Withdrawal Pending

RSaltmarsh
New Community Member

Why when it takes 2 seconds for you to take money from my card/account does it take 72 hours for you to review a withdrawal?

 

Does paypal "the faster way to get paid" think this is acceptable?

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2 REPLIES 2

snowshoe
Frequent Advisor
Frequent Advisor

Withdraws can take from 2 hours to 4 days.  Depends on the bank. 

 

Don't just blame PayPal, it's like that with everyone.  Sure, you can pay right away with a credit card but, return the item and ask for refund.  With some banks, credti card issuers and businesses, it can take up to 2 weeks to credit applied back to your card.

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Wile7
New Community Member
Hi Snowshoe. I am sorry but that is quite simply untrue. It is simple and almost instant to transfer/withdraw funds between on line banks and other financial institutions nationally and internationally. Even transferring/withdrawing funds between international Paypal accounts is instant (and the fees are taken straight away). It is only the withdrawal to a bank from Paypal that seems to take ages....and for no apparent reason other than to sit on funds and generate some interest (cynical hat on, sorry). I appreciate the need to be prudent with withdrawals but not four days; four hours maybe.
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