Transfer Funds with PayPal with NO FEES

Using the Paypal system to transfer funds to virtually anyone that has a Paypal account is very easy, but you can be hit by fees if you do not watch out.  Use this little blog post as a guide.  The email address that is used to set up the account will be used to make the connection and make the transfer.

(An alternative to Paypal is   See their site for more information.  Many banks and credit unions offer this service for free when you set up with them.)

First, you need to set up a Personal Paypal Account.  Then, link this account to your savings or checking account that you want to move funds from or to, via Paypal.  Be aware that you cannot use a debit or credit card to get No Fee, the linked account must be either a savings or checking account.  (If you use a credit card as a linked account, PayPal will charge you a ~3% fee.) This is a form of ACH. These steps are essential and you should not wait until your need to transfer funds to do them.  It may take a few days to get Paypal to confirm your linked account.

Log into your Personal Paypal account and you will see a screen similar to this.

Click the Pay or Send Money tab and you will see a screen similar to this:


Click the Send money to friends and family link in the middle.  You are not buying anything, you are transferring funds to me from your linked bank account.  See above how to do this linking in advance.

They you will see a screen similar to this:


In the “To” text box, type in the email address of the person that you want to send money to. If they have a Paypal account it should be available. If you are transferring funds to Highland Garden House B and B, use “”  as the “To” recipient.  Type in the Amount and choose the Next button.

SendMoneyNow the magic is apparent. You will be transferring funds from your previously linked account to another Paypal account with NO FEES.  Be sure that the account that funds are going to be coming from is correct and that the Fee is Zero!  Then click Send.

(Note:  If you have not connected your Bank account to your Paypal account in advance, you can still send money to Friends and Family via Paypal using your linked Credit Card.  If you ‘Make a Purchase,’ the seller, HGH, pays the 3% fee, if you send to ‘Friends and Family,’ the buyer (you) pay the fee.)

Dennis’til next time,
Dennis George
Highland Garden House B & B
501 E. Highland Ave.
Mount Vernon, WA 98273
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