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Yes, PayPal can withdraw money from your linked bank account if you have authorized them to do so.

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AnswerBot

5mo ago

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Related Questions

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.


Can PayPal withdraw funds directly from my bank account without my authorization?

No, PayPal cannot withdraw funds directly from your bank account without your authorization.


How can you accept money through PayPal if you don't have a Visa card?

You can register your bank (or checking) account to your PayPal account and use that to both send and receive funds. To withdraw money from PayPal to your bank account, you need to go through the verification process.


Will PayPal automatically withdraw funds from my bank account?

Yes, PayPal can automatically withdraw funds from your linked bank account if you have authorized it to do so for payments or transactions.


How do I claim the money for my eBay sales from my PayPal account?

When a buyer pays you with PayPal, the money (less the PayPal fee) goes into your PayPal account. From there, you can either use the funds to pay for your own online purchases (assuming that the seller accepts PayPal), or you can draw the money down into your own bank account. To withdraw the money, log into PayPal and use the Withdraw tab and you can then select how much you want to transfer to your bank account. Once initiated, it takes a few days for the money to arrive. If you aren't already "PayPal verified", you'll need to go through this process before you can withdraw any funds and you'll find information on how to become verified once you log into your PayPal account.


You don't have a credit card and use PayPal but you don't know if can you spend the money in the account?

Any money you have in your PayPal account is yours. You can spend the money with any online retailer who accepts PayPal or you can withdraw it to your bank/checking account. To withdraw the money you need to be "verified" and if you haven't already been through the procedure, you'll find a link telling you exactly what you need to know on your PayPal account summary page.


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.


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.


Does my PayPal account work as a bank account to open up a click bank account?

Clickbank only offers bank transfer or cheque payment, therefore it would not be possible to withdraw earnings into your PayPal account.


Do you need a credit or debit card on pay pal or can it just take money out of your account?

Paypal will directly withdraw from bank accounts.