Negative Balance in my bank account due to money transfer?

Alvea
Contributor
Contributor

Hello, I was wondering if anyone mind helping me out with this. So around aug 31 I paid for a wacom cintiq around $755.35. But on the same day I realized my paypal didn't have the money in the account so I transfered $755.35 to my paypal account. Which left my main bank account with around $337.62. Now today my bank account says that I owe money to them. I checked my paypal account and it says that the $755.35 from aug 31st is still pending. So basically, the reason  owe my bank money is because the wacom was paid with my bank accunt due to my paypal account not having the money there in time? If so, once the pending $755.35 says complete transfer, would it be possible to transfer the money back to my main account and then I wont owe the bank?

 

I"m a bit new to things like this so sorry for the confusion.

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PayPal_Anna
Moderator
Moderator

Hi Alvea,

 

Welcome to the Community Forum!

 

Yes, I can confirm that your reasoning is correct. When you don’t have sufficient funds available in your PayPal balance, the transaction would be funded with your bank account or debit/credit card.

 

I can recommend you to either top up your PayPal account in an advance or fund it directly from your linked funding sources.

Once the Top Up will reach your PayPal account you will be able to withdraw fund to your linked bank account.


Hope it helps!

 

We wish you happy transacting with PayPal Smiley Happy

Anna

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