PayPal: is it free to withdraw?

Money_mayhem

Does anyone know if it's free to withdraw money from Paypal? The last time I had money to withdraw (some years ago) you got charged if you withdrew less than £50. Is this still the case?

Thanks,

Mm

DirtPoorGuy

Money_mayhem wrote: »

Does anyone know if it's free to withdraw money from Paypal? The last time I had money to withdraw (some years ago) you got charged if you withdrew less than £50. Is this still the case?

Thanks,

Mm

Yes they still charge you for less than £50.

catch_me_if_you_can

Money_mayhem wrote: »

Does anyone know if it's free to withdraw money from Paypal? The last time I had money to withdraw (some years ago) you got charged if you withdrew less than £50. Is this still the case?

Thanks,

Mm

No, there are no fees. Unless the withdrawal fails (ie wrong bank account number, etc then they charge 50p)

https://www.paypal.com/helpcenter/main.jsp;jsessionid=9XRkP3MQLNyQpbdtxVNgPkSPgccrT9LSS9mQWzwHS2v3CFyz8wLS!-1804136348?locale=en_GB&_dyncharset=UTF-8&countrycode=GB&cmd=_help&serverInstance=9012&t=solutionTab&ft=searchTab&ps=solutionPanels&solutionId=1209632&isSrch=Yes

ch-ch-changes

I have my bank a/c linked to my paypal and regualrly withdraw small amounts to this a/c with no charge

Zero_Sum

DirtPoorGuy wrote: »

Yes they still charge you for less than £50.

no they don't. Used to years ago.

brettcta

i think they do if it's under a fiver

steveE2

As catch me if you can and Louise say

Are there fees for withdrawing funds from my PayPal account?


It is free to withdraw funds from your PayPal account to your bank account. If your attempt to withdraw funds fails, PayPal may charge a fee of 50p to cover the costs of the returned bank withdrawal.

graspthenettle

Or you can pay to have it 'fast tracked' into your account

Money_mayhem

Thank you everyone. You've made things a lot clearer