25p fee to withdraw from paypal to my bank account

martin57

Hi there,

I have £11.50 in my paypal account (just been paid from a cahsback site) and I want to withdraw the money to my registered bank account, but paypal charge 25p for this because its less than £50.

Should I request withdrawl of £11.25 thereby leaving the 25p cost to cover the withdrawl fee, or request the full amount and payapl will automatically withdraw the 25p from my bank account.

anyone know ...thanks

martin57

soolin

Request the full amount and paypal will send it minus the fee.

Avoriaz

Can you pay money into your Paypal account free of charge?

If yes, pay in £38.50 and then withdraw £50 free of charge.

greenstreetprince

martin57 wrote: »

Should I request withdrawl of £11.25 thereby leaving the 25p cost to cover the withdrawl fee, or request the full amount and payapl will automatically withdraw the 25p from my bank account.

if you request a withdrawal of 11.25 paypal will cut 25p and leave you with £11, you dont need to manually remove paypal's cut, as paypal do this themselves, if you do it too, you end up a further 25p out of pocket

Avoriaz wrote: »

Can you pay money into your Paypal account free of charge?

If yes, pay in £38.50 and then withdraw £50 free of charge.

although free, this will take around 6-7 days for money to reach paypal, and a further 4-5 for the money to get back to the bank account