How to Transfer PayPal to Moneybookers

Today, many online payment solutions are available to users. Some of these options include PayPal, Moneybookers and Alertpay. While these are all suitable options for buying and selling online, they're not compatible with one another. For instance, a user cannot directly transfer funds from Moneybookers to PayPal or vice versa. To do this, you will have to use an intermediary --- the bank that links to these accounts.

Instructions

1. Withdraw funds from your PayPal to your bank. Log on to your PayPal account and select "Withdraw" from the top options. Select the amount to withdraw and wait for the funds to be delivered to your bank.

2. Transfer the funds from the bank linked to your PayPal account to the bank linked to your Moneybookers account. If both PayPal and Moneybookers accounts are linked to the same bank account, you may skip this step.

3. Transfer funds from the bank account to your Moneybookers account. Log on to your Moneybookers account and select "Upload funds." Choose "Bank transfer" as the method of payment. Moneybookers will generate the details at which the funds are to be delivered from your bank account, which includes the bank name and account number of Moneybookers. Instruct your bank to transfer the funds to Moneybookers and ensure your Moneybookers customer ID is given in the top reference field of the transaction. The customer ID is available at the homepage of your Moneybookers account after logging in. The funds will be delivered to your MB account within a few days.

References

• PayPal: Withdraw Funds to Bank Account
• Moneybookers: FAQ --- Transfer Funds From Bank Account to Moneybookers Account