paypal transfer question

vygec · 31 Oct 2011 at 15:43

Just a quickie
if i want to transfer funds from my paypal account (money is allready in paypal account), to another paypal account. will this incur any fees?

SeraphX · 31 Oct 2011 at 16:04

it shouldn't do, as long as it's gifted i would imagine, you might have limits though,

Thorper · 31 Oct 2011 at 16:09

I was charged 61p when I sent money to someone via paypal recently.

Money wasn't in my paypal account at the time though, but came from my linked bank account, so I don't know if that makes any difference.

vygec · 31 Oct 2011 at 16:22

the difference i have, is that the money is allready in my paypal account. so i cant see why there should be any fees involved- as a normal transaction i.e. not a gift?

1LANCS · 31 Oct 2011 at 16:24

Yes you will, if you send it normally the recipient account will incur the fees from the total. If you send it as a gift you will have to pay the fees if you want to send a specific amount.

Thorper · 31 Oct 2011 at 16:26

Just found this:

"PayPal is free when you use your bank account or PayPal balance.
If you use your credit or debit card, there is a fee of 3.4% of the transaction amount plus 20p."

I'm guessing it took the funds from my card instead, best go look how to sort that out