Forum

Average withdrawal
 

How often do you withdrawal and whats your average amount of $$ that you withdrawal?

Would it be safer to withdrawal LOWER amounts but do it a few times in one day instead of making a huge withdrawal once?

Re: Average withdrawal
 

Something in-between ideally.

Always make sure you leave enough funds in the PP account to cover eBay fees as well as enough for several refunds.

Re: Average withdrawal
 

Agreed, been couple of postings last year about forum members trying to draw out large amounts and paypal not liking that at all and kicking back by limiting their accounts and hanging on to the money for 180 days!

Re: Average withdrawal
 

Always keep enough on the account to cover the current invoice that has not been invoiced yet. As soon as it gets sent by eBay, pay the invoice and start collecting again.
Everything that is over the current invoice, withdrawl that money as it trickles in either once a day or twice a day but never let it be bigger than £100-150. £300 is my tops, I never withdraw more than that during a day or per transaction.

Every time I read that somebody has £1-2k stuck in Paypal I scratch my head and wonder why not get that money out any sooner.

The reason I withdraw quite ofen is also because I don't like cash- I'd ruther buy more stock.

Re: Average withdrawal
 

I'm going to try to not let more than $400 in my Paypal. Depending if I have tons of sales in a day etc.

I'll prob make $100 withdrawals every time I hit $250. I usually reinvest some of my Paypal funds and I've been doing the one time payments instead of waiting (just in case they take it out and I dont have enough funds)

Thanks for all the input guys

Re: Average withdrawal
 

Maximum 300 from my Paypal per day - main PPs have been established for few years now. I always leave 3-4x average transaction in the PP account.

I swear there was a post like this recently...

Re: Average withdrawal
 

It all depends on the account activity and history. I treat my eB accounts like crap but I maintain my PP's like a saint. I've never had problems withdrawing anywhere from 100-12,000 in one shot.