Withdrawing Funds From Your Balance. If you have a PayPal balance in your PayPal business account, you may make a withdrawal from your PayPal account by transferring it to a bank account linked to your PayPal account. To protect us and our users from loss, we may delay a withdrawal in certain situations, including if we need to confirm that you have authorized the withdrawal or if other payments to your PayPal account have been subject to a reversal (for example, as a result of a chargeback, bank reversal or dispute by a buyer). If we place a limitation on your PayPal account, a payment is subject to a hold, or your account or an associated account has a negative balance in any currency while a withdrawal from your PayPal account is pending, you will have to reinitiate the withdrawal once the limitation or hold has been lifted, or the negative balance is fully paid off. We may set limits on your withdrawals, and you can view any withdrawal limit by logging into your PayPal account. Completing the following steps can help us verify your PayPal account, which may allow us to remove any withdrawal cap: • Verifying your bank account; and • Linking and confirming your credit card or debit card information. We may charge a fee to make a transfer to your bank account. If your debit card is eligible to receive withdrawals from your PayPal account, you will be provided the option to use it when you transfer funds out of your PayPal balance, subject to the fees applicable to such transfers that can be found on the Fees for Transferring Balance (for business accounts) page. The applicable fees will be disclosed to you in advance each time you initiate such a withdrawal.
Withdrawing Funds From Your Balance. If you have a VeelPay balance, log into your VeelPay account to see which of these withdrawal options are available in your country/region: • transferring it to a bank account linked to your VeelPay account; or • transferring it to your debit or credit card, where available; or • transferring it to M-Pesa, where available. • transferring it to Paypal, Skrill or any other wallet, where available Depending on the country/region in which your account is registered, you may be able to withdraw your funds through a third party service provider. Please see terms of such third party for information regarding currency conversions. To protect us and our users from loss, we may delay a withdrawal in certain situations, including if we need to confirm that you have authorized the withdrawal or if other payments to your VeelPay account have been subject to a reversal (for example, as a result of a chargeback, bank reversal or dispute by a buyer). If we place a limitation on your VeelPay account, a payment is subject to a hold, or your account or an associated account has a negative balance in any currency while a withdrawal from your VeelPay account is pending, you will have to reinitiate the withdrawal once the limitation or hold has been lifted, or the negative balance is fully paid off. We may set limits on your withdrawals, and you can view any withdrawal limit by logging into your VeelPay account. Completing the following steps can help us verify your VeelPay account, which may allow us to remove any withdrawal cap: • Verifying your bank account; and • Linking and confirming your credit card or debit card information. We may charge a fee to make a transfer to your bank account. If your debit card is eligible to receive withdrawals from your VeelPay account, you will be provided the option to use it when you transfer funds out of your VeelPay balance, subject to the fees applicable to such transfers that can be found on the Fees for Transferring Balance (for personal accounts) page and the Fees for Transferring Balance (for business accounts) page. The applicable fees will be disclosed to you in advance each time you initiate such a withdrawal. Managing Your Balance in Multiple Currencies Holding multiple currencies Your balance of your VeelPay account may be held in any of the currencies supported by VeelPay, and you may hold a balance in more than one of these currencies at the same time. If you hold a balance in your VeelPay account: • We may allow you to conve...
