Withdrawing money after 180 days

swtannie850 · #1 03-01-2012

Hello everyone, I have a stealth PP account limited back in December with about 6k in it.
I am worried that after the 180 day is up, would such a big transfer from PP to a non-matching bank name cause any problem?

Would I be able to withdraw the 6k little by little. Any help is appreciated. Thank you.

rsot · #2 03-01-2012

Has not caused problems for me - had a limited account with much more than recently - 180 days passed up and lump sum to bank.

swtannie850 · #3 03-01-2012

would it vary by bank? I have TD Bank for this stealth account.

Thankful · #4 03-01-2012

I wouldn't worry about it, should be fine, it's your money legally after 180 days!

swtannie850 · #5 03-03-2012

Oh okay, thanks! You guys make me feel A LOT better lol.

GTB · #6 03-03-2012

usually goes smooth

check with your bank and tell them about this payment coming into the bank

could help avoid small but potential risk of an issue

GreenBean · #7 03-03-2012

Quote:

Originally Posted by swtannie850

Hello everyone, I have a stealth PP account limited back in December with about 6k in it.
I am worried that after the 180 day is up, would such a big transfer from PP to a non-matching bank name cause any problem?

Would I be able to withdraw the 6k little by little. Any help is appreciated. Thank you.

Take the transfer in one withdrawal.

That way you end dealing with paypal for that bank account.

Speak to your bank manager/accountant and let them know you are expecting
funds. Be discreet