New User: Bank Transfer Reversal

Sigurdsun
New Community Member

As I cannot initiate a reversal of a bank transfer into my paypal account, must I wait five days for the money to be available in paypal, and then wait another three days to send the money back to the bank?  Is there a fee for transferring money out of paypal and back to the bank?  As I stated, I am a new user.  Thanks!  Sigurdsun

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2 REPLIES 2

PayPal_Adrian
PayPal Employee
PayPal Employee

Welcome to the boards!

 

Correct, you would have to wait for the funds to first arrive before sending them back again (which is free).  US bank transfers in either direction take about three to four business days to complete.

 

Thanks!

 

Adrian

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digtheradness
Member
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