Forum

Paypal Questions
 

I have few questions about Paypal that I'm not sure about when selling on eBay,

1. When listing an item and closing item, how much fees do eBay and Paypal take before I receive the amount?

2. The amount of money it shows on Paypal, it will not be in my bank account unless I withdraw it?

3. How much fees does Paypal charge for withdrawing money to bank account?

Thanks

1) ebay fees are different depending on category sold in but I always work on 10% eBay fees and around 3.5% PayPal fees

2) It will only go into your bank account if you select to withdraw it otherwise it will stay in your PayPal account balance

3) Paypal is now free to withdraw there used to be a quick withdrawal option which was £5 for the transfer to go through within 24 hours but it's now free and most of the time it's in within a few hours but can still get a subject to PayPal review in which case can take 24 hours

Some people get 72 hour reviews, which just sucks lol. On some accounts, I never get the instant or even 24 hour reviews. :tears:

Do you get 72 hour reviews on every withdrawal mate?

not every.

Welcome to the forums -all the best.

Well mine had 72 hour reviews before..now it's pretty much 24 hours on working days