfer venmo to paypal, follow these guidelines;
- Login to your Venmo account
- Navigate “You” on the profile icon and click “Transfer Balance“
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Credit: businessinsider - Type in the amount of money you want to send, and select Instant transfer or 1-3 business days. But have it in mind that “Instant transactions” will be charged a 1.5% fee.
- Next, select your bank account and click on the Transfer button.
- Login to your PayPal account.
- Navigate the “Wallet Tab” and click on “Transfer Money”.
- Tap “Add Money” to your balance
- Choose your bank account, type in the amount of money you want to transfer, and tap Add.
The above guidelines requires a bank account and it’s very easy. However, if you wouldn’t want to use link your account, go ahead and use any if the above guidelines.
Is There A Way To Get Money Out Of Venmo Without Bank Account?
Yes, you don’t need to have a bank account to get money out of Venmo, you can effortlessly use your “Venmo debit card” to get money out of Venmo without bank account. The Venmo debit card perform the same function as your other card.
How To Get Money Off Venmo Without Card Or Bank Account
There are a few ways to get money off Venmo without a card or bank account. And you can do this, by using a money transfer service, asking a friend to help you, and also by using Venmo Cash at participating merchants.
Conclusion
For those asking “can i transfer money from venmo to paypal? I hope you have learnt how to transfer Venmo to Paypal without bank account? It’s very easy and you can check our related articles on internet banking guide.