PayPal is not a bank you need to have a bank account to open a PayPal account. The reasoning for this is because PayPal pulls the money from your bank to make purchases.
PayPal if you have a bank account and the other party has paypal.
yes, but you need to have it connected to your bank account.
When you use PayPal to complete on-line payments, PayPal gives the money to the seller immediately, then recovers the cash from your linked bank account. The purchase is immediate - but the funds recovery might take a few days, depending on how fast your bank works. On your bank statement - any payments to PayPal will show up as 'PayPal debit' - instead of the name of the company you bought goods from.
To transfer funds from PayPal to a bank account, the user has to log into PayPal and transfer the money manually.
PayPal cannot directly overdraft your bank account. However, if you link your bank account to PayPal and make a purchase that exceeds your PayPal balance, PayPal may attempt to withdraw the funds from your linked bank account, which could potentially result in an overdraft if there are insufficient funds available.
PayPal does not have the ability to overdraft your bank account. Transactions made through PayPal are typically funded by a linked bank account, credit card, or PayPal balance. If there are insufficient funds in your linked bank account, the transaction may be declined.
Yes, PayPal can withdraw money from your linked bank account if you have authorized them to do so.
To pay yourself with PayPal, you can transfer money from your PayPal account to your linked bank account or request a check from PayPal.
Transfer to your PayPal. Then from PayPal you can transfer to your Account Bank.
Some examples of famous accounting companies are bank of the west and and Bank of America and us bank. Also paypal too. Basically any type of bank and any tax company.
Yes, PayPal can withdraw funds directly from your linked bank account if you have authorized it to do so.