If you’re withdrawing money from PayPal, read this first!
by Sue Bailey
If you’re taking money out of PayPal today, be careful where you click. Since PP UK started offering faster withdrawal with a £5 fee last October, PayPal’s merchants have been clicking on the top link by mistake, and being charged a fiver for the privilege. Now (just as we’ve got used to it), they’ve swapped the links around.
Free, slow withdrawal is top and fast, pay-for withdrawal is down the bottom. There’s a shiny eBay keyring for the first person to click the wrong link 
32 Responses on "If you’re withdrawing money from PayPal, read this first!"
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It is bad that we should pay atall.
With our 2 paypal accountas, we withdrawn twice amonth. The big problem is that ‘paypal credits to our accounts take. not the 2-3 days they should to transfer, but 5-8 days in the main.
Ive been watc hing this lately, & the last crdit was withdrawn on the 17/3, but only arrived taday 24/3.
Amazon payments only take 2 days to credit………….
Question is who’s holding the money back.. Paypal or our Banks…..????.
Still not prepared to pay a fiver to get our own Money..
“Ive been watc hing this lately, & the last crdit was withdrawn on the 17/3, but only arrived taday 24/3.”
Ditto – similar thing happened to me.
“Amazon payments only take 2 days to credit………….”
Really?? My Amazon payments take a FULL WEEK to reach my bank account – and the advise on screen says up to 10 days
Good grief. Google send us cheques through the post for Adsense payments, and they don’t take as long as that to get here! So much for the speedy digital economy.
The faster withrawl link was removed from my paypal accounts some weeks ago so i no longer have that problem.
How can you remove that link nimrod ?
We’ve not got the link on our account either. No idea why, but wouldn’t use it anyway.
Does PayPal have an option like
Quick Withdraw : Always, Never, Ask?
”Amazon payments only take 2 days to credit………….”
Yes….OK…I admit it, after all my years on Ebay (karenswift13), being very careful not to be scammed, my record has been tarnished and last night I fell for this change of order on the withdrawl and it cost me a fiver !!
This is nothing but a blatent attempt to decieve, no other reason to change it and I am annoyed…..annoyed that I fell for it !
I came on tamebay to warn people about it but you guys beat me to it.
It has caught a few people out according to the powersellers forum
Bad luck, Karen.
HOW many threads on the PSB though?!
You can access the eba forums invluding PS forum?
I’ve trying to get on there for days and I get a message saying There is a problem with this website’s security certificate. So I click continue to this webstire (not recommended)and then it says This page may have moved or is no longer available. I get to the forums via ebays “community” tab in the top of most ebay pages
countless thousands the buggers make out of us, and they have the cheek to charge a fiver for better service what a bunch of shylocks
they will be charging for their carrier bags next
Meeeeee! i win the shiny key ring!
I completely missed what it said.
Add to that, it took from last wednesday to Monday to reach my bank account so i really think i win the key ring!
Best wishes
From
Stupid
Sorry, shiny keyring claimed by someone on Facebook last night.
Reading the comments above the wrire withdrawal is still very much there i promise you!
Seems that some people just don’t have the link – there are a few on the PSB saying the same thing. Very odd.
Sorry me again but didnt Paypal (UK) used to charge to withdraw less than £50 a few years ago?
The link is there in my account but I rarely see it as I choose withdraw from the top menu on the home page & go straight to the withdrawal page.
I know the link is there though, as I looked for it when the £5 withdrawal fee was first introduced.
But that involves that horrible floaty drop-down thing… I’d almost rather take my chances with paying the fiver.
Oh dear, here’s another one been caught for a fiver
By Paypal changing the position in this way shows little integrity and to be honest borders on deceptive fraud.
Gerry007 on first post. You have 2 paypal accounts and you only withdraw twice a month?
I would suggest that if you have a balance of £5o or more you should withdraw at any time.
As for Amazon payments they only pay out every couple of weeks do they not?
From memory like Google checkout, Amazon has various options for when money is transfered automatically to you bank account. Either 2 or 4 week cycles I think.
We would be drawing out daily..
On the PayPal site the “withdraw” link has a sub menu item “Transfer to Bank account.” If you click on the “Withdraw” link you should find you’re given the choice of options normal or fast for a fiver.
If however you click on the dropdown link “Transfer to bank account” it will have no options. On mine it defaults to the normal 2-3 days (yeah in your dreams) option. No idea if it does that for everyone else. But it might go someway to explain why some have got caught out if the standard option is not the default for whatever reason.
Ahaha visual misdirection playing tricks on Gestalt perception. Cynical, moi ?
###### UPDATE ######
After emails backwards and forward I have now had £5.00 credited back into my Paypal account
This is after I got absolutley STUPID emails back from some numpties at paypal trying to defend this…..including this email…
” Before the quickdraw feature was introduced to them, all PayPal customers are used to click on the top link (which is the only link available at that
time) to have their funds withdrawn to their Bank account. And then right
after the quickdraw feature was introduced, since this is the top link showing now, some could have mistakenly selected that link for their supposed to be regular withdrawal.
To avoid this from happening again, PayPal swapped the links around”
SO….they admitted that there was a problem when the charge option was first introduced, so they decided to swap it around to cause more confusion !!
That’s gotta be the best excuse I’ve ever heard
Well done on you refund
…confused. Screenshot implies that UK PP account holders can withdraw to a US account? Really?
Presumably, as the option is there.
Yes, assuming you have a US $ bank account in the USA – then yes you can add it and withdraw to it no problem