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I setup the process to withdraw funds from my bank to paypal and although paypal says its processing, my bank shows no contact from paypal, is this unusual? I started this process on 4/21/10 and as of yet nothing shows that my bank has even been contacted. I have used this bank info with paypal before and the notice of withdrawal attempt processing showed on both ends almost immediately..
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Did you successfully complete the bank account verification process?
Bank accounts are sent two random deposits to establish that there's a good path between PayPal and your bank for future transactions, as well as to demonstrate that the account holder has access to the records for the bank account on file with PayPal. It can take up to 3 days to complete the verification process. Once you enter your bank account details, PayPal will make 2 small deposits (less than $1.00) into your account. After you confirm the deposit amounts, PayPal will link your account.
Regards,
skier
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Did you successfully complete the bank account verification process?
Bank accounts are sent two random deposits to establish that there's a good path between PayPal and your bank for future transactions, as well as to demonstrate that the account holder has access to the records for the bank account on file with PayPal. It can take up to 3 days to complete the verification process. Once you enter your bank account details, PayPal will make 2 small deposits (less than $1.00) into your account. After you confirm the deposit amounts, PayPal will link your account.
Regards,
skier
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