Unable To Instantly Transfer $5K From My PP Balance to My Schwab Bank Checking Account Debit Card
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Sold my Ethereum today...Proceeds transferred immediately to my PayPal balance. Then tried to instantly transfer $5K from my PayPal balance to my Schwab Bank Checking Account Debit Card. Keep getting error message "unable to do that." Why? Need that money transferred today. Even tried a $4999.00 instant transfer and got the same error message. Please advise soonest. Mark
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I wonder if there is a limit on how much you can transfer out of PayPal in a day. I haven't been able to find anything that specifically states there is a limit, but I do see PayPal Cash Card purchases are limited to $3000 per day. I wonder if a transfer like that is somehow similar. You might consider trying to transfer $3000 and see if it goes through, then transferring the remaining $2000 tomorrow.
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Thank you for your response! I tried $3K transfer and didn't work. Also tried $5K transfer just to my checking account (not the debit card) and it too did not work. Frustrating. PayPal needs to provide specifics as to why a transaction doesn't process. Thanks again. Mark

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