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    Paypal Question

    Do you have to pay paypal to transfer over £50 of paypal funds to your bank?

    Rep will be added for help.

    Cheers.

    10 Comments

    No. Just if it's under £50

    no there is a fee for under £50 but free for over £50

    Original Poster

    So if i transfer £70 of paypal money to my bank, i would actually get £70 in my bank?

    Also, how long does it take for money to go into your bank?

    £6 is the minumum withdrawal.

    You will be charged 25p for withdrawals of £6-£49.99

    Yes, you'll get the full £70. It'll take about 3-5 days

    The JFK;1807778

    So if i transfer £70 of paypal money to my bank, i would actually get £70 … So if i transfer £70 of paypal money to my bank, i would actually get £70 in my bank?Also, how long does it take for money to go into your bank?




    Yes it would all go to your bank. i think its 5 to 7 working days for transfer to bank:)

    So if i transfer £70 of paypal money to my bank, i would actually get £70 … So if i transfer £70 of paypal money to my bank, i would actually get £70 in my bank?Also, how long does it take for money to go into your bank?



    Yes it takes about a week

    no - bloody wonder though!!


    free
    for £50.00 GBP or more

    £0.25 GBP
    for £49.99 GBP or less

    Original Poster

    Thanks for the help - rep added for all of you.

    tip, if you dont mind waiting, and have less than £50, to avoid paying the 25p (coz every penny counts), fund your account to take it over £50 and then withdraw the lot. thats what I do as I dont use paypal much, only every so often to sell items.
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