Hello I have a paypal account. I have added my dad\'s bank account to it. Can I withdraw my amount to it. Is is important to have the bank account name and paypal name same?? Thanks
yes, it is necessary that paypal account holder and bank account holder name are the same. Otherwise your bank would reverse the transaction and PayPal will take the return fee.
Yes both the names should be same,one more possibility is if your father's last name and your last name is same,then also you can withdraw.
I do not think one can withdraw the money to a bank account, if the last name is the name. You got to change the first name on your paypal account, to match it with the one that appears on the bank account, to be able to successfully carry out the withdrawal transaction. Regards, RightMan
I have done that... my sister's last name and my last name is same,i just changed the first name and was able to successfully withdraw money in my sister's account
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In order to withdraw the money to your local bank account, your paypal name and the bank name should be matched. If it is not and you withdraw the money then your transaction would be reversed and you will get the penalty fee by paypal. I dont know the exact amount but the will charge you $1 for this reversal transaction.