How Long Does It Take PayPal to Transfer to Your Bank Account?


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Withdrawing PayPal money to your bank account?


Setting up PayPal for your work at home jobs is smart. It’s an almost universal way to get paid online because most people already use it. It can be easily linked to your bank account for withdrawals and if you’re in the USA, you can opt for a PayPal debit card and take money out of an ATM bank machine. I’ve used it since early 2006 and I’ve learned to predict transactions for most of the time.

If you’re in Canada, when do PayPal Transfers Reach Your Bank Account?

I’ve dealt with PayPal with TD Bank, with Royal Bank, and occasionally with ING Direct. Here has been my experience:

Transfer from PayPal on Monday – Arrival Wednesday

Transfer from PayPal on Tuesday – Arrival Thursday

Transfer from PayPal on Wednesday – Arrives on Friday

Transfer from PayPal on Thursday -  Arrives Monday

Transfer from PayPal on Friday  – Arrives on Monday

Transfer from PayPal on Saturday  – Arrival on Monday

Transfer from PayPal on Sunday – Arrives Tuesday

What are PayPal Transfer Timing Cut Offs:

If I transfer before 5:pm PST (8:pm EST), the funds arrive according to the above schedule. If I transfer later than that, it doesn’t start processing until the following day. An exception is my Payoneer ACH  US Virtual Account / Debit Mastercard. I have submitted transactions at 10:30 EST (7:30 PST) and have seen the same 2 day turnaround. I haven’t yet experimented with later transactions.

What Time do the Funds Arrive in your bank account from PayPal?

(These are not guarantees and are based on personal experience only)

TD Bank accounts vary from 5:15 pm to 5:45:pm arrival.

Royal Bank accounts varies from 2:30-3:pm arrival.

Payoneer varies from 5-6am arrival. Update: There seems to have been a change lately and this is now often arriving in the late afternoon instead of first thing in the morning

We  haven’t tested timing for ING Direct arrival yet.

What About PayPal Transfers and Holidays:

If you’re in Canada and receive PayPal payments, it’s prudent to know when there are US holidays so you can be prepared for transfer delays. If there’s a US holiday, there will be a one day delay. If there is a Canadian holiday but it’s a regular business day in the US, the funds usually post first thing the following morning (so if you’re accustomed to 5:30 deposit time on Monday and Monday is a holiday, it may be there first thing Tuesday morning). If there’s a US only holiday, I’ll often transfer funds to my Payoneer account so I don’t have to wait the extra day for my funds, if needed.

Mysterious Transfer Delays on PayPal

Sometimes, for whatever reason or another (less than 10% of the time) there’s an extra day involved. If you are waiting on funds always try to leave an extra 24 hours for the funds to arrive .Most times you’ll see that they arrive on schedule but there are some inexplicable delays that occur from time to time.

Bottom line: PayPal usually lists a 3-5 day transfer period but in my experience it is generally within 48 hours except on weekends.

Do you do PayPal transfers with other banks (CIBC, Bank of Montreal, or other banks in Canada, the US, or elsewhere?) If so, kindly share your experiences about transfer timelines and time of arrival.

Got questions? We’ll try our best to answer but may need to defer to PayPal’s customer service. If you need to speak to them, try

Late 2014 Update: Lately I’ve been getting the same results but in 24 hours instead of 48 :)


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Friday, September 23rd, 2011 PayPal

20 Comments to How Long Does It Take PayPal to Transfer to Your Bank Account?

  1. I found this website as I was wondering how long it would take to get the money out of my paypal. I have a TD account, and my transfer request is still “Pending”. It is been 24 hours already. I want to know how and why you can transfer your money to your bank account so fast. I have a verified premium paypal account.

  2. Moca on October 14th, 2011
  3. Hi,
    It often takes about 48 hours for PayPal to go to your bank account, unless it’s over the weekend. But, if you transferred it Thursday, it could be in your account as soon as Monday. (I’ve seen transfers to TD around 5:30pm) in Canada.

  4. Dana Prince on October 14th, 2011
  5. Hi, Thanks for your reply. Every time I buy something on ebay and use my bank account as a source(via paypal), the money is normally taken out of my bank account after 2 business days, so I naturally assumed I could get the money next Monday. However, the transaction status is still pending. I also read many stories on the net that people are waiting from pending to completed for a week, so I got little nervous. I will let you know when I get it.

  6. Moca on October 14th, 2011
  7. If you look later today, (probably this afternoon) you might see that it’s processed on PayPal’s side and if you click through to look at the details on the transaction, it will probably show when it was processed. They’re on California time as well so if you’re looking now, it’s probably not rolled over from last night on their ‘business clock’…if you know what I mean. Good luck.

  8. Dana Prince on October 14th, 2011
  9. Hi, Thanks for your help and information. I got my money in my bank account today. (Monday) When I checked out my bank account around 2:00 pm, it was not there. However, when I went to the bank at 6:00 pm, the money was there. To be honest, I am not sure what time the money was received.

  10. Moca on October 17th, 2011
  11. Glad it worked out. Thanks for the update!

  12. Dana Prince on October 18th, 2011
  13. [...] how long it takes to do PayPal transfers I’ve got info on this blog: PayPal setup and PayPal transfer timeline). Minimum payout is 10 Euros and you need to request payout in their [...]

  14. Textbroker UK – Now Hiring UK, Canadian, and Australian Writers | The Work At Home Blog on December 1st, 2011
  15. My question is the opposite. I need to get money INTO my PayPal account in order for me to make a US purchase in time for Christmas. I bank with Scotia, and was wondering how long it will take to reach PayPal. I transferred the funds on Wednesday 7 Dec.

  16. Air Controller on December 9th, 2011
  17. Hi Air Controller…
    I, personally, have never done a transfer into paypal but have had clients pay me by e-cheque from the UK and US. UK takes about 2 weeks, typically, but US is usually 3-5 business days. I’ll post this question on Twitter to see if anyone has experience.

  18. Dana Prince on December 9th, 2011
  19. Hi

    I’d like to know what is the delay for transfering money from paypal to a Cibc bank account.Instead of receiving the money I received 2 small deposits. When I checked the transaction details it shows complete.

  20. Nick on January 23rd, 2013
  21. Hi Nick,
    That sounds like the transfer that PayPal uses to verify your account. If so, you put those two small deposit amounts into your PayPal account in the verification section and after you’ve confirmed that you can start doing regular transfers. All banks I’ve used (3 or 4 different ones) have all taken 2 business days. Hope that helps?

  22. Dana Prince on January 23rd, 2013
  23. I back with C.I.B.C. I used Pay Pal Canada. And after I got my account confirmed,(which took 3 days) I requested a money transfer!! I never purchased anything with it yet!! My Balance on my account was $700.00. That was 4 days ago!! I looked this morning and still no Deposit from Pay Pal Canada yet!!
    Can anyone who backs with C.I.B.C, or know of a person who does who has done this???
    Can you tell me how long it takes with C.I.B.C to receive my funds?????
    I know some ppl it’s 2-3 days. But I dont see comments if you bank with C.I.B.C.
    Thank you.

  24. Warren on April 11th, 2014
  25. Are you transferring money to paypal from cibc or from cibc to paypal?
    Most banks it takes 2 business days if transferring from PayPal to the bank. I’ve never done a reverse transfer (from my account to paypal) but have had e-checks and it usually takes 3-5 days for echecks to clear.

  26. Dana Prince on April 11th, 2014
  27. This was the most comprehensive answer I have found for this question…well done and thanks :)

  28. Andrea Vaughan on November 20th, 2014
  29. Lately PayPal has been transferring within 24 hours to Canadian accounts on business days. Hopefully this is the new norm!

  30. Dana on November 20th, 2014
  31. UPDATE You called it right on time…my funds deposited at 5:27pm to td bank…made the request on Tuesday..funds cleared on Thursday at 5:27pm..seriously..your info was right on target..thanks for great info

  32. Andrea Vaughan on November 20th, 2014
  33. Glad to hear it! I’ve been getting 24 hour transfers lately and it’s still 5:27 but instead of 2 days, it’s been just 1, which has been awesome!

  34. Dana Prince on November 20th, 2014
  35. CIBC time is 6:37 pm

  36. Colleen on February 24th, 2015
  37. Thanks, Colleen!

  38. Dana Prince on February 24th, 2015
  39. In my experience with Tangerine( formerly ING Direct), it takes the full 5 business days. Probably because they are a smaller bank that works primarily online.

  40. William on March 10th, 2015

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