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Denied - transfer to bank

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Contributor

Denied - transfer to bank

I tried transferring some of of my PayPay balance to my bank account, and I get the error message "Denied - transfer to bank."  The bank account is verified.  What can I do to fix this?

27 REPLIES 27
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Advisor

Re: Denied - transfer to bank

is the fund free to transfer?

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Contributor

Re: Denied - transfer to bank

yes

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Esteemed Advisor

Re: Denied - transfer to bank

@samihlt

@DavidRintoul

 

Sounds as if the name on the bank account and the name on the paypal account did not match?


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Advisor

Re: Denied - transfer to bank


@kernowlass wrote:

@samihlt

@DavidRintoul

 

Sounds as if the name on the bank account and the name on the paypal account did not match?


he said the bank account has been verified.

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Esteemed Advisor

Re: Denied - transfer to bank

@nevadasmith

 

They can verify it.

The name check is done by the bank when they try and withdraw the funds.

 

Each time you make a transfer request, PayPal automatically includes your registered name with your bank information.

If the name on your bank account is different in any way, you may need to contact your bank to verify their requirements to successfully complete electronic funds transfers.

https://www.paypal.com/gf/smarthelp/article/what-if-the-name-on-my-paypal-account-and-bank-account-a...

 

Thats why some bank transfers are DENIED even though the bank account is verified.

All verification does is make sure that you own the account.

 

 

 


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Contributor

Re: Denied - transfer to bank

Nothing in my bank account or paypal account information changed. until last month i used the same information to send money from paypal to bank (TD bank). now for a couple of weeks i get denied

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Esteemed Advisor

Re: Denied - transfer to bank

@samihlt

 

Have you had a failed bank transfer recently?

Have you had a negative balance recently?

What country are you in?


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Contributor

Re: Denied - transfer to bank

Did you figure out what happen or what to do? I have the same issue and can't find any answers. PLease let me know if you made any progress.

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New Community Member

Re: Denied - transfer to bank

no it has a fee