3 bước rút tiền từ PayPal về Momo mới nhất

PayPal has emerged as one of the most popular online payment systems as eCommerce continues to expand globally. Nonetheless, a lot of Vietnamese customers are still unsure about how to transfer money from PayPal to their digital wallets or bank accounts. BurgerPrints has created this detailed instruction on how to move money from PayPal to MoMo if you’re having a similar problem.

Table of Contents

Available Methods for Withdrawing Funds from PayPal

There are a number of ways to take money out of PayPal in Vietnam. Money can be transferred to a Payoneer account, a local bank account, or a Visa card. PayPal provides a variety of transfer options, including automatic withdrawals, normal transfers, and instant transfers, with varying processing times and charge schedules for bank withdrawals. Because of this versatility, users can select the approach that best suits their requirements and budget.

Can You Withdraw Money Directly from PayPal to MoMo?

Due to the lack of official integration between the two platforms, PayPal does not currently accept direct withdrawals to MoMo. Money can still be transferred indirectly from PayPal to MoMo via a connected bank account, though.

The procedure is simple: first, take money out of PayPal and transfer it to a bank account linked to your MoMo wallet. You can move the funds into MoMo as soon as they reach your bank account. As of right now, this approach is the most practical and popular one.

Nội dung liên quan: PingPong là gì? Hướng dẫn đăng ký và sử dụng tài khoản PingPong

Remember that depending on your bank and the amount being transferred, transaction fees and processing times may change.

Step-by-Step Guide: Transferring Money from PayPal to MoMo

As mentioned earlier, direct PayPal-to-MoMo withdrawals are not currently available. Instead, you must complete the process through a linked bank account.

Before getting started, make sure you meet the following conditions: Your bank is supported by both PayPal and MoMo. There are many commonly supported banks , including Vietcombank, VietinBank, VPBank, Eximbank, BIDV, and Agribank, and your PayPal balance must be greater than USD 10.

Step 1: Withdraw Funds from PayPal to Your Bank Account

If you have not yet linked your bank account to PayPal, log in to your PayPal account and navigate to the Wallet section. Select Link a Bank Account and enter your banking information. You will need to provide the following details:

First name
Last name
Middle name (if applicable)
Bank account number
Confirmation of bank account number
International bank name
SWIFT code

The SWIFT code is a unique identifier used for international banking transactions. You can obtain your bank’s SWIFT code directly from the bank or by checking its official website.

Some commonly used Vietnamese banks and their SWIFT codes include:

Bank	SWIFT Code
Agribank	VBAAVNVX
VietinBank	ICBVVNVX
BIDV	BIDVVNVX
Vietcombank	BFTVVNVX
VPBank	VPBKVNVX
Eximbank	EBVIVNVX

Once your bank account has been linked, select Withdraw Funds, enter the withdrawal amount, choose your linked bank account, and click Continue to confirm the transaction.

Important: PayPal charges a fixed withdrawal fee of approximately VND 60,000 per transaction, regardless of the withdrawal amount. There is generally no limit on the number of withdrawals you can make.

Nội dung liên quan: PayPal liên kết với ngân hàng nào ở Việt Nam? Cập nhật mới nhất!

Step 2: Link Your Bank Account to MoMo

MoMo currently supports account linking with more than 20 domestic and international banks operating in Vietnam. If your bank account is already linked to MoMo, you can skip this step.

1. Open the MoMo app and select Link Bank Account.

2. Choose the same bank account that is connected to your PayPal account.

Enter the required information, including:

Full name (uppercase, without accents)
Citizen ID card or passport number
Photos of identification documents
Bank account number

Tap Continue.

3. Log in to your online banking application, go to the “E-wallet” or “Wallet” section (depending on the interface of each bank).

4. Select Add Wallet Link or a similar option. Choose MoMo from the list of supported e-wallets. Enter the phone number registered with your MoMo account. Confirm the information provided.

5. The bank will send an OTP verification code to your registered phone number. Enter the code and confirm the request to complete the linking process.

Step 3: Transfer Funds from Your Bank Account to MoMo

Once your PayPal withdrawal has been successfully deposited into your bank account and the account has been linked to MoMo, you can transfer the funds into your wallet.

Follow these steps:

1. Open the MoMo app and log in.

2. Select Deposit Money.

3. Choose your linked bank account as the funding source.

4. Enter the amount you wish to transfer.

5. Confirm the transaction.

MoMo currently requires a minimum deposit amount of VND 10,000. After confirmation, the money is usually credited to your MoMo wallet within seconds.

Nội dung liên quan: [:en]PayPal Withdrawal Fees to Vietnamese Banks[:vi]Chi phí rút tiền Paypal về ngân hàng là bao nhiêu?[:]

As an alternative, some customers had previously taken out cash and used partner locations to deposit it into MoMo. However, in compliance with revised regulations, MoMo has halted cash deposit and withdrawal services at partner chains such Circle K, Ministop, B’s Mart, GS25, F88, Saigon Co.op, FPT Shop, and The Gioi Di Dong since January 1, 2024.

Conclusion

As you can see, direct withdrawals to MoMo are not currently supported by PayPal. You must first take money out of PayPal and deposit it into a linked bank account before transferring it into your MoMo wallet. For Vietnamese consumers, the procedure is still dependable and practical despite the extra step. We’ll be sure to keep you informed if PayPal ever offers direct e-wallet withdrawal capability.

Remember to frequently check out the BurgerPrints blog for further helpful advice on PayPal, eCommerce, and online business.