[AndreasLV]

Hi guys,

I have a Paypal account.

When I pay for an item on eBay - it is linked primarily with my bank account, and that is where the money is withdrawn from to pay for the item.


Someone is buying an item that I am selling on the classifieds here.

They will pay through Paypal.

Embarrassingly, I have never received payment via Paypal before and I am unsure of the procedure exactly.


When someone pays me via Paypal.

Where exactly does the money go?

a) Does it go directly into my bank account (Royal Bank of Scotland account)?

b) Or does it go into a Paypal account, and if I want it to go to my bank account (Royal Bank of Scotland account) - I will have to transfer it?

c) When exactly is the money "safe" - so I can decide that I can post the item.
Is it safe or mine as soon as it shows up in my Paypal account.
Is there any way of the buyer taking the money back out of my paypal account.

d) I might be using Paypal quite regularly to receive payments.
It says I might need to upgrade my account - to either Premier or Business. Is that the case?

e) Do I get all the money? Or do Paypal charge a fee?


Sorry if I am being paranoid, but I want to be safe in my transactions, and i also don't want to mess the buyer around by making him/her wait longer than necessary for the item.


Cheers