Negative balance

Denizos
Contributor
Contributor

I have an issue.  My paypal balance is negative because I had to pay something but I got the money later on my bank. Now the money has been deducted from my bank but still have a negative balance on paypal. I couldn't find something regarding this can someone help me out? I have to use my paypal like asap. I paid everything and it is still negative... I get like no respons from paypal themselves.

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4 REPLIES 4

kernowlass
Esteemed Advisor
Esteemed Advisor

@Denizos 

 

Transfers from bank accounts are never instant, that is why when you buy something paypal credit the seller upfront for you and paypal take the wait for the funds to transfer to pay them back again, this is so you get your item without delay.

Takes several working days to transfer as Paypal use the slowest (cheapest) transfer option BUT funds normally leave your bank account from a few hours up to a few days later.

HOWEVER if you have a negative balance or add funds to your paypal balance yourself then this time they do NOT credit you in advance and its your turn to take the wait for the funds to slowly transfer to your paypal balance via ACH in batches.

 


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Denizos
Contributor
Contributor

@kernowlass So meanwhile the money has been deducted from my bank account I just simply have to wait for PayPal to see that it has been taken from my bank. That's what I understood is that correct?

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Denizos 

 

You have to wait for it to transfer to paypal as it goes via ACH in batches and takes several days (cheapest method and thats why paypal use it).


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Denizos
Contributor
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@kernowlass 

 

But the problem is I had 5 payments in like 2 days and 4 of them were later then this payment. Those 4 payments are deducted aswell but I didn't add up to my negative balance? I have been waiting like 4 days now. Anyways thanks for all the help!

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