How Do I Withdraw Money From Paypal To Cebuana Lhuillier

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Ever needed quick cash and thought about moving your PayPal funds to a convenient Cebuana Lhuillier outlet? You're in the right place! This comprehensive guide will walk you through the process step-by-step, ensuring a smooth and hassle-free 1 experience. Let's get started!  

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Step 1: Linking Your PayPal Account to Coins.ph

First things first, you'll need a Coins.ph account and link it to your PayPal. Don't worry if you don't have one yet; it's a straightforward process.

Creating a Coins.ph Account (If You Don't Have One)

  1. Download the App: Head over to your phone's app store (Google Play Store or Apple App Store) and search for "Coins.ph." Download and install the application.
  2. Sign Up: Open the app and tap on "Create an Account." You'll be asked to provide your mobile number or email address and create a secure password.
  3. Verify Your Mobile Number/Email: Coins.ph will send a verification code to your registered mobile number or email. Enter this code in the app to confirm your account.
  4. Complete Account Verification (KYC): To access all features, including PayPal linking and withdrawals, you'll need to complete the Know Your Customer (KYC) process. This usually involves providing a valid government-issued ID and a selfie. Follow the instructions within the Coins.ph app to complete this step. This is a crucial step, so make sure you provide accurate information.

Linking Your PayPal Account

Once your Coins.ph account is verified, you can link your PayPal account:

  1. Navigate to "Cash In": In the Coins.ph app, look for the "Cash In" option, usually found on the main dashboard or within the "Wallet" section. Tap on it.
  2. Select "PayPal": You'll see a list of cash-in options. Choose "PayPal."
  3. Enter Your PayPal Email Address: You will be prompted to enter the email address associated with your PayPal account. Double-check that you've entered it correctly.
  4. Authorize the Link: Coins.ph will redirect you to a PayPal login page. Log in to your PayPal account and grant Coins.ph permission to access your PayPal funds.
  5. Confirmation: Once the linking is successful, you'll receive a confirmation message within the Coins.ph app. Congratulations, your PayPal account is now linked!

Step 2: Initiating the Withdrawal from PayPal to Coins.ph

Now that your accounts are linked, you can move your funds from PayPal to your Coins.ph wallet.

  1. Go to "Cash In" Again: In the Coins.ph app, navigate to the "Cash In" section once more.
  2. Select "PayPal": Choose the "PayPal" option from the list of cash-in methods.
  3. Enter the Amount: Specify the amount you wish to withdraw from your PayPal account to Coins.ph. Be mindful of any minimum or maximum withdrawal limits that Coins.ph might have.
  4. Review and Confirm: You'll see a summary of the transaction, including the amount you're withdrawing and any applicable fees (if any). Review the details carefully and tap "Confirm" to proceed.
  5. Processing Time: The transfer from PayPal to Coins.ph usually takes a short amount of time, often within minutes, but it could occasionally take longer depending on PayPal's processing times. You'll receive a notification in your Coins.ph app once the funds are credited to your PHP wallet.

Step 3: Cashing Out from Coins.ph to Cebuana Lhuillier

With your PayPal funds now in your Coins.ph PHP wallet, you can proceed to cash out at a Cebuana Lhuillier branch.

  1. Navigate to "Cash Out": In the Coins.ph app, look for the "Cash Out" option. It's usually located on the main dashboard or within the "Wallet" section. Tap on it.
  2. Select "Cebuana Lhuillier": You'll see a list of cash-out options. Choose "Cebuana Lhuillier."
  3. Enter the Amount: Specify the amount you want to withdraw from your Coins.ph PHP wallet. Ensure this amount is within the available balance.
  4. Provide Recipient Details: You will need to provide the following information for the person who will be claiming the funds at Cebuana Lhuillier:
    • Full Name: The complete name of the recipient (as it appears on their valid ID).
    • Mobile Number: The recipient's active mobile number.
  5. Review and Generate Reference Code: You'll see a summary of the transaction, including the cash-out amount, applicable fees, and the recipient's details. Review everything carefully and tap "Cash Out." Coins.ph will then generate a unique reference code for your transaction. Keep this reference code safe and share it only with the intended recipient.
  6. Visit a Cebuana Lhuillier Branch: The recipient needs to go to any Cebuana Lhuillier branch.
  7. Present Requirements: At the Cebuana Lhuillier counter, the recipient must present the following:
    • The reference code generated by the Coins.ph app.
    • A valid government-issued ID (e.g., driver's license, passport, national ID). The name on the ID must match the recipient name provided in the Coins.ph app.
    • The mobile number used for the transaction.
  8. Receive the Funds: After verification by the Cebuana Lhuillier staff, the recipient will receive the cash. Make sure to count the money before leaving the counter.

Important Considerations:

  • Fees: Be aware that both Coins.ph and Cebuana Lhuillier may charge fees for these transactions. The fees will usually be displayed within the Coins.ph app before you confirm the transaction.
  • Transaction Limits: There might be daily or monthly limits on the amount you can withdraw through Coins.ph and Cebuana Lhuillier. Check the respective platforms for these limits.
  • Valid ID: Ensure the recipient has a valid government-issued ID that matches the name provided in the Coins.ph app. Without a valid ID, Cebuana Lhuillier will not release the funds.
  • Internet Connection: You will need a stable internet connection to perform the linking and withdrawal processes through the Coins.ph app.
  • Processing Times: While usually quick, processing times for both PayPal to Coins.ph and Coins.ph to Cebuana Lhuillier can vary. Plan accordingly if you need the funds urgently.

How to FAQs:

How to create a Coins.ph account?

  • Download the Coins.ph app, sign up with your mobile number or email, verify your account, and complete KYC.

How to link my PayPal account to Coins.ph?

  • Go to "Cash In" in the Coins.ph app, select "PayPal," enter your PayPal email, and authorize the link on the PayPal website.

How to withdraw money from PayPal to Coins.ph?

  • Go to "Cash In" in Coins.ph, select "PayPal," enter the amount, review, and confirm.

How to cash out from Coins.ph to Cebuana Lhuillier?

  • Go to "Cash Out" in Coins.ph, select "Cebuana Lhuillier," enter the amount and recipient details, and generate a reference code.

How to claim the money at Cebuana Lhuillier?

  • The recipient needs to present the reference code, a valid government-issued ID, and the registered mobile number at any Cebuana Lhuillier branch.

How to check the fees for withdrawing to Cebuana Lhuillier?

  • The fees are usually displayed within the Coins.ph app before you confirm the cash-out transaction.

How to find the nearest Cebuana Lhuillier branch?

  • You can use the Cebuana Lhuillier website or app to locate the nearest branch.

How to know if my PayPal to Coins.ph transfer is successful?

  • You will receive a notification in your Coins.ph app once the funds are credited to your PHP wallet.

How to troubleshoot issues with linking PayPal to Coins.ph?

  • Ensure your PayPal email is correct, you have granted necessary permissions, and your Coins.ph account is fully verified. Contact Coins.ph support if problems persist.

How to handle incorrect recipient details for Cebuana Lhuillier cash out?

  • Contact Coins.ph support immediately to inquire about the possibility of modifying or canceling the transaction.
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How Do I Withdraw Money From Paypal To Cebuana Lhuillier

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