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  #1  
Old 11-14-2010
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Default Paypal Wire Transfer vs normal bank transfer

Good Morning Guys,
Just a thought that has been worrying me. Is it better to make a normal transfer from Paypal to bank account, or does it matter if you do a Wire Transfer (paying the £5 fee). Just wanting to make sure which is safest.
Thank you in advance for your feedback.
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Old 11-14-2010
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Quote:
Originally Posted by colt63 View Post
Good Morning Guys,
Just a thought that has been worrying me. Is it better to make a normal transfer from Paypal to bank account, or does it matter if you do a Wire Transfer (paying the £5 fee). Just wanting to make sure which is safest.
Thank you in advance for your feedback.


Not sure it makes a difference

i use the £5.00 fee option all the time, saying that it dosn't always work, i have seen transfers still take 5-8 days and had the £5.00 refunded in to my account, the two times it took longer the amounts were over 3k.
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Old 11-16-2010
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Yea, they are just as safe as each other. Althugh maybe Paypal will be happier with the extra £5... and it's always good to please them. :-)
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Old 11-17-2010
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i like the quick transfer really its worth the £5er as it takes 48hours tops my end
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Old 11-18-2010
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Well if you pay 5£ still it will take 24 hours and 12.48 sec to reach to your account and if you don't pay then it will take 24hour and 3 to 5 days bank transfer time.

I my opinion pay only 5£ if you want to get it fast in your bank account but if you are thinking you will pay 5£ and you will be safe from paypal attack then its not true

as paypal put your money on hold for 24hours regardless you paid 5£ or not and after 24hour pending will change to complete.

So once it change to complete you are safe either money take 10 min to reach to your account or 5 days as paypal can't do anything once payment status in paypal change to complete.
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Old 11-19-2010
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well saying all of this i could be wrong...it used to take 48 hours tops but i sent £100 on thurs morning its now friday afternoon an still no money has cleared im so pissed off i really needed that money for the weekend i fill like ringing them and goin bloody mad but spos theres no point,waste of £5 for the fast transfer this time :( not happy
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Old 11-19-2010
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takes 24hours to hit my santander bank everytime. The £5 is worth it.

Sometimes i think the money leaves the account too fast and could cause limitation, but i still do it !! haha
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Old 11-19-2010
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good for you..like i said im with santander and its been since the 17th now and still no money i really really needed that money this weekend just 1 thing after another im so pissed off about this :( so no money for me the WHOLE weekend :(

there was me saying the £5 was worth it lol PAYPAL IS A JOKE FULLSTOP
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Old 11-19-2010
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The 5£ only works after paypal payment status change from pending to complete. so if in paypal payment status not change to complete you money still not transfer and under paypal review so BS paypal take 24 to 72 hours some time to change pending to complete status
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