Taking money out of my bank account?
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I cancelled the payment 2 hours after I made it and the money was still taken out of my bank account 2 days later?
am I going to get it back? it put me into the (-) in my bank account I would rather they not do that
Am I going to have to pay a insufficeint fund fee for yous taking money out of my bank account after I cancelled the payment?
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Hi Lelele
When u make a payment even if u cancel it within 2 hours it cant reverse it has to go through the payment process before it can be returned back to u.
Could take up to a week
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When you initiate a payment by funding through a bank account, Paypal credits the seller on behalf of the buyer. Paypal will try to collect those funds, up to two times if the first is declined or failed for whatever reasons. When a payment is canceled by either the seller or buyer, Paypal still has to collect those funds. In order for the full payment to be reversed properly it can take 5 - 7 business days on average.
You are responsible for all authorized transactions. You cannot stop Paypal from processing the payment because it is an automatic algorithm.
Something with less than three legs, but more than two.
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Don't buy these excuses. With today's technology cancelling the transaction that soon after, the money should have never been removed from your bank account.
I had the exact same issue (still do as PayPal thus far has refused to respond) and this in my opinion is a total scam. Why it takes approximately three weeks to get the money back into your bank acount is absolutely asinine.
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