Microstock Photography Forum - General > Off Topic
Paypal woes
fintastique:
Finally I have earned enough cash for payouts from DT StockXpert and FT.
So I requested payment on friday and received the payments over the weekend.
I noticed FT have a much more favourable exchange rate than paypal 1.77 cf 1.89 US dollar to sterling.
then I tried to transfer the money - houston we have a problem.
I have two paypal accounts one a premier account for accepting credit card payments when I occassionally sell something on eBay (and have deductions)
and a personal account for micro stock payments so paypal wouldn't take their 20p + 2% nibble.
Of course now when I try to transfer the funds to my bank account I find out that a bank account can only be linked to one paypal account for security reasons.
If I transfer the funds to my premier paypal account will those greedy ****ers take another bite? Obviously I can use this money for buying things online but i was rather hoping to use it to buy food and pay some of my rent.
I think i will be setting up a Moneybookers account at least Alamy are based in the UK and they will send me a cheque in hard currency.
leaf:
yep if you transfer the $$ to your paypal account then they will take the $$.
I have my money in a bank where it takes 2 seconds online to create a new bank account, do you have something like that in GB? I ended up creating a new bank account so that I could have one attached to each paypal account. Or perhaps if you have a personal and a chequing account, use one for each type of paypal acct.
fintastique:
I see it is a common problem.
I e-mailed PayPal to see their comments
looks another important addition to my microstock guide
Opening another bank account is an option will have a look online, there is so much bank fraud about I am sure it takes a bit longer than 2 seconds to set up.
I am considering removing my bank account details from the premier account as a temporary measure as I get no credit card payments these days.
jlye:
thats what i did. I removed my bank account from teh premier paypal account
and tag it to the personal account instead.
So now all withdrawal are through my paypal personal account.
You really do not need a bank account tag to the premier account since even if payment comes to your premier account, you can just transfer them to your personal account which will be free.
Hope this helps
--- Quote from: fintastique on June 19, 2006, 03:49 ---I see it is a common problem.
I e-mailed PayPal to see their comments
looks another important addition to my microstock guide
Opening another bank account is an option will have a look online, there is so much bank fraud about I am sure it takes a bit longer than 2 seconds to set up.
I am considering removing my bank account details from the premier account as a temporary measure as I get no credit card payments these days.
--- End quote ---
leaf:
--- Quote from: fintastique on June 19, 2006, 03:49 ---I see it is a common problem.
I e-mailed PayPal to see their comments
looks another important addition to my microstock guide
Opening another bank account is an option will have a look online, there is so much bank fraud about I am sure it takes a bit longer than 2 seconds to set up.
I am considering removing my bank account details from the premier account as a temporary measure as I get no credit card payments these days.
--- End quote ---
it did actually take only 2 seconds (or well 2 minutes i suppose to be exact). With online banking (where I allready had an account). I just clicked 'add account', selected the type, selected what i wanted to 'call it' and presto there it was. I got an extra bank account # which i sent to paypal to have with my personal account.
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