I have a question about the Paypal payments from Envato. When transferring funds on the 15th of the month, do all funds enter your account on the 15th? Or do I have to wait a couple of days to receive it?
The reason I ask is, I have an electric bill due on the 20th of the month and I don’t want to have to wait 4-5 days to receive my money from Envato. Now, I understand I’m going to have to transfer the funds from my Paypal to my bank and that requires a couple day wait but I’m just curious to know if it’s an immediate transfer from Envato to my Paypal.
I receive my money into paypal on each 15th, in some very rare cases it was 16th
Great! Thanks for the reply
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This month it’ll be distributed on the 16th because the 15th falls on a Sunday. Of course, since it’s dictated by Australia time, you’ll still likely get it on Sunday in the US anyway.
The PayPal to Bank Account transfer can take 4-5 business days, though. That’s the annoying part.