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Transfer from bank to paypal pending - 3days now

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New Community Member

Transfer from bank to paypal pending - 3days now

Hello,

I have transferred money from my bank to paypal - not large amount, less than £100 - and this has been collected from my account on 7th of August, while still showing PENDING on the paypal.

What is the reason and how to 'release' the money?

 

 

1 ACCEPTED SOLUTION

Accepted Solutions
Volunteer Advisor

Re: Transfer from bank to paypal pending - 3days now

@Canpuz

 

Transfers from bank accounts are never instant, that is why when you buy something paypal credit the seller 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.

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.


Advice is voluntarily given.
Kudos / Solution appreciated if I helped you.
2 REPLIES
Volunteer Advisor

Re: Transfer from bank to paypal pending - 3days now

@Canpuz

 

Transfers from bank accounts are never instant, that is why when you buy something paypal credit the seller 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.

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.


Advice is voluntarily given.
Kudos / Solution appreciated if I helped you.
New Community Member

Re: Transfer from bank to paypal pending - 3days now

Perfect, this makes sense, thank you.