Money Transfer to Bank on 4th of July?
Alisend
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Posted on
Jul-04-2017
11:27 AM
I recently transferred my money yesterday to my bank account, will the money be here today or be put off until tomorrow?
18 REPLIES 18
JimmyPA
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Jul-04-2017
11:30 AM
I came here with the same question. I initiated a deposit from my paypal into my bank account YESTERDAY, July 3rd around 8AM, and as of 2:30PM July 4th it is still "pending", which is very unusual. Is this because of the holiday weekend?!
DPCreations
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Jul-04-2017
12:11 PM
Alisend
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Jul-04-2017
12:13 PM
DPCreations
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Jul-04-2017
12:15 PM
Just expressing reality: 3-5 business days. What is supposed to be is not relevant; reality is.
Alisend
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Jul-04-2017
12:19 PM
It explicitly states when I make the withdrawal and transfer that it will only take 1 business day. Every-time I have previously done this, it has taken 1 business day.
JimmyPA
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Jul-04-2017
12:21 PM
Yup, me too. It says it takes 1 business day, and that's how long it has always taken. 3-5 was old school. These days it's 1 day. Also, it was always one day for it to move out of "pending" status. It was just that *BANKS* used to take longer to process direct deposits, which is why the 3-5 days. Now banks don't take as long. It was never paypal that extended the length.
DPCreations
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Jul-04-2017
12:25 PM
JimmyPA
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Jul-04-2017
12:28 PM
... the problem, for me at least, is that I initiated the deposit 8AM July 3rd, and under normal circumstances that deposit would appear in my bank the next morning, but it is now nearly 3PM on July 4th and the deposit is still listed as "pending" in my paypal account. Which I already stated.
DPCreations
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Jul-04-2017
12:32 PM

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