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Deducting $6 Before Transfer

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Deducting $6 Before Transfer

Hey, I'm having some trouble with my account in that the last two times I've received money from my aunt my email said she gave me $200 (which is what she said she was going to give me), but when I open my account it says I have $193.90. Keep in mind this is before transfer to my bank account, which I realize comes with a fee of $0.25. But $6 is just ridiculous. Anyone know what's up? 

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Anonymous_User
Not applicable

Re: Deducting $6 Before Transfer

There's a very good chance the sender chose the wrong option for sending you the money - I'm guessing that the sender chose "Goods and Services" instead of "Friends and Family" - there is a fee (2.9% +.$30) on the total amount which was charged to you because Goods and Services is for selling - the PayPal system assumes you sold something.   If the sender would have selected "Friends and Family" and used money from either their PayPal Account Balance or their Bank Account, you would have received the total amount - no fees.

 

Fees are explained here, note the section titled "Sending money to friends and family."   Fees are also explained in the User Agreement.

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1 REPLY
Anonymous_User
Not applicable

Re: Deducting $6 Before Transfer

There's a very good chance the sender chose the wrong option for sending you the money - I'm guessing that the sender chose "Goods and Services" instead of "Friends and Family" - there is a fee (2.9% +.$30) on the total amount which was charged to you because Goods and Services is for selling - the PayPal system assumes you sold something.   If the sender would have selected "Friends and Family" and used money from either their PayPal Account Balance or their Bank Account, you would have received the total amount - no fees.

 

Fees are explained here, note the section titled "Sending money to friends and family."   Fees are also explained in the User Agreement.

Tags (1)