How To Transfer Venmo Funds to PayPal Without a Bank Account?

Joshua Ramos
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The growing landscape of digital payment applications has made finances immensely easier for the modern user. However, that changing landscape also makes it tricky to understand what is possible. So, let’s delve into the question of how to transfer Venmo funds to PayPal without a bank account. 

There is little argument to be made about the popularity of both Venmo and PayPal. The latter may well have been the very first digital payment application ever created. Fortunately, the former has become incredibly prominent in the consumer space in recent years. Nevertheless, let’s delve into how to transfer funds between both platforms without the need for a bank account. 

What to Know

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Firstly, it’s important to know that there is no direct way to transfer money between Venmo and PayPal. Specifically, these two payment systems operate individually, and you as the user remain the only connecting piece between the two systems. 

However, there are still ways that you can move funds between the two applications. The process may not be as simple, but there are ways. Alternately, the process of transferring money between the two platforms becomes exponentially easier if you do have access to a bank account. 

Although you are unable to directly link the two, having a bank account allows a transfer of funds to take place. Moreover, it makes it easier to send and receive money between both applications. Specifically, you will maintain both digital payment apps linked to the same bank account. 

Then, you would navigate to Venmo, select Transfer to Bank, and enter the amount. From there, you would select the preferred transfer time frame, either instant or 1-3 days. The difference is clearly preferential, with the 1-3 business day option depending on whether you can wait. Then, you will tap Transfer.

From there, you will navigate to your PayPal account, and select the Transfer Money option. Subsequently, you will choose the Add Monty option and see the bank account that you have linked to both platforms. Finally, choose the bank account and select add. The money should then make its way to your PayPal account in 305 business days. 

Transferring Venmo Funds To PayPal Without a Bank Account

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Transfer money between payment applications with a bank account; it is not impossible to do without one. However, direct transference of funds is impossible, so you will need to use a different method of executing the transfer. Among these is using a third-party platform to facilitate the transaction. Basically, acting in the role that your bank account would play.

Third-Party Applications

There are several options to fulfill this action, all accessible through various digital platforms. Some options to help you transfer your funds from Venmo to PayPal include Xoom or TransferWise. However, these methods do come with certain fees, and require a lot of trust to be placed in them. Subsequently, it is vital that you do research into the companies that you feel most comfortable with handling your funds.

Many of these applications are available as applications on various digital platforms. To use them, you will likely be required to input details from your Venmo account, like your email address, and Venmo password. Subsequently, you would then choose PayPal as the recipient account, before entering details regarding that account. After that, you would select the amount you want to transfer and wait as the funds are processed. 

Again, we reiterate that it is important to keep in mind that these apps are all different. Thus, you will be confronted with differences depending on which platform you opt to use. Moreover, it is extremely important to do the necessary research and understand the applications and what they require from you.

Prepaid Debit Card

One possible way to conduct a transfer without a bank account is through a prepaid debit card. Specifically, you will use a prepaid card as a payment method between both digital payment applications. Subsequently, you should be able to move funds from Venmo, to the prepaid card, and to your PayPal account. 

This option is rather arduous but feasible if you don’t have access to a bank account. Firstly, you will have to purchase a prepaid debit card, that is accepted by both Venmo and PayPal. Then, you will transfer the funds from Venmo to the card. Finally, place the funds from the card into your PayPal account.

Venmo Debit Card
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Additionally, you can transfer Venmo funds to PayPal with a Venmo debit card. If you do not have a Venmo debit card currently, you are able to request one free of charge. This card would be connected to your Venmo account and enable you to use its balance anywhere Mastercard is accepted. 

After you request, and receive your Venmo debit card, transferring funds becomes a little easier. Firstly, you will add the newly received card to your PayPal account. Conversely, to do this, you will navigate to the Wallet of your PayPal account and select the Link a Debit or Credit Card option. 

Then, you will be prompted to enter the card information in the necessary fields and save it to your account. When that card is linked, you can open the Venmo app and select the three-line icon on the top left corner. Then, select the Transfer to Bank section, followed by Instant Transfer. 

After those steps, select the amount that you want to transfer, and choose the Venmo debit card as the destination. Finally, select “Transfer,” and the funds will then be added to your Venmo card. 

After the money is sent to the card, you will then be able to withdraw the funds into your PayPal account. The process is perhaps the simplest way to transfer money from Venmo to your PayPal account without a bank account.