[Nfb-web] PayPal Help

[Daved Daly]

Manually moving your funds around via direct bank transfers is the norm,
Upon a quick search, I was completely unable to find any reference to a
"daily sweep" (automated transfer of funds from your PayPal balance to your
bank account.)  So, if they still offer that service (which doesn't seem to
be what you wanted anyways)  It's well hidden.

To manually move funds you simply select ths "Withdraw: Transfer to Bank
Account" Tab/link from the site once you are logged in.

It will ask you how much of your available funds you wish to transfer, and
to which bank account you have previously associated with the account.

There are 3 different types of PayPal accounts, personal, premier, and
business.  The only difference between Premier and Business is that the
Business level account provides the ability for multi user access .  You can
have one Personal and one Premier or Business account, but you can't
associate the same bank accounts or credit cards to different accounts.

If you/they don't already have a referral link, feel free to use:
https://www.paypal.com/us/mrb/pal=4KWKYFK6PDCVC
(Yes, that gets me a little free $ if they sign up and become a PayPal
merchant.)

-Daved

On Tue, Feb 3, 2009 at 12:47 PM, Peter Donahue <pdonahue1 at sbcglobal.net>wrote:

> Good afternoon everyone,
>
>    I have an entity that wishes to create a PayPal Account and use it for
> their business. My understanding is that when one creates a PayPal Account
> they are in effect opening a "Bank Account" through PayPal in to which
> funds
> received from transactions will be deposited. I'm aware that that one can
> set PayPal up to where funds received in a PayPal account can be directly
> deposited in to a bank account. My question is is it possible for someone
> to
> do this manually. In other words can one move funds from their PayPal
> Account in to a regular bank account manually and how is this done? Your
> enlightenment will be very much appreciated.
>
> Peter Donahue
>
>
>
> "Given a chance to dream it can be done.
> The promise of tomorrow is real.
> Children of Spaceship Earth the future belongs to us all."
> Flying for Me,
> John Denver
>
>
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