hey i was wondering about the paypal when you connect you bank account to it. does it show up on your statements do yo uhave to go the bank or somethin and tell them that your doing this. and does it take tax when you put the money in your account thanks you:
Soon after adding your bank account, you will get some small additions from the PAYPAL which you can easily pick in your bank statement. Just tell them the amount they send to your account and thats it. I hope it might help.
You are not required to inform your bank about your Paypal activity as they have no concern with your dealings online. It is the responsibility of Paypal to monitor your online transactions with them. Paypal does not take any fee for bank withdrawal, if it is above certain stipulated amount and banks also do not charge anything for such deposits. Regards, RightMan