PayPal to Bank Acct. transfers......

[DWBass]

Has anyone done this using Paypal?

[J.D.B.]

Works well, takes about three days, though.
Josh

[FL Knifemaker]

3 WORKING days.

[DWBass]

Cool. I've had cats send me e-checks to my PayPal account and it takes about 3 days to clear. I have to send money to a friend and he doesn't have a PayPal account but does have a bank account. Just wanted to make sure I could do it.

Thanks.

[A9X]

If it's international, it can take a week, but otherwise it's pretty good.

[RandomEvent]

I do it all the time, generally 3 business days is how long it takes. I dont use PayPal often enough to keep my money in there, and I don't want anymore plastic cards than I already have, no matter how convenient it might be.

[bongomania]

Originally Posted by DWBass

Cool. I've had cats send me e-checks to my PayPal account and it takes about 3 days to clear. I have to send money to a friend and he doesn't have a PayPal account but does have a bank account. Just wanted to make sure I could do it.

OK wait, so you're not talking about sending the money to your own account, but to somebody else's? That's not going to work, not unless they give you their routing numbers and online banking passwords. Paypal won't send money to an account it can't also withdraw from.

Tell your friend to get a Paypal account, or just write him a check.

[DWBass]

Originally Posted by bongomania

OK wait, so you're not talking about sending the money to your own account, but to somebody else's? That's not going to work, not unless they give you their routing numbers and online banking passwords. Paypal won't send money to an account it can't also withdraw from.

Tell your friend to get a Paypal account, or just write him a check.

That's what I wanted to make sure about. Do I really need their passwords? Will just a routing number not suffice? My second issue is I don't have my PayPal account tied to my bank account. I've been doing fine without it (just about 2 years of transactions).

[tbone0813]

Originally Posted by DWBass

That's what I wanted to make sure about. Do I really need their passwords? Will just a routing number not suffice? My second issue is I don't have my PayPal account tied to my bank account. I've been doing fine without it (just about 2 years of transactions).

It's a lot more than that. After you add your friends bank account to your Paypal account you will have to wait until Paypal verifies his account. They do that by making a small deposit in to his account. Once the deposit is in your friends bank account you have to find out how much the deposit is, and then activate the bank account online through Paypal by acknowledging the deposit amount.

Atleast this is what I had to do when I added my bank account to my Paypal account. Also, I'm guessing Paypal wouldn't OK this if they knew it was not your bank account.

[bongomania]

Yeah, it's honestly a major PITA. Just write him a check.

[pointbass]

You can do a bank-to-bank transfer, a small fee may be issued but at least you can do it right away. You will only need his bank routing # ..... talk to your bank, they do things like this all of the time .....