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-   PayPal Talk (https://www.aspkin.com/forums/paypal-talk/)
-   -   withdraw money then close paypal account (https://www.aspkin.com/forums/paypal-talk/9596-withdraw-money-then-close-paypal-account.html)

king02 02-16-2009 06:36 PM

withdraw money then close paypal account
 
Hello could I withdraw money to my bank account successfully then close the paypal account before it get's limited ? Can this work?

nikki404 02-16-2009 07:01 PM

Hmmmm.....Has Anyone Tried? Sounds Interesting

yaw1800 02-16-2009 08:24 PM

i dont get the point of doing that....

the goal is to get your money out and close the bank in fear of having a negative balance in your paypal etc..

why would you want to close it when its still usable + who knows when you are going to get limited

The goal is to be prepared for it

GreenBean 02-16-2009 08:38 PM

'If it ain't broke, why fix it?' comes to mind.23423 Are you really asking how
can I stop paypal from keeping my money and/or limiting me

boondoggle 02-16-2009 09:35 PM

Just withdraw the money and wait. Once the money's out there is no point closing the account, even if youre pretty sure its going down soon.
I cant think of any reason why I would ever close a PayPal account-PayPal will do that for you, they're nice like that!

king02 02-16-2009 09:38 PM

I know there gonna cancel the withdraw within minutes to a few hours after doing it and limit me and ask for ssn when I try to withdraw . So I wanna know is after I withdraw funds from my paypal to my bank account while it is in pending status before they get a chance to cancel the withdraw could I just close my paypal account and still get the funds to my bank account ?

yaw1800 02-16-2009 11:26 PM

doesnt it take like 90 days before Paypal actually declares the account closed or something like that??

Shadowfox 02-17-2009 12:26 AM

I dont think you can close the account while things are pending. Ive done this with the $500 limit and also sent some to my friend to take out in his account. His account is still fine so I guess it might work.

GreenBean 02-17-2009 12:42 AM

OMG, does the OP mean close the paypal account? The question was muddled. er,No you can not close the paypal account. Yaw answered that well. PAYPAL like to allow the closing of an account when they are satisifed that there will be no disputes & that is usually a 90 day period:FF:

Shadowfox 02-17-2009 01:29 AM

Yea they keep it open in case there is money due. So if you dont, which I dont see why you would, then your fine.

siashay 02-17-2009 08:20 PM

You have to wait 90 days after to close the paypal account. What you need to worry about is getting the money out of the bank before paypal does a chargeback.

Snagga 02-17-2009 09:22 PM

you can close your bank account right after you withdraw the $$$

stuey 02-18-2009 12:14 AM

Ok, I know for a fact that while you are trying to withdraw money from Paypal, it will be pending and you will not be able to close the account and have your money all in the same transaction. If I were you, I would take it easy and not withdraw everything at once and make sure you've given shipping details and such. Remember 180 days!!! Good luck :)


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