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
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.