Cancelled payments still taken from my bank account?

[Kevin1888]

Hi guys,

I was paying through my bank account and the addy given was given wrong twice so now I have had £300 taken out my account that’s should have only been £100 from reading other posts I see that you do get it back because it was cancelled but could anybody tell me what the time period is on getting this into my bank.

thanks

kev

[kernowlass]

@Kevin1888 

Gosh you were lucky, if that mis-spelled email address was valid to another person you 'may' have lost your money !!

Luckily you could cancel, so when you cancel a payment those funds can't do a u-turn > they have to process through to paypal who will as the transaction was cancelled return them to your funding source (if you paid from your bank account or with a card), or credit your paypal balance (if it was funded from that balance), but that takes a few days and sometimes up to a week.

[Kevin1888]

Yip very lucky just never had much luck with PayPal yet everyone raves about it 🤷🏻‍♂️

[kernowlass]

@Kevin1888 

It has its uses but you need to be careful with it.