Comments on: How to Add E*Trade Investment Brokerage Trading Account as Paypal Bank Account for Withdrawal and Deposit

By: vincentchung

vincentchung — Sun, 11 Oct 2009 20:52:10 +0000

is it possible for me to transfer my etrade money into paypal? anyone can give advice?

By: Firstrade

Firstrade — Mon, 09 Mar 2009 19:28:29 +0000

How to add my Firstrade account as paypal bank account
for deposit and withdrawal?

By: becky

becky — Mon, 09 Mar 2009 19:27:11 +0000

How to add my Firstrade account as paypal bank account for deposit and withdrawal?

By: Z

Tue, 10 Feb 2009 10:25:41 +0000

Just as “dick” i would also like to know if this kind of soulution works in 2009. It would be great if the blog-owner or someone that is using it could comment on this.

Thanks in advance!

By: Dick

Dick — Sat, 17 Jan 2009 12:37:06 +0000

So is this working for any of you guys, can you attach an etrade acct to your paypal in 2009.

By: gus edelstein

gus edelstein — Mon, 01 Dec 2008 12:35:49 +0000

Hi,
Did anybody get a successful withdrawal from PayPal into the ETRADE Brokerage Account using this settings?
Thanks!
Gus.

By: Terry

Terry — Tue, 09 Sep 2008 03:41:05 +0000

i still can’t see the small deposit amounts into my account after 6 day’s from paypal confirmation

By: el|te It´s a Trap

el|te It´s a Trap — Wed, 02 Apr 2008 09:22:28 +0000

That´s gooD FutureSpot
Un Saludo
el|te !!!

By: FutureSpot

FutureSpot — Tue, 01 Apr 2008 19:56:36 +0000

Excellent article. After chatting with some Fidelity folks, here is some additional information I learned…

There are 3 at least types of “transfer” options into your brokerage account (and pretty much into all financial institutions)
- Bank Wire or Bank or Wire or Bank/Wire transfers => typically between banks and is two-way (which means if you set it up, both sides can initiate deposit and withdrawals). ONLY USE THIS IF THE TWO ENTITIES ARE ABSOLUTELY TRUSTWORTHY
- EFT => typically between banks, financial institutions, individuals, intermediaries etc. This is also two-way
- Direct Deposit => typically from an organization to an individual and it is ONE-WAY only. This provides more protection if the orgnization is an intermediar who has the possiblity of being spoofed.

So, if you only want PayPal to be able to transfer money into your Brokerage account (and not allow PayPal to take money out), you want to make sure that you get/use the “Direct Deposit” information from your brokerage accoun NOT the Bank/Wire or EFT information.

I am not a lawyer nor a CPA or financial person, but this seems to make sense and so I thought I would add it to this article.