@snowshoe wrote:
Assuming you have successfully linked and confirmed your bank account, yes, you should receive the money. There's no exact reason as each bank is different. PayPal handles transfer withdraw requests in batch's, same as the banks do, which can sometimes add to the the delay, then as each bank is different as to how they respond to the request, that can add additional time. Each bank has their own processing schedule so the process is not entirely controlled by PayPal. For example, we average 2 days, once in a while 3 days. PayPal states the time can vary from 2 hours to 4 days on average, sometimes it takes longer than 4 days. Personally, we never seen nor hear of the processing taking 2 hours but, who knows.
How is this? I have been researching this very subject this evening and read reems and reems of comments from people saying they get there money within minutes of withdrewing now! unless it gets pulled for security checks, which from what iv read normally is only 24 hours!
I have just asked why I seem to have a different paypal to everyone else as I dont get a message telling me whether its going to be 2 hours or 72 hours! I have requested 2 withdrewals one on the 25th and 1 tonight and I just received the normal confirmation email!
Iv been reading that sinse the change if your money does not hit your account instantly and has been pulled for a check you get an email saying so, well iv had no such email nor do I seem to have this new system. Everything seems the same as it did 2 years ago when I used to have paypal ( I cancelled my account 2 years ago and only recently come back)
So how is it that some people seem to be able to get there money instantly and others dont and to add insult to injury because of this update paypal have removed the option to pay £5 so us unlucky ones have no way to avoid this unjustifed long wait! The way banking is done now there is no excuse to hold my money for 3 days! unless its been pulled to be put in the interest pulling pot! As when paypal tell me "We are holding YOUR money to ensure its safe!" Um excuse me, You have already done the nessesry security checks to confirm the account is mine so why do you need to hold my money? I also have never heard of any of theses held funds not being released! Also I have no idea why they hold it? As again the account has already been verified by paypal themselves!
Sorry this is why I left the first time as paypal seem to be a law on to there own! They held £5000 of mine for 3 months even after me sending in proof that the money was legitimate! No appology nor did I get any interest I lost! Its plain wrong!
@snowshoe wrote:
Assuming you have successfully linked and confirmed your bank account, yes, you should receive the money. There's no exact reason as each bank is different. PayPal handles transfer withdraw requests in batch's, same as the banks do, which can sometimes add to the the delay, then as each bank is different as to how they respond to the request, that can add additional time. Each bank has their own processing schedule so the process is not entirely controlled by PayPal. For example, we average 2 days, once in a while 3 days. PayPal states the time can vary from 2 hours to 4 days on average, sometimes it takes longer than 4 days. Personally, we never seen nor hear of the processing taking 2 hours but, who knows.
