Hello Everyone, I currently only have a few dollars left over in my paypal account but I want to send a payment for a server today, and saw the option of sending an echeque or instant bank transfer. If I was to do this would the money come straight form my bak account, and is it ok that I dont have money in my paypal account or will it cause problems? Thanks Jonathan
Just do an eCheck payment...instant bank transfer and eCheck take the same amount of time to clear...at least by the time it clears your host will already have the payment.
Instant Transfer and eCheck are almost similiar. The eCheck option would just withdraw from your bank account and if there is insufficient funds, the payment would be declined. With Instant Transfer, it will try to withdraw from your bank account if there is insufficient funds, it will charge your credit/debit card which is attached to your account. According to Paypal, with Instant Transfer, the one you are paying would receive payment immediately (sort of a cash advance) while Paypal would try to withdraw from your bank account. With eCheck, the one you are paying would have to wait for the transfer to be completed within 5 to 6 days. Of course, if you need to make payment instantly, use your credit card to pay. That way, you be assured that the payment would be completed without complications.