Can you transfer Paypal funds between accounts ?

TheRichJerksNet

15 years ago

Hi Harvey,
No you not allowed but I have had them do it for me before when I called on the phone ...

James

Thanks
1 reply

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Harvey Segal 15 years ago

Originally Posted by TheRichJerksNet

Hi Harvey,
No you not allowed but I have had them do it for me before when I called on the phone ...

James

James

Is that

Personal ==> Business

Or

Business ==> Personal

Or Both ?

Harvey
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patJ

15 years ago

Never heard about that? You better call them.. you never know with paypal. They have banned people for doing less than that.

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Careygee

15 years ago

I have been with PayPal since 2002.

Transfering funds is determined by how you have your account set up.

I have mine set up as Account type: Business

I have both my personal checking AND my Business Account listed
and verified.

I can "Withdraw" to either one from my PayPal balance.
When I click on "Withdraw" ... I get the following
(with a dropdown for both accounts to select one or the other)
---------------------
Withdraw Funds by Electronic Transfer Secure Transaction
--------------------------------------------------------------------------------
Please indicate the amount you want to withdraw and which bank account to credit. Withdrawals from your PayPal account to your bank account must meet the minimum withdrawal amount.
It can take 3-4 business days to complete this transfer, depending on your bank's holiday schedule and payment policies. You can get instant access to your funds with a PayPal Debit Card once you receive the card.
---------------------
So bottom line ... set accounts up and verify accordingly for
withdrawals to either Business or Personal.

As to transfers, all the other posters are correct.
Hope this helps.

Thanks
1 reply

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Harvey Segal

15 years ago

Originally Posted by Careygee

I have been with PayPal since 2002.

Transfering funds is determined by how you have your account set up.

I have mine set up as Account type: Business

I have both my personal checking AND my Business Account listed
and verified.

I can "Withdraw" to either one from my PayPal balance.
When I click on "Withdraw" ... I get the following
(with a dropdown for both accounts to select one or the other)
---------------------
Withdraw Funds by Electronic Transfer Secure Transaction
--------------------------------------------------------------------------------
Please indicate the amount you want to withdraw and which bank account to credit. Withdrawals from your PayPal account to your bank account must meet the minimum withdrawal amount.
It can take 3-4 business days to complete this transfer, depending on your bank's holiday schedule and payment policies. You can get instant access to your funds with a PayPal Debit Card once you receive the card.
---------------------
So bottom line ... set accounts up and verify accordingly for
withdrawals to either Business or Personal.

I think you are talking about withdrawing from one Paypal account (business)
to personal and business Bank Accounts. Is that correct ?

My question is completely different, it's about transferring
between two Paypal accounts

Harvey

Thanks
1 reply

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Careygee

15 years ago

Originally Posted by Harvey.Segal

I think you are talking about withdrawing from one Paypal account (business)
to personal and business Bank Accounts. Is that correct ?
No ! Withdrawing from Paypal Account Balance ...
Not from one to the other.
My question is completely different, it's about transferring
between two Paypal accounts
Harvey

I don't know why the last of my post was left off ... ie.
"As to transfers, all the other posters are correct.
Hope this helps."

Thanks

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TheRichJerksNet

15 years ago

I did personal - to - business

James

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Melody

15 years ago

If you get the right person on the phone and have a long standing business acct - you can get a transfer made, but I have done it from the business to the personal acct.

But you cannot do it online - even when testing, you cannot 'buy' a product that you are selling through your business acct with funds from your personal acct.

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Kim Standerline

15 years ago

I think its because of anti laundering laws n stuff that they don't allow it

Kim

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TheRichJerksNet 15 years ago

Originally Posted by Kim Standerline

I think its because of anti laundering laws n stuff that they don't allow it

Kim

Kim would be correct ....

I had to fax them all my stuff .. "Again" and they said they did it as a one time favor..

James
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GarrieWilson

15 years ago

Just do a mass payment if its from business -> whatever.

Its only a dollar or less.

OR just send the funds and within 60 days, refund it.

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rondo

15 years ago

Harvey I transfer small amounts regularly from my Business to Personal account. A few months ago I transfered a larger amount (high $xxxx) and got a friendly phonecall within minutes wanting me to confirm the transaction details - no problems.

Andrew

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Careygee

15 years ago

Originally Posted by rondo

Harvey I transfer small amounts regularly from my Business to Personal account. A few months ago I transfered a larger amount (high ) and got a friendly phonecall within minutes wanting me to confirm the transaction details - no problems.

Andrew

Andrew, help me out.
Why would you do that and incurr PayPal fees and the 3 to 4 day wait?

I can go online to my Bank and transfer instantaneously between
my Business and Personal accounts and incurr NO fees.
Or I can do it at the bank in person.

I am confused as to the benefit of your method and the reason. :confused:

Thanks

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Can you transfer Paypal funds between accounts ?

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