PayPal Policy

• As per paragraph 40 of the Staff Clubs Guide, PayPal does not fully comply with the dual signatory requirement for making payments at the point of authorisation and therefore is not deemed to provide adequate control for making payments from club bank accounts.
• However, given its increased use, clubs may allow the use of PayPal accounts to take in monies – for things like trips and other offers – but may not be used to make payments.
• The only exception to this restriction on payments is to allow funds in the PayPal account to be transferred to the club’s usual bank account.