Is PayPal faster with smaller amounts?


#1

Sometime ago I withdrew $600 and it took PayPal a while for the money to be deposited into my account.

the other day I withdraw $300 and it only took 24 hours. Is there a reason for this? Is PayPal or the bank account more suspicious of larger amounts? Or can PayPal be slow or fast regardless of amount?


#2

It depends on which day you withdraw and how your bank operates. When we withdraw from Fiverr to Paypal, the transaction is immediate (we have a business account with PayPal). However, it takes 1-3 days to deposit into our bank account (we have a business account with our bank as well). I’ve never had an issue in regards to limits.


#3

The amount makes no difference. Only Paypal knows the answer.


#4

That makes sense, I withdrew the $600 on a Saturday and got the money on Wednesday. In the past, when it withdraw on Monday or Tuesday, I get it the next day.


#5

Can I withdraw money when my balance is only $4?


#6

PayPal
The fee to withdraw is 2% of the sum withdrawal amount, up to $1.
The minimum withdrawal amount is $1.

Bank Transfer
There is a $3 charge per withdrawal. Additional fees may apply based on your location and currency.
The minimum withdrawal amount is $50.

Direct Deposit (Only available in the U.S.)
The minimum withdrawal amount is $5.
You cannot have the Fiverr Revenue Cardtm and Direct Deposit simultaneously.
Source: http://support.fiverr.com/hc/en-us/articles/204060786-Withdrawing-Funds

Personally, I don’t recommend withdrawing small amounts of money. Remember, Paypal only charges $1 so if you withdraw $50, you’re losing 0.5%. But if you withdraw $5, then you’re losing 20%. Furthermore, if you made one hundred $5 withdrawals in 100 days, you’d be paying $100 in fees. But if you withdraw $100 in one day, then you only pay $1.