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Chris Miller
Chris Miller, Internet Researcher
Category: General
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Experience:  Master's degree in social work, computer knowledge, strong math and science background
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How does pay pal work. I am trying to sell a diamond for $16,052

Resolved Question:

How does pay pal work. I am trying to sell a diamond for $16,052. I want to be sure I receive my money of course. The buyer wants to use paypal, but I am afraid I will loose my diamond and never get the money???

Help!
Submitted: 6 years ago.
Category: General
Expert:  mike kelly replied 6 years ago.
Hi,how are you?The way pay pal works is,the monet would be deposited in to your paypal account and then you would ship the item.After the money is in your paypal account you can transfer it to your bank account.
Customer: replied 6 years ago.
I there a limit in the amount of the transfer of money?
Expert:  Chris Miller replied 6 years ago.

HelloCustomer

 

If the customer is a verified paypal member they can send up to $10,000 at a time within the U.S., so there would have to be two transfers of funds for your sale of the ring.

 

Hope this helps!

Chris Miller, Internet Researcher
Category: General
Satisfied Customers: 2782
Experience: Master's degree in social work, computer knowledge, strong math and science background
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