Bit confused with paypal.

I'm really confused concerning transferring paypal balance to your personal bank account. When you attach your bank and it goes through, does payapl automatically transfer the balance to your bank account? Or do you have to issue the transfer? And after your bank account is attached, does every payment automatically go to the bank and not the balance?

Thanks.

 

It's automatic i beleive. Theres just a 3-5 business day wait, again im not 100% but im fairly sure.

 

If you're talking about adding your bank account to verify, then yes, you always have to initiate the bank transfers yourself. Otherwise, your current paypal balance will remain on paypal, and all future payments will still be added to your paypal balance.

 

And note also when transferring to your bank it will take up a few business days to do so.

Also its 100% manual.


I suggest waiting until at least $20 or higher is in their before transferring.

 

Thanks for the responses. Cleared it all up.

 

ye there's always a delay when dealing with banks

 

i think he wants to send cash form his paypal to his bank account

 

I am. I want to do that.

 

Add bank account and transact away. Mine took roughly 5 days to get there....

Adding your bank account is by far the best thing you can do for paypal.

 

Question...Why add cash to paypal instead of just paying using the linked bank account? >.> That's what I do..then there's no transfering needed..Feel free to fill me in if I completely missed something.

 

I'm talking about receiving money from services.