Pending Echeck

Patt22erson
New Community Member

I have sent an echeck January 31st friend/family. The funds were posted from my account 2 days ago but is still pending in paypal. I do not know why it is still pending if it has been cleared from my bank account.

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cheers1955
Contributor
Contributor

Hi!

 

Sorry about this confusion. E-check takes 3-6 business days before it gets posted. As the process, it will be coming from your bank and once it got cleared there, it will be cleared thru ACH (Automated Clearing House) where all the checks are being cleared and it's out of PayPal and your bank and that's where the process really takes long . Right after that, that's when PayPal receives it and will send it to the specified person. And for the posting date, it may be posted anytime already but not later that February 10, 2020. For further information please see below links:

 

https://www.paypal.com/us/smarthelp/article/what-is-an-echeck-faq1082

https://www.paypal.com/us/smarthelp/article/i-sent-an-echeck%2C-but-the-payment-is-pending.-why-faq5...

 

Cheers!

Please don't forget to Kudos or Solution if this helps you out.

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2 REPLIES 2

kernowlass
Esteemed Advisor
Esteemed Advisor

@Patt22erson 

 


Takes several 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.
That does not mean that they have arrived with paypal though as they go via ACH in batches.


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Solved

cheers1955
Contributor
Contributor

Hi!

 

Sorry about this confusion. E-check takes 3-6 business days before it gets posted. As the process, it will be coming from your bank and once it got cleared there, it will be cleared thru ACH (Automated Clearing House) where all the checks are being cleared and it's out of PayPal and your bank and that's where the process really takes long . Right after that, that's when PayPal receives it and will send it to the specified person. And for the posting date, it may be posted anytime already but not later that February 10, 2020. For further information please see below links:

 

https://www.paypal.com/us/smarthelp/article/what-is-an-echeck-faq1082

https://www.paypal.com/us/smarthelp/article/i-sent-an-echeck%2C-but-the-payment-is-pending.-why-faq5...

 

Cheers!

Please don't forget to Kudos or Solution if this helps you out.

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