Paypal transfer funds to bank - how long ?

[unclegrouch]

Hoping somebody on here can offer some real world advice please ?

I guess Paypal have it all in their FAQ's, but I do wonder if they always tell the truth LOL

If I decided to transfer money to my bank account, how long would it take to show as cleared funds ?

Does it vary with different banks ?

Any real world experience appreciated - ta muchly :-)

[Pet Troll]

In my experience it takes about 2 weeks minimum from date of transfer until cleared funds show.
lloyds and Halifax.

One of the many many reasons I no longer use paypal.

[Sarnie]

Two weeks?????

Mine takes three working days.

Or you could get a Paypal Access Card, which allows you to withdraw your money instantly from any cash machine

[unclegrouch]

many thanks to both of you - a big difference in time there ! Maybe I will have to try it & see how it pans out. PP Access card sounds good, will investigate further ;-)

[Funk]

Three days usually.

[anonymous-user]

48 - 72 hours nowadays ime

[A14RGS]

JPJPJP said:

48 - 72 hours nowadays ime

Same here.

[Wheelrepairit]

JPJPJP said:

48 - 72 hours nowadays ime

This

[unclegrouch]

Excellent - cheers peeps.

It seems as if the paypal card is invitation only, maybe i'm not good enough for them

[Sarnie]

unclegrouch said:

Excellent - cheers peeps.

It seems as if the paypal card is invitation only, maybe i'm not good enough for them

It may only be available to business users or high volume sellers maybe?

[Pet Troll]

Sorry I should have said, it was just over a year ago that I stopped using Paypal so they may have changed the withdrawal times since then.

[unclegrouch]

Pet Troll said:

Sorry I should have said, it was just over a year ago that I stopped using Paypal so they may have changed the withdrawal times since then.

Possibly mate, thanks for the input anyway. I guess the only way is to try it !

[Funk]

I think I understand the OP's question. This morning I had an email from Paypal saying that any payments from people who'd bought from me will now be held for 21 days. This is because of my 'risk profile' apparently, despite having 100% positive feedback since 2003, and having NEVER needed to issue a refund.

Well frankly, Paypal and Ebay can get fked now. Combining this with their now-extortionate costs, I can't be bothered to sell there any more.

[Sarnie]

Funk said:

I think I understand the OP's question. This morning I had an email from Paypal saying that any payments from people who'd bought from me will now be held for 21 days. This is because of my 'risk profile' apparently, despite having 100% positive feedback since 2003, and having NEVER needed to issue a refund.

Well frankly, Paypal and Ebay can get fked now. Combining this with their now-extortionate costs, I can't be bothered to sell there any more.

Have you sold many items recently? This only usually happens if you've not had a lot of recent transactions.

The money will be released within the 21 days if;

a) The buyers leaves positive feedback
b) The buyer confirms receipt of the item.

Also, as far as I'm aware, they haven't increased their fee's recently.

[Funk]

Yes, have sold a lot recently and all 100% positive feedback. However, I'm not prepared for Paypal to decide it is now an escrow without my consent, and with no obvious reason why.

As for fees, Ebay hiked selling fees to 10% a while back (from 3%).

My solution is simply not to give them my business any more.