What is up with the instant transfer to bank fee? I used to transfer 10k for $15 now its $150 fee

[randyrw]

What is up with the instant transfer to bank fee? I used to transfer 10k for $15 now its $150 fee

This seems a little excessive to me.

[sharpiemarker]

@randyrw 

The fee rate hasn’t changed for business accounts, it’s still 1.50% but there’s no maximum fee limit like on the consumer side:

https://www.paypal.com/us/webapps/mpp/merchant-fees#statement-15

Compare the fee if you were transferring this same amount by wire transfer from bank to bank and choose the one with most value.

[randyrw]

Thats ridiculous for them to do that. For years it only cost me $15 to instant transfer 10k. Now it would be $150. 

They already make over 30k off me on fees as it is. I won't be instant transfering anymore. Ill just wait for free. 

Paypal keep pulling this crap Im gonna have to bail on them. Everybody just getting more greedy.