MyPTEZ: PayPal Transfers

PAYPAL: Transferring funds from PP to a Bank Account

  1. ADVICE: Do not transfer money between accounts within 3 days of a PTA Board or General Association meeting. Due to banking rules, transfers may take 1-3 days to show up, i.e. funds may be debited from one account but not yet show up on the other. These “limbo” funds – although explainable – can make audit and treasurer reporting more complicated than necessary.
  2. Log into PayPal and initiate actual transfer. Depending on amount being transferred, expect 1-3 days for the funds to show up in Bank Account.
  3. In MyPTEZ: Balance Adjustment.
  • Date: Transfer initiated
  • Purpose: Transfer PayPal to XX
  • DECREASE PayPay – enter amount
  • Category: Bank Account(s). Please note that MyPTEZ allows splits between accounts.
  • SAVE

Every Child. One Voice. Welcome to the website of the Palo Alto Council of PTAs. Our purpose is to foster collaboration, conduct leadership training, and coordinate the efforts of our site PTAs. This website is intended to be a resource for our PTAs to accomplish their Mission.