Transfering $300 from my paypal to my bank. Any Fees?

[froggyjump]

Cannot find this info anywhere. For years I ordered a check which arrived in the mail. It was $1.50 fee

Thanks

[slippinjimmy · Accepted solution]

If you use a regular transfer there is no fee.

PayPal offers a high speed transfer for which there is a fee.

Regular transfers generally take less than 48 hours to hit your bank, the high speed is less than an hour (so I've heard, never been desperate enough to try it).

[froggyjump]

Thank you! Before, they were free but I wasn't sure.

Last transfer, it hit my credit union the following day.

My Credit Union doesn't hold the $ like a bank, most Credit Unions are like that imho

[this*old*attic]

It’s virtually instant, and about 25 cents

[varietyitems]

All I could find on PayPal is "transfer money" they charged me 1% to transfer to by bank account. No where did it say Instant or give me a choice of the longer regular transfer.

[klhmdg]

If you go to PayPal's web site the fees are listed and when to transfer PayPal will show you what if any fees they charge.

Might be best to go to PayPal with this question

[varietyitems]

Nevermind, I found the area to do a standard Free transfer.

[a_c_green]

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@this*old*attic wrote:

It’s virtually instant, and about 25 cents

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Not any more, unfortunately; the 25¢ instant transfer has been discontinued.

The instant transfer (happens within 1-2 minutes, in my experience, and the funds are fully cleared and available as soon as they hit my checking account) now costs 1% of the transferred amount, up to a $10 maximum, and is deducted from the transferring amount (i.e. not from your remaining balance). For example, an instant transfer of $400 costs $4, and you will actually net $396 in the receiving bank account.

Regular transfers generally take one night to go through (outside of weekends and holidays), and are done at no charge. 

[luckythewinner]

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@froggyjump wrote:

Cannot find this info anywhere. For years I ordered a check which arrived in the mail. It was $1.50 fee

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I still do it by check. 

I have never given PayPal my banking information, and probably never will. 

[berserkerplanet]

Just did a standard "slow boat" free PayPal transfer to bank account a few days ago at 2:36am - got notification of deposit from bank at 10:34 am that same day (8 hours)