NEGATIVE BALANCE NOT RESTORED

[paul243]

Hi,

I had a negative balance of -£80 (long story behind that)

Today paypal took the £80 from my bank account and this has cleared.

However when I have logged onto paypal my balance is still -£80

Could anyone explain why this might be? Does it take time to register with paypal? 

Thanks in advance to anyone who can advise.

[kernowlass]

@paul243 

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.

However if you are adding funds to your balance or paypal has taken it to clear a negative balance then its you that has to take the wait.

Takes 5-7 working days to transfer as Paypal use the slowest (cheapest) transfer option BUT funds normally leave your bank account from a few hours up to a few days later.