I just set up my Aussie bank account with Paypal. How long will the two deposits take, and will I be able to use Paypal to conduct transactions with people on DP? I'd like to sell banner space on my proxy, and I'll make a thread about it when I have the account set up. When someone pays paypal for my services will I get the money from paypal straight to my bank account?
The 2 deposits may take up to 3 days as I remember. Money sent to you via PayPal will stay in PP unless your EFT it back to your bank account - about a 3 day process; the best thing to do would be to get the ATM/Debit card to spend your PayPal funds - then you'll get 1% back; which is kind of cool because you recoup part of the fees of receiving the funds this way
When you are all set up, try to get your PayPal Account verified as soon as possible it gives folks who buy services from you more of a 'comfort zone' re the transaction All info as usual in the PayPal faq Good luck with the sales
I believe that the Paypal Debit/Credit Card is only offered in the US. I am from Singapore and Paypal transfers to my bank account takes between 5 to 7 days to complete, it is not automated so you need to request for the transfer for it to begin. You will not get the money right in your bank account but it will go right into your paypal accounts after the charges have been deducted. You can use the funds right away to pay for any services which supports Paypal.
Yes, they do offer bank transfers to my Singapore bank account. As long as you transfer over S$200, you do not need to pay any service charges but of course there is still the 2.5% + whatever exchange rate they use for that time.