We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Is it free to withdraw from PayPal

I have a bit of money in PayPal from when eBay used to be connected. I have been trying to work out if I can withdraw this money to my bank. It says that zero fees using the xoom transaction until the last stage where is says fees 1.99. What am I doing wrong or is not free to withdraw money. Thanks 


Comments

  • elsien
    elsien Posts: 35,376 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 9 May 2023 at 11:06PM

    Why are you using xoom? It’s not the same as PayPal which is why there are fees. Just log into your ordinary non Xoom PayPal account and transfer to your bank account.


    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • redux
    redux Posts: 22,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 10 May 2023 at 2:16AM
    I thought Xoom was about sending abroad

    I don't remember any transaction fee on the withdrawals I've done, though I've only done this about 5 times in 10 years
  • jbrassy
    jbrassy Posts: 975 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    As the above poster has said, I have never used Xoom to send money from PayPal to my bank account. I just sent it straight to my account from PayPal and incur zero fees.
  • Same here. PayPal app to linked UK current account, zero cost.
  • paul2louise
    paul2louise Posts: 2,520 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thank you. I must be clicking on the wrong thing.i knew something was wrong..
  • baser999
    baser999 Posts: 1,232 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Had someone send me £10 yesterday, withdrawn already to my linked bank account, no fee
  • paul2louise
    paul2louise Posts: 2,520 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I had my bank account on there but it wasn't properly linked. Linked it and transferred £10 hopefully all sorted. No xoom. Thank you

    I knew I was doing something wrong 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.4K Banking & Borrowing
  • 252.5K Reduce Debt & Boost Income
  • 452.8K Spending & Discounts
  • 242.4K Work, Benefits & Business
  • 619K Mortgages, Homes & Bills
  • 176.2K Life & Family
  • 255.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.