Is it safe to link saving account with pay pal ?

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Just open pay pal account ~

to withdraw funds from pay pal to my saving bank account .
or perhaps withdraw some money from my saving bank account to do online shopping.

the problem is ..Safe?

how long it take to withdraw and send funds to pay pal.


since I don't own credit card. Don't tell me go to apply because I don't like to use credit card.

thanks bros


so curious anyone link his saving account to pay pal and is it safe.
 

IronMac

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I've had my savings account and credit cards linked to PayPal and it's all been fine. Been about 5 years now.
 
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oic ~

another question

I noticed even if your paypal not verify

you can also withdraw money from pay pal to your bank account?

another question ~

about sending and withdraw


sending money from saving account to pay pal account got any service charges?

same for withdraw money from pay pal account to saving account?

I read , it seem ....that if you want to withdraw , less than 200 dollars , they will deduct 1 dollar

whereas more than 200 dollars is free

next usually it will take 4 to 6 days ? apply for both tasks?

thanks ~
 
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squeeish

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I'm not sure about the charges as I only use it to pay for online purchases.

You can create another savings account specifically for PayPal if you're worried. I myself limit the max amount of money I have inside the account linked to my PayPal.
 
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I'm not sure about the charges as I only use it to pay for online purchases.

You can create another savings account specifically for PayPal if you're worried. I myself limit the max amount of money I have inside the account linked to my PayPal.

I feel is funny perhaps is me? lol

you see if you haven't verify pay pal they cap your amount

but after verify you can remove the limit .

but in fact most of us want to limit to avoid some fraud , etc..incidents..like hack..etc..
 
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The limit may be an obstacle for people who are using Paypal for online business not only in terms of the amount you can send and receive but also its status of being "verified" - meaning your account is trustworthy.

I've my sg account linked to paypal for more than 5 years now - no problems so far.

They earn by giving you poor forex rate when you withdraw your money.
 

squeeish

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Just verify loh. The key thing is to limit the amount of money in the account linked to your PayPal.

I have two friends who somehow got their PayPal hacked into. One had several outgoing transactions ( to get around the withdrawal limit imposed) until his account was kosong. He only found out about it weeks later.

Another one had a one time withdrawal which cleaned out his account. Lucky for him there was only $100+ inside.
 
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Just verify loh. The key thing is to limit the amount of money in the account linked to your PayPal.

I have two friends who somehow got their PayPal hacked into. One had several outgoing transactions ( to get around the withdrawal limit imposed) until his account was kosong. He only found out about it weeks later.

Another one had a one time withdrawal which cleaned out his account. Lucky for him there was only $100+ inside.

huh , pay pal never email to them the transactions?

standard process right?

if any send/withdraw payment etc they will email the invoice , transactions...as record.

same apply for banks etc online accounts

so ..after verify ..

go back to limit the amount .....huh?
 
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ok I already verify my account~

but where to put limit?

as it been remove.

paypal stated , no need to worry as the limit been remove....
 

steventay

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my paypal account kanna hack and someone use my cc and charge $300 GBP.

i have report to paypal and they take 2 wks to check and refund me back.
 
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