Depop balance transfers to your bank account through Depop's built-in payout system
When you sell items on Depop, your earnings sit in a Depop balance until you move them out. You cannot transfer directly to a bank account—Depop requires you to move money to a connected payment processor first, then from there to your bank. The two routes are Depop's direct deposit feature (if available in your region) or PayPal, which Depop integrates with. Direct deposit is faster; PayPal adds an extra step but works everywhere Depop operates.
The timeline matters: direct deposits typically land in 1 to 3 business days after you request them, while PayPal transfers can take 1 to 2 business days from PayPal to your bank, plus however long Depop takes to send money to PayPal (usually same-day). Both methods are free from Depop's side, though your bank may charge a fee for incoming transfers depending on your account type.
Key Takeaways
- Depop balance moves to your bank only through direct deposit or PayPal; there is no direct bank transfer option.
- Direct deposit requires you to add your bank routing and account number in Depop's settings and request a payout, which takes 1 to 3 business days.
- PayPal requires linking your PayPal account to Depop, transferring your balance to PayPal, then withdrawing from PayPal to your bank—three separate steps.
- You can request a payout only after your balance reaches Depop's minimum threshold, which varies by region but is typically $2 to $5.
- Depop holds payouts for 2 to 3 days after a sale closes before the money is available to transfer, so recent sales may not show as transferable yet.
Setting up direct deposit in Depop
Direct deposit is the faster route if Depop offers it in your country. Open the Depop app, go to your profile, tap Settings, then Payments. Look for "Direct Deposit" or "Bank Transfer"—the exact label varies by region. Tap it and enter your bank's routing number and your account number. Depop will verify these details, which usually takes one business day.
Once verified, your balance becomes available to transfer. Go back to Payments, select Direct Deposit, and tap "Request Payout" or "Withdraw." Enter the amount (or select "Withdraw All") and confirm. Depop will send the money to your bank within 1 to 3 business days. Check your bank account for a deposit from "Depop" or the payment processor Depop uses in your region—it may appear under a different company name.
If you do not see a Direct Deposit option in your Payments settings, Depop does not yet offer it in your location. Move to the PayPal route instead.
Using PayPal as a middle step
If direct deposit is not available to you, PayPal is the standard alternative. First, make sure you have a PayPal account—create one at paypal.com if you do not. Then open Depop, go to Settings > Payments, and look for "PayPal" or "Linked Accounts." Tap it and follow Depop's prompts to connect your PayPal account. You will be sent to PayPal to authorize Depop, then returned to Depop to confirm the link.
Once linked, your Depop balance can move to PayPal. In Depop's Payments section, select PayPal and tap "Transfer to PayPal" or similar. Choose your amount and confirm. Depop usually sends the money to PayPal the same day, though it can take up to 24 hours. You will see the money land in your PayPal account balance.
From PayPal, withdraw to your bank account. Open PayPal, go to Wallet or Money, select your bank account, and choose "Transfer to Your Bank" or "Withdraw." Enter the amount and confirm. PayPal typically processes this in 1 to 2 business days, though some banks receive transfers faster. The money will appear in your bank account under a PayPal transfer.
Understanding Depop's payout hold and minimum balance
Depop holds your earnings for 2 to 3 days after a buyer's payment clears. This is a fraud prevention measure—if a buyer disputes the purchase or their payment fails, Depop needs time to reverse the transaction before your money leaves the platform. Until this hold lifts, the balance shows in your Depop account but is not available to transfer.
You also cannot request a payout below Depop's minimum threshold. This minimum is typically $2 to $5 depending on your region and currency, but Depop does not always display it clearly. If you try to request a payout and see an error message, your balance is likely below the minimum. Wait until you have more sales or check Depop's help center for your region's specific threshold.
What to do if your payout fails or does not arrive
If you requested a payout and it did not land in your bank account after 5 business days, first check that you entered your bank details correctly. Go back to Depop's Payments settings and verify your routing number and account number match your bank statement exactly. A single digit wrong will cause the transfer to fail and bounce back to Depop.
If the details are correct, contact Depop's support team through the app. Go to Settings > Help & Support, select "Payments" or "Payouts," and describe the issue. Include the date you requested the payout and the amount. Depop's support team can see the transaction on their end and will either resend it or investigate why it failed. Response times vary, but Depop typically replies within 2 to 5 business days.
If you used PayPal and the money reached PayPal but not your bank, the issue is on PayPal's side. Log into PayPal, check your transaction history, and verify the bank account you selected for withdrawal. If the bank details in PayPal are wrong, the transfer will fail. Contact PayPal support to trace the transfer or request a reversal back to your PayPal balance so you can try again with corrected details.
Fees and what to expect when money arrives
Depop does not charge a fee to transfer your balance to your bank account or to PayPal. However, your bank may charge a fee for incoming transfers if you have a basic checking account or a prepaid card—check your account agreement or call your bank to confirm. PayPal also does not charge to receive money from Depop or to withdraw to your bank, though some banks charge for incoming PayPal transfers.
When the money arrives in your bank account, it will show as a deposit from "Depop," "Depop Payments," or the name of Depop's payment processor in your region. The transaction may take 1 to 2 business days to fully clear and become available for withdrawal, depending on your bank. If you need the money urgently, direct deposit is faster than the PayPal route because it skips the middle step.
Frequently Asked Questions
Can I transfer Depop balance to a different person's bank account?
No. Depop only transfers to the bank account or PayPal registered to your Depop account. If you want to send money to someone else, transfer it to your own bank account first, then send it from your bank using a separate transfer or payment method.
What happens if I close my Depop account with money still in my balance?
You should transfer your balance to your bank before closing your account. If you close your account with money remaining, Depop's policy on what happens to that balance varies by region. Contact Depop support before closing to confirm whether you can still access the balance or if it will be forfeited.
Why does Depop say my payout is pending?
Pending usually means Depop is processing your request but has not sent it to your bank yet. This typically takes 1 to 3 business days. If it stays pending longer than that, contact Depop support—it may indicate a problem with your bank details or a system issue on Depop's end.
Can I request multiple payouts at once?
You can request a payout whenever your balance is above the minimum threshold. There is no limit to how many payouts you can request, but each one takes 1 to 3 business days to process. Requesting multiple payouts at once will not speed them up—Depop processes them in the order received.
Do I have to transfer my entire balance, or can I keep some in Depop?
You can transfer any amount above the minimum threshold and leave the rest in your Depop balance. This is useful if you plan to buy items on Depop and want to use your balance as store credit instead of transferring everything to your bank.