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same situation - however mine was knowledge transfer and says I have to wait till may 18th!
I want my account closed! I will find a better way - this holding of funds it totally unacceptable!
PayPal has kept my money on reserves 30000 since Aug 2020 for no reason! My account has been totally active and clean! I’m closing my account
While PayPal wants the service to be as convenient as possible, we also want the online marketplace to be as safe as possible, and we want to be able to manage the risks involved in operating as a worldwide Money Services Business. All these things and more are helped by PayPal's Funds Availability Policy (https://www.paypal.com/in/smarthelp/article/faq1987) and many other policies and procedures.
PayPal appreciates your kind understanding that absolutely no negative connotation is intended by the application of any policy or procedure. Please also check out https://www.paypal.com/in/smarthelp/article/faq3743 for information on how money might be moved to an Available Balance sooner.
I hope this information is helpful. Thanks for your patience during this time.