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How to Transfer Money from PayPal to a Pakistan Bank Account?

Published in Finance 3 mins read

Transferring money from PayPal to a Pakistani bank account is generally not possible directly. PayPal does not offer direct bank transfers to Pakistan. However, you can use a third-party service to facilitate the transfer.

Here are some methods you can consider:

1. Using a Money Transfer Service:

  • Skrill: Skrill is a popular online payment platform that allows you to transfer money to Pakistan. You can fund your Skrill account with PayPal and then transfer the money to a Pakistani bank account.
  • WorldRemit: WorldRemit is another reliable service that enables you to transfer money to Pakistan from your PayPal account. They offer competitive exchange rates and provide a secure platform for transactions.
  • Wise (formerly TransferWise): Wise is a global money transfer service that allows you to send money to Pakistan at a lower cost compared to traditional banks. You can link your PayPal account to Wise and transfer money to a Pakistani bank account directly.

2. Using a Local Pakistani Bank:

  • Local Pakistani banks: Some banks in Pakistan offer services where you can deposit money into your account using your PayPal account. You can contact your local bank to inquire about these services.

3. Using a Virtual Bank Account:

  • Virtual bank accounts: Some virtual bank accounts allow you to receive payments from PayPal and then transfer the money to your Pakistani bank account. These services are often available through online payment platforms or financial institutions.

4. Using a Friend or Family Member:

  • Sending money to a friend or family member in Pakistan: You can send money to a friend or family member who has a Pakistani bank account. They can then transfer the money to your account. However, this method is not recommended for large amounts due to potential security concerns.

Important Considerations:

  • Fees: Be aware of the fees associated with each service.
  • Exchange rates: Pay attention to the exchange rates offered by different services.
  • Security: Choose a reputable and secure service.
  • Verification: You may need to verify your identity before using these services.

Remember to always verify the legitimacy of any service before using it to transfer money.

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