£5 Faster withdrawal fee Refunds

[pedrog]

I wonder if anyone can confirm the rumours on here and on e-bay.

Word on the grapevine is that the £5 faster withdrawal fees that users have spent are due to be refunded.

Some forums mention that this will be backdated to January and others that they will be backdated indefinately.

I am not convinced that paypal are likely to refund anything but it would be nice to know for definite.

If it is true, and these payments are going to be refunded, it might also be useful if someone from paypal could confirm when this will take place and whether customers would have to apply for it

Thanks for any info or advice

[pedrog]

That's wonderful news. I have been told that we will receive ours soon but they cannot give us a date for it.

Let's hope it's not too long.

[leejinxuk]

I am owed £385 for faster payment fees... recevied £190 yesterday from Paypal which was nice! WHERE IS THE REST!!

[HT5353]

Had my Refund this morning, just over £800 so Very Pleased, but took me a bit by supprise as I havent had a comunication from PayPal yet regarding the refund.

[pedrog]

I believe that the £5 refunds are backdated to January this year. It might be a good idea if you ran a report. Downloaded the PDF and then searched for "faster withdrawal" or something like that (check the download as to the exact decription used) It should then search for the words and you will get an idea how much you are likely to get refunded

You will need to ensure that you only download the information from January onwards.

I have to say that despite all of the criticism that paypal get on their forum boards this is great news and a lovely bonus for Christmas

So well done Paypal and thanks!

[His_Noodleness]

I seem to be having an issue trying to run a transaction report to check what I shoudl get refunded.

Can you please specify what report to run, and will the refund only go back to January?

[Crugga]

Just logged into Paypal and have £800 credited to my account.

Nearly had a heart attack then went into panic mode, thinking it was a scam or an error but seems its all mine and rightly so it appears.

Should add that I had not asked them for it so it was automatic.

Christmas is on Paypal anyway this year 🙂 🙂 🙂

Pages and pages of:

PayPal has just sent you £5.00 GBP with PayPal

[flurbs]

I received my refunds over the weekend, at first didn't know what it was but had guessed they were having to comply with some legislation. No complaints, however...

I had another PayPal account which I closed two months ago (the business name changed and it turned out to be far more hassle to try and change the details of the original account than it was to just iopen a new one with the right details). Does anyone know if I can claim refunds on the fees from that closed account?

Ta!

[bensbug]

does any know why it only goes back to jan 2012? and not back to the first fee you were charged?

[thebigboss]

hi dont quote me but its to do with the regulations that from the 1st jan we had to be able to withdraw our money quick and free like you can in anyother financial area... but it was only effective from 1st jan Ive had 400 this morn happy days

[WotaLot]

Hi there!

I have had 6 X £5.00 withdrawal fees added back to my account on the 20th and this went back to May 2012 - hope this helps