How long can I hold a paypal check

RubySungs
Contributor
Contributor

Hello everyone, this is just a basic question that I am curious about.

I've heard from my friends that when Paypal delivers a check, they give up to a week before cancelling the check and sending the money back into their paypal account.

 

Is this true?

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2 REPLIES 2

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@RubySungs wrote:

Hello everyone, this is just a basic question that I am curious about.

I've heard from my friends that when Paypal delivers a check, they give up to a week before cancelling the check and sending the money back into their paypal account.

 

Is this true?


PayPal tells you to wait 1 to 2 weeks for a check to arrive in the mail so it don't make sense that they cancel the check after or up to a week.


Kudos & Solved are greatly appreciated. 🙂
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RubySungs
Contributor
Contributor

True, but I mean when they deliver; (Aka 1-2 weeks when it is in your mailbox).

Paypal says that your balance will be held for a week, if the check isnt redeemed, then they send it back.

 

Maybe it's a faulty error on my groups part.

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