Is PayPal Intentionally Leeching Interest?

[Hometech]

The title says it all.

I have been waiting 10 days for PayPal to finish "Processing" the reciept of funds from my bank. They constantly try to claim it's the bank's fault,  but little do they know that I work at the bank and verified that the funds were transferred to PayPal instantly.

Yes, that's right. PayPal has had my money for the full 10 days, yet their system tries to convince me that they are still processing the reciepts from my bank? Does PayPal seriously believe that people are morons? How is it that when I transfer funds from my bank to other much smaller companies that they registered receipt of my fundsinstantly?

Something stinks around here, and I will not be using this ridiculous service again.

PAYPAL, LISTEN UP. PEOPLE ARE NOT STUPID.

[matkohlk]

I have same experience. My fund was hold for 20 days. Paypal also charge the hefty transaction fee for the money I received after I sold stuff on eBay. That is, I am double charged on one single transaction- first by eBay, then by Paypal. I will never do business with this company anymore.

[jhjlk]

Paypal took money directly out of my bank account without my authorization.

It took them over a month to return it, minus $10 because of poor exchange rates.

When they refunded the rest of the money they owed me, I discovered I cant convert less than 15 playpal dollars 
and even if I could, they would charge me a service fee, to return the money they stole?