Paypal Damon, i need your help!!

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81
I need you to help with a problem. I transferred $350 to my Checking account on the 16th of Nov. It now says that the transaction is complete, but the bank has not received the money. HELP!!
 

Damon

Senior member
Jul 21, 2000
880
0
0
Hi,

All transactions to/from a bank account complete in business days (2-5). The 16th was a Friday---depending on the time of day you requested it , it may not have hit the file until Monday. You have to exclude the weekends from the business day calculation.

I would give this until Friday before you get worried about the transaction.

It will read complete, even if it has not cleared to the bank yet.

 

Logix

Diamond Member
Jul 26, 2001
3,627
0
0
I've transferred money from PayPal to my checking account a couple times. PayPal has always reported that the transaction is complete before it appears in my bank's records. It worried me a bit at first.

But, after a few days, the money always appeared in my checking account. Just give it some time as, Damon suggested.
 

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81


<< I've transferred money from PayPal to my checking account a couple times. PayPal has always reported that the transaction is complete before it appears in my bank's records. It worried me a bit at first.

But, after a few days, the money always appeared in my checking account. Just give it some time as, Damon suggested.
>>




I guess thats the reason. The first 2 times i transferred it completed on time and was in my bank. This time the completed statement came up on monday and still no funds. Got alittle nervous. :)
 

vegetation

Diamond Member
Feb 21, 2001
4,270
2
0
I actually just got an email from paypal stating how some "recently submitted [withdrawal funds] was processed a couple of days late due to a
delay with our transfer process". Looked like a typical form letter to me, not personal.

Never had that happen from paypal before, so that could be a factor.
 

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81


<< I actually just got an email from paypal stating how some "recently submitted [withdrawal funds] was processed a couple of days late due to a
delay with our transfer process". Looked like a typical form letter to me, not personal.

Never had that happen from paypal before, so that could be a factor.
>>



yep, i just got it too. Must be problems internally.