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-   -   paypal (http://www.njfboa.org/forums/showthread.php?t=17199)

Brando56894 04-21-2006 12:43 PM

paypal
 
i finally sold my laptop and the dude payed my through paypal using his credit card, i was wondering if anyone here knew how to transfer the "balance" to my bank account so i can actually use it. i have like $600 as my "balance" on paypal but it doesnt show up in my bank account. whats even worse is i need this money to pay bill next weekend for my tune so i need to figure out how to transfer it

nevermind you have to go to withdraw and do it manually :gay:

even gayer, you can only transfer $500 per month! wtf is that ****??

V 04-21-2006 12:58 PM

Quote:

Originally Posted by Brando56894
even gayer, you can only transfer $500 per month! wtf is that ****??

after a certain number of transactions the limit is either made higher or removed. I have over 100 rated transactions and i have a verified premier business account and i dont have many $ limits for anything really. Plus i got their ATM card so i can just get cash from my balance at any ATM.

Tru2Chevy 04-21-2006 01:15 PM

With a basic account you are limited as to how much you can transfer per month. I don't think it will change unless you upgrade your account.

- Justin

GP99GT 04-21-2006 02:24 PM

yeah the only way to get more than $500 withdrawal is to upgrade.

Brando56894 04-21-2006 02:35 PM

the thing is i had to upgrade to a premium account so i could accept the CC payment, so unless after a certain number of transactions it goes away (what paul said) upgrading didnt seem to do anything to the limit. but then again it doesnt matter cuz either way i can still use the $150 or so that i have on my balance for buyin **** on the internet (MT SRs :D )

i was just reading something where it says "earn a return on your balance" i clicked the link and heres what it says:

When you sign up for the Fund, your PayPal balance will translate into shares of the Money Market Fund, though the function of your PayPal account will not change. You will be assigned shares of the PayPal Money Market Fund automatically, and you will begin to earn monthly dividends. In addition to dividends, you are entitled to participate in events such as shareholder proxy votes.

The current yield is 4.52%* Learn more.

so does this mean u get shares of the company?? does anyone know anything about this or have you used it? is it free?

camaro2you 04-21-2006 03:22 PM

i think if you put in ur social security number or some **** u can take that limit off.

johnjzjz 04-21-2006 04:04 PM

PayPal Money Market Fund is money that is seen by the irs as taxable unless your account told you to use it DONT

If i understand you correct you want to click on withdraw funds and put the total amount in the box it will take 3 days not sure if thats what your question is jz

Brando56894 04-21-2006 06:47 PM

yea i figured out how to withdraw money right after i posted this, and with the money market thing it seems like its pretty much like the stock market...


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