PP Negative Balance Won’t Go Away

[Salty1176]

I recently made 2 purchases with PayPal, I didn’t have enough money on my bank so it went into negative balance. Understandably so. Then when I had sufficient money in my bank account it debited the amount from my bank account on the 12th of June. But now on the 15th of June it still shows my PP balance as negative, although the amount has been taken from my bank account. Does someone know why?

[kernowlass · Accepted solution]

@Salty1176 

Transfers from bank accounts are never instant, that is why when you buy something paypal credit the seller upfront for you and paypal take the wait for the funds to transfer to pay them back again, this is so you get your item without delay.

Takes 5-7 working days to transfer as Paypal use the slowest (cheapest) echeque (electronic transfer) option which has to go via ACH in batches BUT funds normally leave your bank account from a few hours up to a few days later.

However if you are adding funds to a balance or paypal are taking them to resolve that balance then this time its you that takes the wait for the echeque to clear.