Cancelled transaction - How long does it take for the money to be returned to my bank account?

temp201906203k
Contributor
Contributor

Hi, 

I almost got scammed into paying for a gfx card. I managed to cancel my transaction within a few minutes of the purchase and paypal confirmed the cancellation and refund. However, my paypal balance shows as 0, and it notes that the money was returned to my bank a/c. However, my bank account does not show the returned amount. Is this normal? How long should it typically take? I cancelled the payment and got the refund less than an hour ago. TIA

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2 REPLIES 2

Anonymous_User
Not applicable

Times can vary greatly - can be a day or several depending on your banks posting schedules.

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temp201906203k
Contributor
Contributor

Thanks for the quick response. So basically, this falls within the regular scheme of things, right? Based on what you say, it's a matter of my bank updating some electronic transactions?

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