Cancelled echeck refund question

ppmao
Contributor
Contributor
I sent money through gift to a friend so he could buy something, but then realized that I sent money from my checking account as an echeck, which takes time to clear (he needed the money asap) so I cancelled it. However, 25 dollars was still taken from my bank account. How do I get my money back? If I keep waiting, will the money be refunded to my PayPal balance?
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1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@ppmao

 

When you cancel a payment those funds can't do a u-turn > they have to process through to paypal who will then either return them to your funding source (if you paid with a debit or credit card), or credit your paypal balance (if it was funded from your balance or instant bank transfer), but that takes a few days and sometimes up to a week.


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