Paypal?

willhub · 13 Jul 2007 at 21:54

Hi.

If I buy something for £240 right on a site that accepts paypal, and I have 210 in my paypal, and 70 in my bank account, now when I order it, will the site of paypal automatically take out the extra 30 quid from my bank account?

Thanks

Willz.

Kell_ee001 · 13 Jul 2007 at 21:59

I think if you don't have the full funds in your paypal account it will take the full amount from your bank account. Someone else may be able to confirm this.

Anders0n · 13 Jul 2007 at 21:59

willhub · 13 Jul 2007 at 22:01

Are you sure? I mean I dont want this shop that uses Paypal to kill me or anything.

Anders0n · 13 Jul 2007 at 22:05

willhub said:
Are you sure? I mean I dont want this shop that uses Paypal to kill me or anything.

Yes I am sure.

Kell_ee001 · 13 Jul 2007 at 22:08

Anders0n said:
Yes I am sure.

Fair enough. Has to admit it used to take the full amount, but I admit it's been a long while since I've used it and the policies may have changed.

SK07 · 13 Jul 2007 at 22:14

I don't think so?

I mean if I want more cash in my paypal I have to wait a lousey 7-9 working days for it to transfer over. Considering paypal fees are so high it should be faster.

Anders0n · 13 Jul 2007 at 22:17

Kell_ee001 said:
Fair enough. Has to admit it used to take the full amount, but I admit it's been a long while since I've used it and the policies may have changed.

Everytime I've payed for something using PayPal they've always taken any available money from my account and any remaining balance from my bank.

Mr_White · 13 Jul 2007 at 22:18

What account do you have?

I use a premier account and always buy things with £0 in PayPal, it just comes straight out of the bank account instantly.

SK07 · 13 Jul 2007 at 22:21

Mr_White said:
What account do you have?

I use a premier account and always buy things with £0 in PayPal, it just comes straight out of the bank account instantly.

Does this work with just a normal paypal account? would save me a whole lot of hassle waiting 9 working days.

Mr_White · 13 Jul 2007 at 22:27

SK07 said:
Does this work with just a normal paypal account? would save me a whole lot of hassle waiting 9 working days.

I can't see anything on the PayPal website that says it wouldn't work on a normal account.

basmic · 13 Jul 2007 at 22:37

It will (/should) take the £30 out of your bank. It has done with me, anyway.

J1234 · 13 Jul 2007 at 22:37

Yep, works on a normal account, I never have money in my Paypal account, just comes straight of the card.

Ak!ta · 13 Jul 2007 at 22:38

Yes it will firstly take the money from your Paypal account, then the remainder from your nominated bank account....

BenST · 13 Jul 2007 at 22:39

Right before you pay you'll be greeted with a screen which lists the monies coming from your PayPal balance and the remainder required from your nominated bank account.

SK07 · 13 Jul 2007 at 22:40

Does it take it automatically or does the seller have to wait a while?

Ak!ta · 13 Jul 2007 at 22:41

It's all automatically done when you agree to pay....

BenST · 13 Jul 2007 at 22:41

You confirm it before you pay. If you have a confirmed address and a bank account set up it will be an instant debit, otherwise PayPal will take the remainder from your bank account in the form of an 'e-cheque' which can take up to 10 days.

Either way it will inform you BEFORE you complete the transaction.