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-   -   "Settlement Withdrawal"...New Automatic Withdrawal Feature (https://www.aspkin.com/forums/paypal-talk/100651-settlement-withdrawal-new-automatic-withdrawal-feature.html)

wtfebay 10-29-2016 12:55 AM

"Settlement Withdrawal"...New Automatic Withdrawal Feature
 
Just noticed this today...it wasn't there yesterday. When I go to withdraw money on one of my accounts, there's some jargon at the bottom that says I can set up to automatically withdraw funds at the end of the day. So an automatic sweep of all funds in the account, I assume. Not going to set it up, but it is interesting nonetheless.


http://i63.tinypic.com/oaya0j.jpg

slokor 10-29-2016 12:57 AM

Re: "Settlement Withdrawal"...New Automatic Withdrawal Feature
 
Never seen that before.
This is on a US based paypal account I assume?

wtfebay 10-29-2016 01:00 AM

Re: "Settlement Withdrawal"...New Automatic Withdrawal Feature
 
Quote:

Originally Posted by slokor (Post 808964)
Never seen that before.
This is on a US based paypal account I assume?

US business account that is very well established.

phaz0rz 10-29-2016 12:01 PM

Re: "Settlement Withdrawal"...New Automatic Withdrawal Feature
 
I've mentioned settlement withdrawal several times in the past year. It's been a feature for the entire time I've been using Paypal but you're only given access once your cash flow reaches a certain point.

I've brought it up in these threads...
http://www.aspkin.com/forums/paypal-...tml#post808501
http://www.aspkin.com/forums/paypal-...wal#post806363
http://www.aspkin.com/forums/paypal-...wal#post746338
http://www.aspkin.com/forums/paypal-...tml#post728815


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