Paypal

[mjmorris335]

I've been thinking about using my Paypal account to withdraw surplus BF monies, mainly to avoid "Betfair" appearing on my bank statements. Are there any gotchas to be aware of?

Mike

[SeaHorseRacing]

PayPal transaction fees?

[kerberus]

Peter has produced a video about Banks and betting, basic rule is keep them separated.

[LinusP]

I've been thinking about using my Paypal account to withdraw surplus BF monies, mainly to avoid "Betfair" appearing on my bank statements. Are there any gotchas to be aware of?

Mike

I do it, no fees on the withdrawal only the initial deposit assuming you don't need a currency conversion, although lumpy paypal deposits can still look suspicious.

[kerberus]

Anybody with embarrassingly LARGE amounts of cash can always send them to me.

[mjmorris335]

I do it, no fees on the withdrawal only the initial deposit assuming you don't need a currency conversion, although lumpy paypal deposits can still look suspicious.

Oh, I think it'll be a while before anything gets even close to lumpy.

I can't remember whether it was this forum or not, but I have a vague recollection of there being some issue with withdrawals to a different payment method than was used to deposit. Does that ring a bell with anyone?

Mike

[Dallas]

I do it, no fees on the withdrawal only the initial deposit assuming you don't need a currency conversion, although lumpy paypal deposits can still look suspicious.

Oh, I think it'll be a while before anything gets even close to lumpy.

I can't remember whether it was this forum or not, but I have a vague recollection of there being some issue with withdrawals to a different payment method than was used to deposit. Does that ring a bell with anyone?

Mike

Think this might be the thread you mean
http://www.betangel.com/forum/viewtopic ... 87#p114087

[mjmorris335]

I do it, no fees on the withdrawal only the initial deposit assuming you don't need a currency conversion, although lumpy paypal deposits can still look suspicious.

Oh, I think it'll be a while before anything gets even close to lumpy.

I can't remember whether it was this forum or not, but I have a vague recollection of there being some issue with withdrawals to a different payment method than was used to deposit. Does that ring a bell with anyone?

Mike

Think this might be the thread you mean
http://www.betangel.com/forum/viewtopic ... 87#p114087

Ah, yes! Your encyclopaedic knowledge to the rescue once again. Cheers Dallas.

So it looks like I've got nothing to worry about.

Mike