Pay Pal

No1newts · 27 May 2010 at 16:17

Quick question about this.

I bought something a short while ago, they didnt have it in stock and refunded me back to my pay pal account. The money is now on my pay pal account rather than in my bank where I want it :rolleyes:

Can you transfer money from your pay pal into your bank account?

Thanks

antijoke · 27 May 2010 at 16:18

Yes you can, but I think they charge you a fee.

n111ck · 27 May 2010 at 16:23

You need to link Paypal to your bank account - there shouldnt be a fee to transfer it.

No1newts · 27 May 2010 at 16:34

n111ck said:
You need to link Paypal to your bank account - there shouldnt be a fee to transfer it.

I'll give it a go.

Cant seem to find the option on there but its probably because im not looking hard enough

Bloody companies and their crap refund policies!!! :mad:

antijoke · 27 May 2010 at 16:36

n111ck said:
You need to link Paypal to your bank account - there shouldnt be a fee to transfer it.

Last time I did it a couple of years ago, I swear I got charged a small fee to transfer it to my bank account. It was only a few pence but the amount I had in it was different to the final amount that transferred.

PhillyDee · 27 May 2010 at 16:36

Not at all!
If you pay using paypal and it is funded via credit card, it will go back to the card. If it is via bank account, then it goes back to paypal.

The company who refunded you have no control over it!

And the top tab shoould read Withdraw. And then transfer to bank account. Thats what you need!

demonix · 27 May 2010 at 17:52

anticonscience said:
Last time I did it a couple of years ago, I swear I got charged a small fee to transfer it to my bank account. It was only a few pence but the amount I had in it was different to the final amount that transferred.

They don't do that now as I moved some money from my paypal account to my bank and wasn't charged a bean.

@No1newts: if you haven't already linked you bank account to your paypal account then your going to be waiting at least another week plus before you can do the transfer as they have to confirm that the account is valid (they send two small payments to your bank account through direct debit which you then use to confirm everything with paypal)