How does PayPal work if I will only be withdrawing and receiving payments?

[$andeep]

I don't plan on buying using the account, and I don't havea credit card. If I make an account, will PayPal only charge me 2.9% and $0.30 when I receive money, or will it withdraw that from my bank account even if I do not receive anything into the account?

Also, once I get money into it, how do I transfer PayPal money into my bank account?

[Prakash]

PayPal will charge you 0.30 cents when you receive money not for an eBay item. It will deduct the 0.30 cents from the incoming payment. So if you get $1 transfered to you, you would end up with 0.70 cents, not $1.

When you transfer money into your bank account paypal do not charge any money from you.