money was taken out of my bank account but isn't showing up in paypal account

dpaulusarmy
New Community Member

just as the topic states. money was successfully taken out of my bank, but not deposited into my paypal account. why is this?

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1 REPLY 1

profdata
Frequent Contributor
Frequent Contributor

Such transfers are called EFT's (ACH)  and usually take 2- 5 business days to clear at both ends

 

Here is a link showing how an electronic funds transfer (ACH) works

 

 

http://www.bing.com/images/search?q=ach+clearing+house+with+pictures&qpvt=ach+clearing+house+with+pi...#

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