Keeping money in paypal
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I am not new to PayPAl just not very familar.
Can I keep money in my paypal account and not have to use my bank account to tranfer; in other words I want to keep a balance without having to withdraw it, am I allowed to maintain a balance ,if so how long without penalties can I do this?
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Hi faithwalker3
You can keep the money in your paypal if you like, but I think sometimes paypal limits some accounts of how much you can have as a security measure
I would keep a daily eye on it though if you have a large amount
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Thank you so much for getting back to me so quickly.
I was wondering because I bid on auctions and need funds on hand to pay shipping with and I am getting transfer fees from my bank with so me.
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You're welcome
Also you never have to have money in your paypal balance to bid/buy things as paypal will take the money straight from you back up source
There's no need to transfer money in to your paypal unless you want to
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