How long does the funds stay on hold?
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Good day, I received a transfer from my brother using paypal from Germany, but why are the funds in hold status since May 28, how long will they be like this? is it possible to somehow influence that I could use the funds?
- Labels:
-
Payment hold and review
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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 if funded from a bank account or balance (a fee if you use a card). (However that option is not available in every country). Sadly its not available in yours.
You can try marking the transaction as processed and the sender may have the option to confirm receipt which may release the funds more quickly, if not its 21 days.
Advice is voluntary.
Kudos / Solution appreciated.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.