Funds in pending status
Pearlph
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Posted on
May-05-2020
09:33 AM
Yesterday I put money into my account. I transfered it from my bank account. Why is it still in processing and how do i get it credited to my account. I will be using paypal to except and receive funds sooo abd need to send the. Out right away?
2 REPLIES 2
kernowlass
Esteemed Advisor
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May-06-2020
03:28 AM
You never need funds in your Paypal account balance as a buyer. When you purchase an item then Paypal credit the seller for you, this is so there is no delay in the despatch of your item. Paypal will then take the wait for the funds to transfer to reimburse them. This is because paypal use the slowest (cheapest) bank transfer option.
However if you don't have a back up card linked 'as well' to your bank account OR you are adding funds to your paypal balance yourself then this time its you that takes the wait as it goes as an echeque and can take about a week to clear through to your paypal balance (or to any seller you are paying).
Advice is voluntary.
Kudos / Solution appreciated.
Pearlph
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May-10-2020
11:20 AM
They sent you the wrong email. I have a payment that is on hold. Is there a way to remove the hold?
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