Paypal Auto Sweep Function – Transfer your funds to a bank account every night automatically
I am a big fan of automation, which David Vu and many entrepreneurs also emphasize. There’s a paypal function called “Auto Sweep”. It will send all your Paypal balance or money to your bank account every night automatically without you laying a finger.
This function is very useful because the money from our customers can be used to pay our credit cards, which are used to purchase from sources and pay eBay fees/invoices.
“Auto Sweep” is only available to Paypal business account, which is also free to set up. When I had a personal account, I just called Paypal to convert mine. You might also do it by yourself without waiting on the phone, just google it.
1.
Go to “Profile” at the top right corner, then “Profile and settings”
2.
Click “My money” on the left tab, on the line of “Paypal balance”, click the arrow next to “More”, select “Auto sweep”
3.
Click “Edit”.
Even though it says it might take 3-5 business days, for me, the funds are usually available in the next business day. Your mileage may vary.
4.
Choose your desired bank account, hit “Save”
There you go!
By:Aidan Au
