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Jun 10, 2007 17:09

when someone pays you via paypal does the money go directly to your bank account or do you have to manually transfer it? im confused...

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Comments 6

ohmydearheart June 10 2007, 21:25:19 UTC
It's doesn't go into your bank account at all. It stays in your Paypal as a balance. Say you wanted to buy something and the person used Paypal, well, you can use you PP balance instead of it coming out of your credit card/debit card/checking account. You can however take your PP balance and transfer it into your regular checking account. It takes a few days though.

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jethrablack June 11 2007, 14:14:48 UTC
oh thanks!!!!!!!!!!!!!!!!!!!!

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starzupontharz June 10 2007, 22:11:42 UTC
You have to manually transfer it into your bank account and yeah...it takes a few days.

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polyester_queen June 10 2007, 22:28:35 UTC
You have to transfer it... that takes a couple of days. Or you can get a Paypal credit card, in which case you would have the money instantly. :)

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khep June 10 2007, 23:21:17 UTC
...and when you transfer it to your bank account, I think there's a transfer fee. I've done it before though and it wasn't awful. It just takes a couple days.

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missundead June 11 2007, 01:44:26 UTC
There aren't any fees when you transfer money to your bank account or you transfer money from your bank account to your pay pal balance. Just took a few days.

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