Withdrawing guide with PayPal UK

[frazze2]

Ok, im a new seller everythings going well and have pending £900 in the account. Will have £400 avalible tomorrow and the next 400 next week plus around 100 coming in here and there.

Would it be mad to withdraw the full amount of 400 tomo, how should i withdraw this without setting off any triggers ?

Thank you

[JamesNorth101]

I would go with 20% of the overall balance then another 30% a week later. Give it another week and you should be fine to withdraw another 40%. I would leave 10% of the overall balance in the account just to keep PayPal happy.

That should do the trick, but is always hard to judge without knowing all the details of what was sold, exactly how old the account is ect.

[frazze2]

verified account, requested for account limit increase, opened in july, 40 feedback and selling high risk items

[JamesNorth101]

The above guidelines should work for you then

[Play]

I would follow James' guideline. What you dont want to happen is you hit the withdraw button, PayPal limits your account, cancels the withdrawal, and begins asking for more information.

You need to tread carefully with amateur accounts.

[frazze2]

Are these payment manually released by PayPal or auto ?

You need to login and withdraw funds as and when you see fit.

[JamesNorth101]

Originally Posted by frazze2

Are these payment manually released by PayPal or auto ?

You manually issue the withdrawal when you want to

[frazze2]

No, I mean once you withdraw it takes a while to process, does it go through a human to be released or a robot ?

[e2free]

It's normally instant mines goes same time as you press withdraw but for new account they may do manually

[JamesNorth101]

That depends totally on the account

It will take anything from instant to 72 hours to process. It is possible if you get the 72 hour withdrawal time that there is a manual review involved.

[frazze2]

Yea mine comes up with 72 hours, however the funds were released after one day rather than 3. good sign I guess, using special delivery prob helps as well if it is manual.