A Nightmare | Withdrawing from Paypal to UAE based Bank Accounts
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As the title suggests. I have been trying to withdraw from Paypal to my UAE-based HSBC account since 22 Jan. Yes you heard it correct. After 20 days of the transactions, the funds refunded back to my account with a message saying the bank details are incorrect..
Make sense. Humans do mistakes, so I suck it up & added my other Emirates NBD bank account which is also a leading banking institution in UAE. This time I took a screenshot before submitting the bank details so later I can verify later.
I submitted the withdrawal on 11 Feb & according to Paypal it should hit my bank account by 15 Feb & guess what, Today is 18 and the money is still not there..
I go back to my screenshot, checked bank details multiple times. It is 100% correct.
Now I am wondering if this transaction is also on the course of being refunding back?! if that is the case I will suffer for another 15 days. Paypal support is unhelpful & they are not even willing to admit the possibility that if two transfers are unsuccessful to two different bank accounts, then the problem might be on their side?!
Anyhow, I am the one suffering. Ironically, the debit card withdrawal option which comes with 20 AED fee is still working for me like a charm. Should i assume that Paypal is deliberately delaying bank account withdrawals so the customers use the one where they are making money?!
I will wait for this transfer. Afterward, I will involve the concerned UAE authorities in this matter.
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Any update with your withdrawal? because its my 3rd day after requesting the withdrawal of my funds and there's still no money in my account.
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2nd Transfer was initiated on 11 Feb so 10 days today and no sign of money in my Emirates NBD account. I am prepared to receive a refund again this time with a lame excuse by Paypal (incorrect bank details)
That is two failed transfers in a row made to two different bank accounts in UAE (Emirates NBD & HSBC).
There is no chance that bank details are incorrect 2nd time!
It's been a month since I am struggling to get my OWN MONEY BACK. After these transactions, I will withdraw everything to my debit card & ironically this option is working fine where Paypal is charging 20 AED fees which are creating doubts about the Bank transfer option.
I am thinking of raising that matter with relevant authorities in UAE.
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I hope you receive your money back soon as i have on my 7th day after making withdrawal from paypal.
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Unfortunately no.
Two failed transfers to 2 different banks in a row. Paypal will open a trace today.

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