True gifts. This rule applies only to true gifts. You canât avoid paying income tax by calling something a gift when it isnât. For example, a âgiftâ you receive in exchange for services or some other consideration isnât a gift. Income after gift.
Actually, they can. PayPal will put your account into a negative balance and any funds you add or receive will first go towards that negative amount. If you keep a negative balance for over 30 days, they will send you to collections and close your account.
Report Abuse. to transfer money from your bank to paypal takes one week if you purchase something on ebay using paypal then the other person recieves the money within 1 day. hope this helps.hey can then transfer that money from their paypal account into their bank account. HOWEVER, if the payment is being funded from your bank account (rather than funds sitting in your paypal account), the money may not actually leave your account for two or three days... Simon Â· 6 years ago.