Echeck cancelled

LoganAbbott84
Contributor
Contributor

I was sent an echeck on accident. I cancelled it within 20 minutes of it being sent, how long will it take for he money to be back in the senders account?

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kernowlass
Esteemed Advisor
Esteemed Advisor

@LoganAbbott84

 

When an already processing payment from a bank account is cancelled those funds can't do a u-turn > they have to process through to paypal who will then credit the paypal balance of the sender but that takes a few days and sometimes up to a week, dependent on how soon after the payment was initially sent it was cancelled.


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2 REPLIES 2

nevadasmith
Advisor
Advisor

why don't you ask the sender if he has it.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@LoganAbbott84

 

When an already processing payment from a bank account is cancelled those funds can't do a u-turn > they have to process through to paypal who will then credit the paypal balance of the sender but that takes a few days and sometimes up to a week, dependent on how soon after the payment was initially sent it was cancelled.


Advice is voluntary.
Kudos / Solution appreciated.
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