Funds on Hold

wolfgang0526
Contributor
Contributor

My friends in US sent me Christmas money and PayPal put a 21 day hold on it. In 21 days the bloody Christmas will be over. Transferwise is the future.😫

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kernowlass
Esteemed Advisor
Esteemed Advisor

@wolfgang0526 

 

Its down to how the payment was SENT to an account.

1. If sent using money > goods / services option then paypal would see the recipient as a seller and apply the new seller hold. They would also charge a fee.

2. If sent using the send money > family / friends option then the recipient would have the payment instantly (as long as it wasn't an echeque pending with a clearance date) with no fee. (However that option is not available in every country).

Try marking it as shipped/processed and the sender may have the 'confirm receipt' option in their paypal account, if they use it then funds should be released more quickly hopefully.


Advice is voluntary.
Kudos / Solution appreciated.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@wolfgang0526 

 

Its down to how the payment was SENT to an account.

1. If sent using money > goods / services option then paypal would see the recipient as a seller and apply the new seller hold. They would also charge a fee.

2. If sent using the send money > family / friends option then the recipient would have the payment instantly (as long as it wasn't an echeque pending with a clearance date) with no fee. (However that option is not available in every country).

Try marking it as shipped/processed and the sender may have the 'confirm receipt' option in their paypal account, if they use it then funds should be released more quickly hopefully.


Advice is voluntary.
Kudos / Solution appreciated.
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