Bank accounts

Kstromz279
Contributor
Contributor
So I sent money to a friend through my bank account but the account hadn’t been confirmed yet through PayPal. Paypal says the payment went through but my card hasn’t lost any money. Please explain what’s going on.
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kernowlass
Esteemed Advisor
Esteemed Advisor

@Kstromz279 

 

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



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Kudos / Solution appreciated.
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