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Q: Can you transfer into bank for free? (Paypal)

I was wondering, I've selling some stuff on Ebay which amounts to just over £30, could i transfer £20 into Paypal, taking my balance over £50, which then means I can withdraw it BACK into my bank account for free?
(BTW: I do have a business account!)
Any help appreciated
LLol_slim
embarrassed to say I used to work for barclays..sorry

Comments

  • bleugh
    bleugh Posts: 1,796 Forumite
    you could do that!.
    means you won't see the money you transfer to paypal for about two weeks tho,
    is it really worth the hassle to save 25 pence?,
    money saving my @rse.
    I've spent 10x as much as I would if I had never discovered this website :-)
    :: No Links in signatures please - FM ::
  • llol_slim
    llol_slim Posts: 405 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    bleugh wrote:
    you could do that!.
    means you won't see the money you transfer to paypal for about two weeks tho,
    is it really worth the hassle to save 25 pence?,
    25p ... i AM trying to conserve money, but I obviously didnt read it that well, I was thinking of the amount I get charged to recieve money ... D'OH
    Thanks for pointing that out for me :)
    LLol_slim
    embarrassed to say I used to work for barclays..sorry
  • angelcake
    angelcake Posts: 4,496 Forumite
    not just that you would get charged for receiving money into paypal account!!
    :p:p Angel :p:p
  • lapat
    lapat Posts: 816 Forumite
    just leave it there and wait and let it build up it soon does and then transfer it for free when you get the £50
    need to have a lightbulb moment
  • llol_slim
    llol_slim Posts: 405 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    angelcake wrote:
    not just that you would get charged for receiving money into paypal account!!
    i do.. receiving money from 3rd prty, selling on ebay I got charged..
    lapat wrote:
    just leave it there and wait and let it build up it soon does and then transfer it for free when you get the £50
    nice idea, need the reddies tho!!

    Thanks
    LLol_slim
    embarrassed to say I used to work for barclays..sorry
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