How long do I have to wait before I can transfer a paypal deposit to my bank account
jhemix
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Posted on
Nov-10-2020
08:33 AM
I am selling a vehicle, If the buyer deposits money into my paypal account, how long do I have to wait to transfer the buyers deposit to my bank account? I would like to transfer the deposit to my bank account before signing over the title and giving him the vehicle....
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1 REPLY 1
kernowlass
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Nov-10-2020
03:57 PM
Depends if you are subject to the new seller hold or not.
Also you have 0 seller protection on paypal for motor vehicles so you would not be covered in the event of an unauthorised claim or chargeback.
Advice is voluntary.
Kudos / Solution appreciated.
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