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I withdrew funds from my Paypal account to my bank account and while it says the transaction completed on August 18th, the funds have yet to show up in my bank account which is normally pretty quick to update. Help!
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Ah, ok. I was scared something had gone wrong along the way. I guess I'll just give it a few more days then.
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The status marked 'Complete' in your PayPal account means that PayPal has sent the money but it still needs to be accepted by the bank. Personally this is a frustrating feature for me and I'm going on a full week now where I still have not received my funds. Normally it takes 2-3 days, so I am having this issue, too, but did read that PayPal marking the status 'Complete' does not mean the full transaction is complete.
My issue is that the bank is showing no incoming transactions to approve, either. Very worrysome.
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Hi everyone, and welcome to the forums!
Worry not, theorydesign has it right. The "completed" status means that PayPal has sent the funds to your bank. The bank still has yet to receive them. The bank will not notify PayPal that the funds have been received, but if funds are missing for more than 7 business days (excluding weekends and holidays), we can always initiate a trace. This eventuality is very rare, however. Usually the funds arrive within 3-5 business days for U.S. accounts. For other countries, the timeframes vary, anywhere from 2-7 business days.
There's some information in this post about using your bank with PayPal, and what you can expect. I hope this helps!
Olivia
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