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Created: 2011-09-28 09:04:04
sk555
UK elite
Points2shop is my specialty
Total posts: 1307
Status: Offline
Date of Birth: 91-09-01
Total Earnings: $406.97
reply date: 2011-09-28 09:04:04


I am looking to withdraw cash via paypal and have 2 questions.

1) Is the USD ($) converted to £ as soon as it lands in the account?
2) How long do the payments take to be approved?

thanks in advance for your help
emily0410
UK moderator
Points2Helper
Total posts: 5897
Status: Offline
Total Earnings: $3436.68
reply date: 2011-09-28 09:19:44


Yes I believe that the cash is converted when it reaches your account.

The time for approval depends on how much you want to withdraw. If it is below $100 then because you are gold+ it will be an instant payment.
If you want to withdraw anything over $100 then it will usually take up to 24 hours to approve.
sk555
UK elite
Points2shop is my specialty
Total posts: 1307
Status: Offline
Date of Birth: 91-09-01
Total Earnings: $406.97
reply date: 2011-09-28 10:54:45


Thanks for your help...

a final question is how the rate is calcuated.,...im trying to be smart and do it when the dollar appreciates
emily0410
UK moderator
Points2Helper
Total posts: 5897
Status: Offline
Total Earnings: $3436.68
reply date: 2011-09-28 11:31:44


Thanks for your help...

a final question is how the rate is calcuated.,...im trying to be smart and do it when the dollar appreciates sk555


I'm not sure about that, paypal may have a different rate (I have heard that their rate is a little better).
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