Can't withdraw money to my bank
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Long story short, I live in Japan and have recently started getting my salary via PayPal. Every time I try to withdraw it to my bank account I get an ACH error even though my info I enter matches my bank account info.
The name on my registered PayPal account is, let's say, Jon Smith. But my bank account is registered under the Japanese version of Jon Smith (which I can't write here for some reason. Thanks, PayPal) And that's how I wrote my name on PayPal's transfer request form.
Is this why my transfer is failing? I can't write the name on the transfer as Jon Smith because it requires me to write it in kana. But I also can't change my PayPal registered name to Sumisu [Removed] because the info I used to confirm my identity -- passport, etc -- is written using the alphabet.
So. What do I do? Please help. I'm in real trouble if I can't withdraw this money.
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Check the info in the link especially the limits at the bottom to make sure its not an issue.
Secondly are you trying to withdraw in local currency and have you added and confirmed a bank account on your paypal account.
Lastly are you withdrawing to a bank account or debit card, info on that in the above link.
ok, just checked and edited this post as the link isn't working so I have copied it below.
How do I withdraw funds from my PayPal account?
Once you have registered a US or Japanese bank account to your PayPal account and completed the identity verification process , you will be able to withdraw funds using the following two methods.
- Immediate transfer
- standard transfer
Here's how to withdraw funds from your PayPal account:
- Go to Wallet .
- Click Transfer Funds .
- Select [Immediate] or [Normal] .
- Please follow the instructions.
Here's how to withdraw funds in the app:
- Tap your PayPal balance.
- Tap [Withdrawal] .
- Please follow the instructions.
It usually takes several minutes (up to 30 minutes) for an instant transfer to complete.
Standard transfers may take 3-6 business days.
Here are some tips for withdrawing funds from your PayPal account.
- The minimum withdrawal amount to a Japanese bank account is 251 yen. If the withdrawal amount is less than 50,000 yen , a fee will be charged, but if it is 50,000 yen or more, no fee will be charged.
- The minimum withdrawal amount to a US bank account is 1 USD. Funds will be credited to your bank account within one business day. Please note that withdrawals to US bank accounts are subject to a fee per transaction.
- Your bank may charge a fee when receiving funds from PayPal. Please contact your bank for wire transfer fees.
- If your bank is unable to process your request due to insufficient or incorrect information on your part regarding the withdrawal details, the funds will be returned to your PayPal account (with a refund fee ) . sometimes).
- Withdrawals cannot be canceled once requested.
All transfers are subject to review and may be delayed or stopped if issues are identified .
Advice is voluntary.
Kudos / Solution appreciated.
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Did you actually read my post?? The bit where I state this....................
Lastly are you withdrawing to a bank account or debit card, info on that in the above link.
ok, just checked and edited this post as the link isn't working so I have copied it below.
Advice is voluntary.
Kudos / Solution appreciated.
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