Common use of Adding or Withdrawing Money Clause in Contracts

Adding or Withdrawing Money. Adding money Withdrawing money Managing Your Money in Multiple Currencies Holding multiple currencies Currency conversion choices Account Statements PAYPAL USER AGREEMENT Sending Money and Buying Sending money Receiving money Fees for Sending Money to Friends and Family If you send money to a friend or family member from a third party (non-PayPal) website or by using a third party’s product or service, then the third party will determine if the sender or recipient pays the fee. This will be disclosed to you by the third party before the payment is initiated. You can also use the send money feature in your PayPal account to pay for good or services. You will not be charged any transaction fee for sending money to purchase goods or services as long as you send the money as a commercial transaction (often referred to as using the “send money to pay for goods and services” feature in your PayPal account). In that case, the seller will pay the fees. You must not send money as a personal transaction (often referred to as using the “send money to a friend or family member” feature in your PayPal account) when you are paying for goods or services. Note that the “send money to a friend or family member” feature may not be available when sending money to a business account as such accounts are not eligible to receive personal transactions.

Adding or Withdrawing Money. Adding money Withdrawing money Managing Your Money in Multiple Currencies Holding multiple currencies Currency conversion choices Account Statements PAYPAL USER AGREEMENT Sending Money and Buying Sending money Receiving money Fees for Sending Money to Friends and Family used. And, if you use your credit card as the payment method when sending money, you may be charged a cash-advance fee by your card issuer. If you send money to a friend or family member from a third party (non-PayPal) website or by using a third party’s product or service, then the third party will determine if the sender or recipient pays the fee. This will be disclosed to you by the third party before the payment is initiated. You can also use the send money feature in your PayPal account to pay for good or services. You will not be charged any transaction fee for sending money to purchase goods or services as long as you send the money as a commercial transaction (often referred to as using choose the “send money to pay for goods and services” feature in your PayPal account). In that case, the seller will pay the fees. You must not send money as a personal transaction (often referred to as using use the “send money to a friend or family member” feature in your PayPal account) account when you are paying for goods or services. Note that the “send money to a friend or family member” feature may not be available when sending money to a business account as such accounts are not eligible to receive personal transactions.