Can I Start A New Transfer?

Rez_24
Contributor
Contributor

Hi, I was wonding if I can start a new transfer from my bank account to paypal?  The reason I ask this is because I start transfer on the 18 of this month and it would be been done transfering by the 21 or 23rd of this month, but according to the email I received the payment failed and I'm not sure if or when attemp be made to try take money from my bank account again so I don't want to be in the negative with paypal,

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Whac-A-Mole
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@Rez_24 wrote:

The status of now states this "Failed- Transfer from Bank" on the 18th of this month, but has not say anthing else since then.


It sounds like Paypal is not going to try anymore.

Is there enough fund in your bank account?

NSF fee is expensive,$45-$55 these days,it used to be $35,so be careful.

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Whac-A-Mole
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NEVER Thought of that,with e check,Paypal will try several times but with bank transfer initiated by you,it may just try once,SOMEONE MAY COME ALONG AND CHIME IN.

 

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Whac-A-Mole
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BEING NeGATIVE WITH Paypal IS Not that bad,pAYPAL will just ask you to pony up some money,there is no NSF fee

but what about NSF fee,does your bank charges NSf/

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Rez_24
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Contributor

Hi and thanks for the response.  As for NSf/ I'm not sure fully what that is, but if my memory serves me right that is some type of overdraft fee?  If that is correct from what I remember I have some sort of insurance that would charge me if I remember between 20 or 38, but I have to make sure I'm right by talking to represenative at the bank.  As for negative and/or auto transfer after the first one fells which I believe that was your original post was about which in general is surprise to me as well considering the transfered failed which the way it failed was kind of odd because I put the money back in my bank account a day before the transfer, but luckily it didn't put my wallet in the negative.

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Whac-A-Mole
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NSF non sufficient fund,

if you have overdraft protection,then your bank eithe transfer fee from your other accounts or advance the $$ to you.

best is to manage your finance prudently,always keep a balance in your bank account to cover unforeseen events.  

with e check,Paypal will try second time after 2 days,and someone claim they will try a third time and give up,my understanding is 2 times,and  a bank could charge you NSF for every attempt.

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Rez_24
Contributor
Contributor

Oh ok so what your saying if I'm understanding this right that I can start another transfer from my bank account to my paypal as long as I have the right amount available?

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DPCreations
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Frequent Advisor

Rather than rely on an email for information it might be better to check the transaction detail on your PayPal summary page.

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Rez_24
Contributor
Contributor

Hi, thanks for the response and as for checking the transaction detail this was already done which it doesn't say either way paypal will try to make another attempt or not to put a specific amount into the wallet.   The other reason why I'm asking this is because some where on their forums through google search I read that if a transaction  failed paypal will make another attempt, and if they make a second or multiple attempts to automatically  take a specific ammount off but fail again it would put the wallet in the negative.  But didn't went into specific how long it will take for paypal to make another attempt.  

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DPCreations
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Frequent Advisor

What are the details of the transaction on PayPal?  Completed, failed, attempted, incomplete, or something else?  

 

If you need funds for a purchase, PayPal will automatically take funds from your backup bank account as needed so there is no need to transfer funds in advance.  Just make sure you have enough funds avaiable as PayPal would make multiple attempts in case of insufficient funds with multiple NSF fees by your bank.

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Rez_24
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Contributor

The status of now states this "Failed- Transfer from Bank" on the 18th of this month, but has not say anthing else since then.

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