when people pay pay pal to you!

coinandcurrency242

When people pay pay pal to you for coins, how do you transfer that money to your bank account or does it automatically go their?

zzzz

on the top of your PayPal account there is a tab to withdraw funds. When there you are given a few options. (transfer to your bank account, have PayPal issue you a check etyc.) You pick which ever option works for you and it will be processed in that manner.

comoncents

You have to click on Withdraw and then transfer the money to your bank account.

coinandcurrency242

<< <i>You have to click on Withdraw and then transfer the money to your bank account. >>



Is there a service charge for this?

USCGCraig

I believe they get you another 3%.

19Lyds

No Charge on withdrawels but it takes up to 4 business days.

coinandcurrency242

<< <i>No Charge on withdrawels but it takes up to 4 business days. >>



thats good at least you know your get the money!

19Lyds

Yes but it seems like it takes for-ever! Especially when you need it most.

Weather11am

I do not keep much money in my pay-pal accout except for my 5 pounds sterling !

Barry

No charge on electronic transfers, but they do charge you if you want a check mailed to you.

TwoSides2aCoin

pay pal money market funds are paying 5.04% interest.

That isn't a bad place to save your money in case you want to make purchases over time.

According to rule 72.... obviously ..money compounding at an interest rate of 5.04% would take 14 to 15 yrs to double... but anytime you get paid for letting someone hold your money with that return, you can bet it beats the banks and it doesn't have to be LOCKED up and it only takes 3 to 4 days to get to ...

It's a good PIGGY bank.

~the opinions expressed may not work for you~

Disclaimer: shortage of money may cause dizziness, heahaches, shortness of bread, hot flashes, cold sweats, hemmorhoids, hives, pimples, hardening of the arteries, athlete's foot, and homelessness.

Bryan1315

I use my paypal debit card alot since it is like a credit card and pays back when you use it (kind of like getting some of your money back you pay them for using paypal), My regular bank debit card doesn't do that so i will usually keep some money in my paypal account for gas and other purchases I make with credit card so I will get some cash back