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-   -   Transferring money faster than bank transfers (https://www.aspkin.com/forums/paypal-talk/7395-transferring-money-faster-than-bank-transfers.html)

Burst 10-02-2008 05:50 AM

Transferring money faster than bank transfers
 
I was just wondering if anyone has any tricks to get your money out of your paypal account faster than doing bank transfers, but not having to pay massive atm fees? Im sick of having down time when Im waiting for transfers to go from one account to the other.

If anyone has any tricks let me know. Im looking to move between $1k-$2k within a days time.

stanislav 10-02-2008 10:18 AM

It takes me 2 business days to move 2500USD from my Paypal to my TD Canada Trust bank. I have done many withdrawals on that amount.

aking 10-02-2008 11:27 AM

yea, i hate that you have to wait 2 days for transfers, but i guess thats not a bad problem to have.

stanislav 10-02-2008 12:25 PM

Well personally I wish it was only one business day and I hate it that when I transfer the money on friday I will only see it/get it on my bank account by Monday!

ebayhateluv 10-02-2008 12:48 PM

HI:
guys I wrote a couple threads last year about this--get yourself the paypal debit card-then get another ard for an authorized user.. thats $400/day each card--BUT..
look up the posts about how i can move $3,900 in a matter of hours!!
Peace :)

aking 10-02-2008 12:52 PM

what!?!? :eek:

Quasi_Mojo 10-02-2008 04:43 PM

ebayhateluv, I tried to find the post/thread you were talking about but couldn't locate it.
It might have been deleted. Could you provide some more info to help me search? I'm really interested in reading that post.

411guru 10-02-2008 06:13 PM

I too have the paypal debit card. I love it cuz I have immediate access to my money when I sell something. Plus I get 1% cash back on all purchases. I wish I signed up earlier when they were doing 2.5% back. I personally have no need to transfer to my bank account since I use my paypal card on almost everything and leave my bank account alone for big expenses such as car payment and rent. If you do this too, then there is no need to transfer since you are using less of your bank account and thus don't need the funds.

GreenBean 10-02-2008 07:01 PM

Quasi, the thread is in the Members' forum.:)

Quasi_Mojo 10-02-2008 09:53 PM

No wonder I couldn't find it!
Thanks, GreenBean. I'll have to PM aspkin and find out if he's figured out how he'll handle those of us who purchased the ebook. Some day.

Brendaleigh 10-03-2008 09:27 AM

PAYPAL debit card
 
Is it possible to get a PAYPAL debit card when you have an account under an assumed name? Won't they want your SS# for this? Are you asking to have your PAYPAL account more closely examined by applying for one of their Debit cards? This would be bad for a lot of people.

imjustme 10-03-2008 11:58 AM

You guys are complaining about 2 day transfers? It takes 7 days to Japan.

aking 10-03-2008 12:04 PM

Quote:

Originally Posted by Brendaleigh (Post 60634)
Is it possible to get a PAYPAL debit card when you have an account under an assumed name? Won't they want your SS# for this? Are you asking to have your PAYPAL account more closely examined by applying for one of their Debit cards? This would be bad for a lot of people.

Yes this is reason why i didnt get a paypal debit card. How does that work?

Burst 10-03-2008 12:32 PM

How much in fees are you paying to withdraw the money as a cashback though? My transfers take 3-4 days to go to my wamu and then another 3-4 days to go from their to my actual account. So that's a lot of downtime.

aking 10-03-2008 12:47 PM

Quote:

Originally Posted by Burst (Post 60654)
How much in fees are you paying to withdraw the money as a cashback though? My transfers take 3-4 days to go to my wamu and then another 3-4 days to go from their to my actual account. So that's a lot of downtime.

Why wait 3-4 days for the money to transfer from your Wamu account to your personal account? Just order checks and you can write yourself a check, cash it or just deposit the check into your personal account. Or just get a Wamu debit card and get it from the ATM.

aking 10-03-2008 01:50 PM

No fees to cash a check.

Burst 10-03-2008 06:55 PM

Not knocking the ideas because I definitely like how theyre coming in. Checks take time to clear in accounts. Using an ATM has a $400 limit each day with X amount of fees from the ATM. If it was an emergency I could understand that.

I like ebayhateluvs Idea of adding another user to my account to increase the limit. I have an idea of how hes doing the $3,800. Though with the method Im thinking of, it would be $6800 daily unless the cards limit is a combined amount of $3000. Then it would be $3800 like he said.

411guru 10-04-2008 12:26 PM

I can withdraw cash from my paypal card via ATM but they charge $1.00 plus the ATM charges $3.00. My limit per day is $400 however.

As for getting the card with a ⊗⊗⊗⊗ name, I don't know but ebayhateluv maybe can answer that.

divine422 10-04-2008 01:26 PM

I agree 2 - 3 days really isnt that bad. Im not complaining, once my accounts arent limited and money is flowing im happy. But i notice that its quicker to verify your bank account. I dont know if that was a one time thing or not but when i added my bank account to my PP i had the deposits the next day.

JamesYaBaoy 10-05-2008 10:43 AM

Quote:

Originally Posted by 411guru (Post 60539)
I too have the paypal debit card. I love it cuz I have immediate access to my money when I sell something. Plus I get 1% cash back on all purchases. I wish I signed up earlier when they were doing 2.5% back. I personally have no need to transfer to my bank account since I use my paypal card on almost everything and leave my bank account alone for big expenses such as car payment and rent. If you do this too, then there is no need to transfer since you are using less of your bank account and thus don't need the funds.

Your taking one HELLUVA risk.All it takes is one idiot who you sold something to , about 2 or 3 clicks and your out of that money, for atleast a few days minimum.

I once sold about $800 worth of merchandise to a guy on eBay, He opened up a PayPal dispute because it was missing a $6 memory card.

411guru 10-05-2008 10:48 AM

I sell $10 and $5 ebooks and software multiple times, I get hundreds in a day. When a loser files a dispute, I just refund them. No need to risk my thousands in paypal for a $10 product I have infinite amounts of.

Imfukd 10-06-2008 10:26 AM

Quote:

Originally Posted by stanislav (Post 60497)
Well personally I wish it was only one business day and I hate it that when I transfer the money on friday I will only see it/get it on my bank account by Monday!

When I transfer money to my bank it usually takes one day.


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