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If you buy or sell items on eBay, you will find tips and advice on this forum.

Question about paypal -sorry to be thick

2 replies

Tryharder · 12/11/2008 22:45

Just sold something on ebay for first time ever and the money has gone into my paypal account. I know that it's on hold until positive feedback is left/21 days and that's fine. But after that, what will happen to my money? Will it just sit in a paypal account or will it automatically be transferred across to me. My paypal account is linked to a credit card not a bank account so will this be a problem?

If the money just sits there making interest for Paypal(!), how do I actually get my hands on the physical cash?

OP posts:
MsPontipine · 12/11/2008 23:53

Hi there - in your PP account there's a withdraw tab to arrange the transfer into your bank account. There is a small fee if this amount is less than £50 (iirc) It then takes about 5-7 days till it shows in your bank account.

Ooh - now read that it's not linked to a bank account - in that case - I don't know sorry! I have email PP a couple of times for advice - they're very helpful.

sarah573 · 13/11/2008 13:43

Hi, you will either need to add a bank account, or use the money to pay for something by paypal (ebay purchase or many websites take it now).

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