Money from Germany to Canada

Sammybellz
New Community Member

I have a friend sending me money via paypal from Germany. I need the money ASAP and have never used paypal. i just want confirmation from someone that the money will be in my paypal account as soon as it is sent and then i can transfer it to my bank account? Just making sure there wouldnt be any holds. 

 

Thanks!

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Sammybellz 

 

Its down to how the payment is SENT to your account.

1. If they send using money > goods / services option then paypal would see you as a seller and apply the new seller hold. They would also charge you a fee.

2. If they send using the send money > family / friends option then you should have the payment instantly with no fee. 

There are however some occasions where friends / family payments are held for reviews but these are normally only 24 hours.

However do not use option 2 for selling as its against paypal rules and can lead to your account being limited and negates your seller protection.

Lastly make sure she sends in a currency that you can accept and withdraw on your paypal account.

 

However no one can 100% guarantee that paypal won't hold your funds if the payment is large or triggers secuity in some way then its a possibility.


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Kudos / Solution appreciated.
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