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simontaylor

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Paypal

Postby simontaylor » Thu Feb 09, 2006 11:01 pm

Anyone a Paypal expert?

Like most suckers I mostly buy from ebay, but on acassion I have sold too.
My Paypal account is linked to a bank account.
When I sell, paypal passes the money to the bank account and I get charged for it (35p for a £4.50 sale), by paypal.

Is it possible to make my sales proceeds stay in the paypal account, all £4.50 of it, so that I can spend it all at a later date?

Thanks in advance
1986 : '86 GTA v6 BW-EFR turbo, with Adaptronic ECU
Firsts at
2007 : Gurston Down & RAOC Champion
2008 : Rushmoor & Eelmoor & ACSMC Hillclimb class Champion
2009 : Longcross & Eelmoor
2010 : Crystal Palace & Eelmoor
2016 : Rushmoor & 5th O/A
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David Gentleman

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Postby David Gentleman » Thu Feb 09, 2006 11:04 pm

Yes, don't withdraw it and just keep it in the Paypal account..
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Postby simontaylor » Thu Feb 09, 2006 11:26 pm

It seems to withdraw its self, or did I click on a Withdraw button.
Thanks DG, I will have to have to take a closer look next time.
1986 : '86 GTA v6 BW-EFR turbo, with Adaptronic ECU
Firsts at
2007 : Gurston Down & RAOC Champion
2008 : Rushmoor & Eelmoor & ACSMC Hillclimb class Champion
2009 : Longcross & Eelmoor
2010 : Crystal Palace & Eelmoor
2016 : Rushmoor & 5th O/A
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Postby andyh877 » Fri Feb 10, 2006 9:13 am

Simon,

you get charged 3.4% for money you recieve in, nothing to pay out a for something you've bought, but when it comes to withdrawing i think the minimum limit to transfer out for free is £50, anything less than that they charge you a handling fee, so let the money build up before you withdraw it
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simontaylor

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Postby simontaylor » Wed Feb 15, 2006 9:01 pm

Ar Ha!
Now I know why it looks like I get charged fees of 7%.
Up to 1,500 GBP it is 3.4% plus 20p.
It goes direct to my bank account with no withdrawal charges and I'm guessing that this is because I am a verfied user and verified my bank account.
1986 : '86 GTA v6 BW-EFR turbo, with Adaptronic ECU
Firsts at
2007 : Gurston Down & RAOC Champion
2008 : Rushmoor & Eelmoor & ACSMC Hillclimb class Champion
2009 : Longcross & Eelmoor
2010 : Crystal Palace & Eelmoor
2016 : Rushmoor & 5th O/A


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