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Withdrawing question on weekends
 

So far im withdrawing successfully from all my paypals. My question is this, if I withdrawal on saturday, then on sunday. Are they each treated as a withdrawal on a different day or are they treated as 1 day because its the weekend.
I don't want to overwithdrawal and set up any redflags

Re: Withdrawing question on weekends
 

You aren't raising any red flags. There's no problem with withdrawing daily from accounts.

It will be counted by PP as one withdrawal on Saturday and one on Sunday, and by your bank as two incoming transfers on Monday.

Re: Withdrawing question on weekends
 

Nothing out of the ordinary requesting your money on a weekend. I do it regularly, and money is usually in my Wells Fargo & BofA by either Monday or Tues morning at the latest.

Re: Withdrawing question on weekends
 

on newer accounts, i withdraw money multiple times a day. Basically if $50 becomes available I withdraw. If 20 minutes later another $50 is available I withdraw. If three hours later $150 is available, I withdraw. I never leave any available money in paypal on newer accounts. No paypal problems since May of 2015.

Re: Withdrawing question on weekends
 

Wish there were more regular posters who aren't skittish with PP like you yankee.

People here are afraid to withdraw from their accounts because somehow at some point the forum determined that to be dangerous.

Re: Withdrawing question on weekends
 

Not sure if they still do, but they used to offer "auto-sweep" for business accounts, which automatically emptied your PP balance into your bank account every night.

Re: Withdrawing question on weekends
 

I wasn't aware of it until I read about it in a thread last week. It was just mentioned so it's probably still being offered.

Doesn't matter for us though since all unverified accounts will start "auto-sweeping" in a week and a half, right?

:coffee:

Re: Withdrawing question on weekends
 

Last I heard you had to call in to get the autodeposit activated as am option.

Re: Withdrawing question on weekends
 

Well that's not entirely correct anymore. I became limited with an account with 5k in it because I used that method ( I would see the please wait 72 hours but i kept withdrawing)
But then again im in a high risk field.

Re: Withdrawing question on weekends
 

TONS of REAL businesses drain their PP account every single day of the week. Nothing happens to them.

Re: Withdrawing question on weekends
 

Sure but then you have lots of people trying this and then coming back say "I was limited, I don't have documents, how do I etc..."

Sometimes it's better to play it safe - yankee might have good success with his newer accounts but not everyone operates in the same way

Re: Withdrawing question on weekends
 

Actually the need to play safe is because the ebay account is not made properly and not used properly. the paypal account is the same.

Few seem to grasp they have an ebay and a paypal account. The only difference is they are stealth.

It means they need just a bit more care to be run and thus the seller beats ebay/paypal.

:amen:

Re: Withdrawing question on weekends
 

I said REAL businesses. :p

Re: Withdrawing question on weekends
 

Nonsensical math... :juggle:

Re: Withdrawing question on weekends
 

I opened just under 50 accounts since February. Last year I only ran 22 accounts total.

What does not make sense?
What are you even trying to make sense of?
How is any math involved?


What is confusing to you?

Re: Withdrawing question on weekends
 

If you had 5k in the account and still had holds, you were most likely limitted because you sold to much too fast and of a riskier type of item.

I personally dont like when my pending balance goes over $400 and I would never get even close to 5k!

back in 2015, i had a ton of pending funds in paypal get froze up like you did. I learned my lesson and dont allow paypal to control much money. I actually feel the same way about banks as well. I dont let my funds sit around and pile up in any one place anymore.

Re: Withdrawing question on weekends
 

That you're opening 25 accounts per month and sold on less than 2 per month all of last year.

The fact that you're opening 10x more accounts than you're using
Feb-April = 2 months. 50 accounts/2 months = 25 accounts made per month.

22/12 = 1.8 accounts used per month last year


The fact that you (seem to be) opening 10x more accounts than you're using.


Jeez man, I'm sorry. Didn't mean to rub you the wrong way.

Re: Withdrawing question on weekends
 

What?

I am sure you remember I traveled for more than a year. I did not log onto this forum for several months at a time.

LAST YEAR I only used 22 accounts. I did not even start selling until September and the majority of my sales came in December when the 90 day holds came off. I did not have anything to sell really. If you recall I reached out to you during this time asking if you needed any help.

Me making so many accounts NOW is because of the TOS. Playing around with techniques. Will I use all accounts only if I dont have to add bank accounts to all of them.....

You did not rub me the wrong way at all. I still dont understand why math was even needed. You seem to think that I share everything when you know I delete much of everything I post and most of my income came from big wholesale buyers.. You also know I lost my biggest one and it was temporarily devastating. You also know that I have taken on obligations such as servicing Chinese partners etc.. and new ventures such as rolling real estate.

I am surprised you are surprised about account numbers or even try to put all the pieces together.

If you would like, I can explain in detail via phone but I dont feel any need to explain any more on this forum than I already have :typing:

Re: Withdrawing question on weekends
 

Everything is said in hindsight. I've moved on and learned, which is to NOT move large funds quickly. But rather be patient.