Paypal question
Discussion
Just a quickie
With you guys, how long does it take between a cash withdrawal to a bank account saying completed (from pending) in your paypal to actually landing in your bank and being printed as part of your balance?
Either I have been diddled out of some money or it seemingly takes up to 5/6 days AFTER it says completed (ie withdrawal to your bank account completed) to show as a balance.
I'm hoping that I am still waiting for 2 withdrawals to hit my bank that both say completed and were both withdrawn on Sunday and that the one that cleared this morning relates to a withdrawal I made on the 8th now...
If so, why is there this delay, and who is sitting on it earning the interest for that period, Paypal or my bank? There seems to be this void for at least 2/3 days at best where my money disappears as such.
With you guys, how long does it take between a cash withdrawal to a bank account saying completed (from pending) in your paypal to actually landing in your bank and being printed as part of your balance?
Either I have been diddled out of some money or it seemingly takes up to 5/6 days AFTER it says completed (ie withdrawal to your bank account completed) to show as a balance.
I'm hoping that I am still waiting for 2 withdrawals to hit my bank that both say completed and were both withdrawn on Sunday and that the one that cleared this morning relates to a withdrawal I made on the 8th now...
If so, why is there this delay, and who is sitting on it earning the interest for that period, Paypal or my bank? There seems to be this void for at least 2/3 days at best where my money disappears as such.
But surely if it says completed in paypal, this transaction should show as completed at the other end in my bank. If not, the money has disappeared as such for a period.
It wouldn't be a problem if they held it under pending for the period, but to say the transaction is completed when it blantently isn't is losing me interest, obviously making someone else money with MY money, and making me have to work out to trace and tie up transactions at each end to make sure they actually have been completed.
It wouldn't be a problem if they held it under pending for the period, but to say the transaction is completed when it blantently isn't is losing me interest, obviously making someone else money with MY money, and making me have to work out to trace and tie up transactions at each end to make sure they actually have been completed.
bazking69 said:
But surely if it says completed in paypal, this transaction should show as completed at the other end in my bank. If not, the money has disappeared as such for a period.
It wouldn't be a problem if they held it under pending for the period, but to say the transaction is completed when it blantently isn't is losing me interest, obviously making someone else money with MY money, and making me have to work out to trace and tie up transactions at each end to make sure they actually have been completed.
Welcome to the world of Paypal. It takes at least 7 working days from hitting the button to it landing in your bank.It wouldn't be a problem if they held it under pending for the period, but to say the transaction is completed when it blantently isn't is losing me interest, obviously making someone else money with MY money, and making me have to work out to trace and tie up transactions at each end to make sure they actually have been completed.
So they make the interest on that, the fee on recieving, and the fee from the buyer that recieved it before they paid you.
Paypal are changing their policies later this tear, which seems better for buyers and sellers, and in line with what they really should have been doing all along.
BTW did you know you can now pay as a gift without fees(though I guess you won't get the PP backup.
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