Common use of Withdrawing money Clause in Contracts

Withdrawing money. If you have a premier or business account with a PayPal balance, you may withdraw it by transferring it to your local bank account or to your U.S. bank account linked to your PayPal account or by using the instant withdrawal service with your eligible local bank account where settlement will generally take place within one business day during banking hours or the following business day if the withdrawal is made during a public holiday or after banking hours (the “Instant Withdrawals”) (subject to the availability following the launch of such service by PayPal). To protect us and our users from loss, we may delay a withdrawal in certain situations, including if we need to confirm that you have authorized the withdrawal or if other payments to your PayPal account have been subject to a reversal (for example, as a result of a chargeback, bank reversal or dispute by a buyer). If we place a limitation on your PayPal account, a payment is subject to a hold, or your account or an associated account has a negative balance in any currency while a withdrawal from your PayPal account is pending, you will have to reinitiate the withdrawal once the limitation or hold has been lifted, or the negative balance is fully paid off. We may set limits on your withdrawals, and you can view any withdrawal limit by logging into your PayPal account. PayPal balance from personal accounts cannot be withdrawn into a bank account.

Withdrawing money. If you have a premier or business account with a balance in your PayPal balanceaccount, you may withdraw it by transferring it to your local bank account or to your U.S. bank account linked to your PayPal account or by using the instant withdrawal service with your eligible local bank account where settlement will generally take place within one business day during banking hours or the following business day if the withdrawal is made during a public holiday or after banking hours (the “Instant Withdrawals”) (subject to the availability following the launch of such service by PayPal). To protect us and our users from loss, we may delay a withdrawal in certain situations, including if we need to confirm that you have authorized the withdrawal or if other payments to your PayPal account have been subject to a reversal (for example, as a result of a chargeback, bank reversal or dispute by a buyer). If we place a limitation on your PayPal account, a payment is subject to a hold, or your account or an associated account has a negative balance in any currency while a withdrawal from your PayPal account is pending, you will have to reinitiate the withdrawal once the limitation or hold has been lifted, or the negative balance is fully paid off. We may set limits on your withdrawals, and you can view any withdrawal limit by logging into your PayPal account. PayPal The balance from personal accounts cannot be withdrawn into a bank account.