As the seller, you shouldn't have to do anything. PayPal collects the payment, automatically subtracts the fees from the buyer's payment and holds the money in your PP account.
I've been trying to read the PP instructions, and this seems correct.
I've had a PP account for years, (have sold on UU before, even though I sound - and am - currently confused about it), and what Kenn2018 said is what happened. The money went into the PP account, I was able to use that to purchase other things, and hopefully, the new owner was happy with the ukulele they received.
But I recall PP sending an email there was a new rule and that they needed a bank account linked to the account. Is this just my faulty memory? Can I just proceed as I have in the past, and quit worrying about this - and quit asking you all about it?
If I sell a uke here and someone sends me the money via PayPal, will it just be held in my account, and I can just spend it on other things until that balance is gone?
Thank you all for your patience. I should have paid more attention to that email long ago that has me confused now.