Payment Holds and closing account

leahnc
Contributor
Contributor

I want to close my  Paypal account, but my money for Ebay sales is scattered into the following Paypal categories

 

  1. An available balance  $16.38
  2. A Pending balance   $235.97
  3. A rolling reserve  $48.38
  4. Payment Holds  $187.59

I want access to all my money when I close the account!!

 

Im furious with Paypal for holding my moneySmiley Mad

If I was an high risk seller, Id understand, but that is not the case!

 

  • I have been an ebay and Paypal member for 5+ years.
  • I have a 100% feeback score & never had a return/chargeback/dispute
  • I am not selling in a high risk category

It upsets me that I have to beg the buyer to leave positive feedback on my account. just so Paypal can release my money to me....  Ive emailed the buyer at least  4 times to request positive feedback, however ot all buyers leave feedback - Happy or Not!  Sorry needed to vent.

 

So what happens to my money when I close my account?  Thanks

 

 

 

Does anyone have any advice or experience with this?

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2 REPLIES 2

sandypurins
Advisor
Advisor

PayPal can hold the funds for up to 180 days.

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ihatethisplace
Contributor
Contributor

Just think of all the interest money they make by holding peoples money. Ahhhh must be nice, kinda like the Us Gov

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