How To Get My Remaining Money If I close The Account In Paypal??

August 1, 2010 3:56am CST
I am going to close my account in paypal.I have some money in my account which is less than my minimum payout limie.How Will I get that money back if i close the account in PayPal??
2 responses
@emarie (5451)
• United States
1 Aug 10
It's true, if it's not the minimum amount for a check then I don't think you can do it. The only thing I can think of is if you're account if linked up with a bank account and you might be able to transfer the amount. But I would just keep the account open at least till you get the minimum and then close it. It doesn't cost to keep it open.
@Wismay (2038)
• India
1 Aug 10
Hi Deepak! You don't get it back if you don't spend or withdraw the amount. First of all why do you want to close your Paypal account? You want to open a new account? It is not mandatory to be an active user so you can just leave the PayPal account as it is as you can use it later on if you need. And, if you really want to close your account then you can wait till your account accumulates the minimum amount to withdraw. Or you can spend the money by buying something online. Or if you have any other processor like Alertpay, Liberty Reserve etc, you can exchange your PayPal amount to that account. So it depends on why and what you want to do. Happy Mylotting!