Almost 2 Weeks wait on bank transfer??! Can someone explain WHY

AdunbiAllen
Member
Member
I tried sending my PayPal balance to my bank account on the May 28th of about $150, the money was first on hold and then was cleared and had a standard waiting time of 1-3 days, after the 3 days it said my transfer was under review and had to wait another 12 hours. After the review was completed they sent me another waiting period of 3-5 days which would end on June 8th. Yesterday was the 8th and when I checked my account it said to expect the transfer by the 10th. I'm confused as to why I've waited so long, almost 2 weeks to transfer $150 to a bank account? . My PayPal account is relatively new and this is my first transfer but I didn't expect the experience to be so bad. The money is being transferred to a Canadian bank so I'm not sure if it usually takes longer. I'm to expect the money tomorrow so I hope the time period does not change but does anyone know why it takes so long?
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2 REPLIES 2

insas
Frequent Contributor
Frequent Contributor
Asking to why? won’t really speed up the process but if you look at the calendar it technically is 13 days with 2 weekend days, so it actually will take 9 working days. With money on hold and security checks it is not that long to be honest.
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kernowlass
Esteemed Advisor
Esteemed Advisor

@AdunbiAllen 

 

You have a Jamaican paypal account so its very unlikely you can add / confirm / withdraw to a Canadian bank account.


You can't add a local bank account in your country.
You can only withdraw via requesting a check UNLESS things have changed recently.
The only exception is you can add and withdraw to a U.S bank account. This is because Paypal is a U.S company and you can add their bank account to most other countries paypal accounts.


Advice is voluntary.
Kudos / Solution appreciated.
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