Unable To Instantly Transfer $5K From My PP Balance to My Schwab Bank Checking Account Debit Card

E1CE1C
Contributor
Contributor

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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2 REPLIES 2

JCBF1225
Contributor
Contributor

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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E1CE1C
Contributor
Contributor

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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