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PayPal operates as an online payment platform rather than a traditional bank, so it does not have a single issuing bank. Instead, it partners with various banks and financial institutions to facilitate transactions. In the U.S., PayPal is regulated as a money services business and has its own financial services division, which sometimes includes issuing debit cards and other products. For specific transactions, the issuing bank may vary based on the user's linked bank account or card.
What else can I help you with?
Can I open a click bank account with no bank account or can I use my PayPal as a bank account?
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.
How can i transfer money if you do not have visa or credit?
PayPal if you have a bank account and the other party has paypal.
How is the money transferred from a sellers PayPal account to the sellers bank account?
To transfer funds from PayPal to a bank account, the user has to log into PayPal and transfer the money manually.
Can PayPal overdraft my bank account?
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.
Will PayPal overdraft my bank account?
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.
Can PayPal withdraw money from my bank account?
Yes, PayPal can withdraw money from your linked bank account if you have authorized them to do so.
How can you pay yourself with PayPal?
To pay yourself with PayPal, you can transfer money from your PayPal account to your linked bank account or request a check from PayPal.
How do you transfer money from fineptc?
Transfer to your PayPal. Then from PayPal you can transfer to your Account Bank.
Can PayPal withdraw funds directly from your bank account?
Yes, PayPal can withdraw funds directly from your linked bank account if you have authorized it to do so.
What do you call the bank issuing the cheque for payment?
commercial Bank...
If you have some money on PayPal can they deliver that money to you?
No, but you can have it transfered into your bank account that the Paypal is attached too.
What money-reciever name will my bank see from Paypal transaction?
Usually it reads "transfer to paypal"
