Transferring PayPal Funds to Bank Account
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Hi there,
I initiated a transfer of funds from my PayPal account to my bank on the 14th of this month. As of this morning I'm still waiting for the funds to appear in my bank account. The mobile app indicates that the transaction has been 'completed', but the desktop site doesn't show this moniker, my bank also doesn't acknowledge any transfer at all, neither in pending, nor in the statement.
Is this the weekend playing havoc with the transfer? Nothing was indicated when I was making the transfer that seemed as though it would take a more extended period of time.
Could anyone shed any light on this matter? It's no small amount of money and I could do with it in my account ASAP.
Many thanks,
Ben
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Same problem here. Withdrew funds on the 15th, normally would take only a couple of hours to show up in my account, but nothing has arrived today, the 16th. My bank says it has no details of pending payments. This is unusual, and rather worrying.
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Happened to me too. Withdrawn on the 14th, still waiting. PayPal is saying it has been completed.
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Same issue:) seems like they have some problem after updating system, it happened once before and was sorted the next week and later all payments went back to normal > instant.
Hope that is the case again, and all will be fine soon. I cannot wait each time 3 days:) Picked paypal, because of instant payments, if it won't work anymore this way me and many others would have to look for another service.
🙂
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I hope you're right. It's frustrating spending time chasing them up about this. If my money doesn't arrive tomorrow after 72 hours I'm going to be really peeved, and that's putting it politely.
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Update: finally got my money today, slightly less than 72 hours. I'll be withdrawing more money in about two weeks so I hope the instant transfer has been restored by then.
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I emailed Paypal about this issue and this was part of the response I got:
"I do apologize because we are currently having a system issue about withdrawal due to system update, this issue is already raised to our system engineer and fixing the issue as soon as possible."
So - hopefully - it will get fixed soon and things will be back to normal.
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