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Paypal Question: Instant Transfers - Printable Version

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Paypal Question: Instant Transfers - Jluck - 03-20-2009

I have funds in the bank that i need to transfer to my paypal for a purchase, and instead of waiting 3-4 business days, I see the "Instant Transfer" option.Just curious if any of you use the Instant transfer before w/o any problems (ie. has overdrafts occured even though you have the proper funds, things like that)Thanks in advance!~Jonny


Paypal Question: Instant Transfers - crypticcreator - 03-20-2009

Hey Jonny,Not sure if this is what you mean...but I have a debit card tied to my paypal account. This option is on the profile tab under "add or edit credit card" option. Even when you have no money in my paypal account, you can still make a purchase this way. The money is still coming from your bank account, but it's an instant transfer and you don't have to wait 3-5 days for your bank account money to transfer into your paypal account. When I've had to do this, I've never had any problems. Hope that helps and wasn't too confusing. I may have confused myself... <img src=\"style_emoticons/<#EMO_DIR#>/unsure.gif\" style=\"vertical-align:middle\" emoid=\":unsure:\" border=\"0\" alt=\"unsure.gif\" />


Paypal Question: Instant Transfers - mperaginejr - 03-20-2009

Instant transfer takes the money directly from you pay account and pays the person you are trying to pay, instead of loading your payapal account, I pay people in this fashion religously and have never had a problem. Your payapl account just stays zero, but the funds come out of your account and pay the person, similar to an ach or wire transfer. Hope that helps.


Paypal Question: Instant Transfers - Jluck - 03-20-2009

Right on guys, thats what i wanted to hear. Thank you. <img src=\"style_emoticons/<#EMO_DIR#>/thumbsup.gif\" style=\"vertical-align:middle\" emoid=\":thumbsup:\" border=\"0\" alt=\"thumbsup.gif\" /> I just wanted some feedback from people who have used this feature. Last thing i needed was an issue with my bank account ya know.Much appreciated.~Jonny


Paypal Question: Instant Transfers - mperaginejr - 03-20-2009

Glad I could help!