Recent withdrawal queries

PayPal_david
Moderator
Moderator

Hi everyone,

 

I'd like to apologise about the delay in giving an update on this. We have been investigating your queries and responses.

 

Nowadays, we aim to withdraw money to your bank within 2 hours of you initiating it from your PayPal account. This is much faster than before.

 

However, our system delays a small amount of withdrawals for security reasons. These will usually take 21 hours to complete, a very small amount can take 72 hours. These will show as being “under review” in your PayPal account.

 

You can find the small print in our UA in section 6.2.b.3.

 

P.S. While I hope this sheds some light on the situation, I understand your frustration and confusion. I’ll make sure to forward your feedback, too.  

 

Thanks,

 

David.

Login to Me Too
253 REPLIES 253

genextac
New Community Member

Hello,

Some time when i transfer small amount into my bank it take less then 2 hours and some time when i transfer big amount it delay for 24 hours and today it showing that it will take upto 2-3 days to transfer fund into my bank account. Can you clearify this.

 

Thank You 

Login to Me Too

horsewilly20
New Community Member

hi i sent some money to my mums bank on satuarday and it still says pending today on tuseday can i get any help with finding out when it will be in the account for her to collect ?

 

Login to Me Too

DevonMarc
New Community Member

I am a small business owner.

I use Paypal to provide a means for people to pay me.

 

Yesterday morning I transfered £62 to my account.

 

That is showing as Pending still.

 

Why? 

 

I use the buisness side of Paypal so I pay higher fee's yet you refuse me instant access to my money.

 

This is not good enough Paypal.

 

You are with holding my lawfully earned money.

 

Please take this as notice, that if it does not clear into my account by close of business today, I shall invoice you for my time in dealing with your incompetance.

 

I currently charge £57 for the first hour, then I charge quarterly.

 

 

If Paypal ignore the invoice, I will take legal action in the county court to collect the money.

 

You have been warned.

Login to Me Too

PayPal_paula
Moderator
Moderator

Hi DevonMarc, 

 

As this is a community forum we can not see your PayPal account. We can only provide general information. I would recommend if you wish to provide feedback or have account specific issues that need addressing that you contact us directly via the contact us link. 

 

Also, I understand from your post that you have a business account. Please be advised that fees are charged at a percentage of the amount you receive and this is the same for all accounts. 

 

Thanks for posting 

Paula 

Login to Me Too

sweety22
Contributor
Contributor

I am new to this site and from what i have read about paypal it is suppose to be one of the fastest accounts to transfer money and receive money. Unfortunatley from my experience this is not the case,infact i have only been using this site since yesterday and already i am being told to wait for 21 hours for my transfer to my bank account to be processed. Apparentley this is for security reasons, for what ever reason paypal want to give us it is not good enough, because of my withdrawal still pending after all day of waiting i have had to cancel many things which also involved taking my child to his first ever football match. I am very unhappy with this service and will be cancelling my account as soon as i receive my money. I will not be recomending nobody to a site that promises fast payments when the truth is its the total opposite and my money is stuck in paypal account untill they decide to release it and send it to my bank account. Sorry not good enough, my money should be given to me when i want how i want.

Login to Me Too

TrickyRic
New Community Member

Just want to say that once again paypal are diabolical. added new bank account and was told it will go through by faster payment. it did great the next three payment now have been held for 72, and 24 hours so much for this thing being random i was told it does it to every transaction made (BS) I now cannot work, eat, or have any electricity because paypal are still hold my money and making interest off it. PAYPAL IF I DON'T GET MY MONEY I WILL BE GOING TO THE PRESS!!! STOP LYING TO ME AND GIVE ME MY MONEY!!!

Login to Me Too

Lindamac09
New Community Member
I've withdrawn cash recently and it's appeared almost immediately in my bank account. I withdrew today and got he message that it will take 2-3 Days - can you tell me why? Thanks Linda
Login to Me Too

lilcaz
New Community Member
What a joke paypal are!!!! Any chance this side of Christmas you could release my funds???!!! Yes, that's the MONEY that BELONGS to me. Payment status pending is becoming a joke every time I log in. Never heard anything like it in my life, holding payments ... More like "let's squeeze some more money out of people". Greedy idiotic business men/women. Your company is pathetic!!! Forum moderator spouts the same old BS story and doesn't do a fat lot for the many complaining on here. It's a big fat joke!! 2 hours my a**e!! Aaa thank you! PS : My funds? Release them?
Login to Me Too

staceyshenton
New Community Member

been trying to withdraw funds for weeks, done the pin thing on bank statement and everything, i click ''withdraw money'' transfer to bank then tells me to ''add bank account'' which i aalready have but figure ill enter it all again seen as its asking then tells me that theres already an account registered!! so infuriating absolute joke.

Login to Me Too

ritchiep1
Contributor
Contributor

maybe in this light of things you can find my missing £200, because your customer service is disgusting,

Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.