Payment Pending

[Rekusu]

What ho one and all,

Although I am not new to eBay, I am new to  the PayPal, Payment Pending.

I have sold an item and am about to post it via the eBay GSP method because the buyer is overseas.  My PayPal account shows the amount as Pending.  I don't understand what this means?  When will it not be Pending?  When will I be able to transfer it to my bank account?

I understand it is a protection for both buyer and seller, but I will be dispatching before I actually have the funds in my bank account.

Thanks

[kernowlass]

@Rekusu

Ebay and Paypal are 2 separate companies and have 2 separate policies for holding funds for new sellers.
If yours was an Ebay transaction then its an Ebay hold and Ebay authorise when paypal can release the funds.
This is the new seller hold that every single seller on Ebay has or will go through.

Normally for the Ebay hold funds are released when tracking shows the item as delivered + 3 days if you use Ebay / paypal postage.

Info in this Ebay link below about Ebays hold.
http://pages.ebay.com/seller-center/payments-and-fees/funds-availability.html