I've sold a bunch of stuff on Ebay, and all the money is in my Pay-Pal account. I'm not quite sure how it works, but I think pay-pal will write me a check so that I can cash the money in the pay-pal account. Could someone familiar with Pay-Pal tell me just how this works? Do they charge to take your money out of the account?
From my understanding, the money from the items you've sold, go'es into your paypal account. It will remain there untill you decide what to do with it,........ you can leave it there for say, buying goods yourself that accept paypal. If you want to withdraw your money, you complete a transaction that transfers your funds from your paypal account, into your own bank account, there is no charge for this transaction, just the charge for you listing/advertising your item. I'm sure others will correct me otherwise. 😉
in the UK there is a charge for transferring amounts less than £50 to your bank account I think.
I am pretty sure you have to setup a bank account details with them and they will transfer it directly to it (at least in the UK)
i have a paypal account. and its great i can let the money come in and then send it to my bank account!.. my ebay name is simon1693.im selling clothes.
Oh okay, thanks guys. 😀
Ahhh, one more thing. Is there anyway to get a check or anything, so that I don't have to give them my bank account #? It's not that I don't trust them, but, things happen.