Transferred Money to Wrong Bank Account

[KristaH]

I have two bank accounts that I can transfer money to.  I accidentally transferred money to the wrong account - how can I cancel this?

[kernowlass]

@KristaH

If its pending phone customer services and you may be lucky.

If its completed then you are out of luck.

[sharpiemarker]

Once you requested a withdraw from your PayPal account to bank acct, it cannot be cancelled.  It has to complete, then it can be added it back to your PayPal account and then withdrawn to the correct bank.  Or withdraw it from the incorrect bank and deposit in the correct bank physically.

[kernowlass]

@sharpiemarker

It can be cancelled but only in the ''pending'' stage. I know of at least 2 people that phoned customer services who stopped it.

[sharpiemarker]

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@kernowlass wrote:

@sharpiemarker

It can be cancelled but only in the ''pending'' stage. I know of at least 2 people that phoned customer services who stopped it.

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@kernowlass

Stopped it as in stopping the PayPal system from making request for payment from the bank?

Because....https://www.paypal.com/us/selfhelp/article/how-do-i-cancel-a-withdrawal-faq855

[kernowlass]

@sharpiemarker

Yep they say that because withdrawals mostly complete pretty much instantly.

But if its not been processed by paypal yet and is still pending then its possible as long as you contact customer services asap.

I have a friend who I told that she could NOT do it but she went ahead and called customer services anyway and they did it for her and said she was very lucky it had not completed.

[sharpiemarker]

@kernowlass

OK