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eChecks are super slow, the recipient will receive an email once payment has been cleared and received into their account. Just because the funds have left your bank does not mean PayPal had received it because the bank does not notify PayPal that the funds have left the bank. I rarely get eChecks but when I did, I recall it being slow and did not appear on the date displayed (maybe anywhere from 2-3 days after displayed date) so the time it takes is estimated. But I didn't sweat it, if it arrives, I will ship, if not, I put the transaction on ice until it does.
Even if the argument is to collect interest, the funds are going to a PayPal account and PayPal stores PayPal balance funds in a bank account they own anyway so that can't be the reason. Transactions are processed in batches and have to go through multiple bank interchanges and clearing houses.
If you want a bank payment to go faster next time, have both a bank account and a credit card linked at time of payment to send an Instant bank transfer and paypal will front the money ahead to the recipient and then wait for your bank payment to clear.
Kudos & Solved are greatly appreciated. 🙂
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eChecks are super slow, the recipient will receive an email once payment has been cleared and received into their account. Just because the funds have left your bank does not mean PayPal had received it because the bank does not notify PayPal that the funds have left the bank. I rarely get eChecks but when I did, I recall it being slow and did not appear on the date displayed (maybe anywhere from 2-3 days after displayed date) so the time it takes is estimated. But I didn't sweat it, if it arrives, I will ship, if not, I put the transaction on ice until it does.
Even if the argument is to collect interest, the funds are going to a PayPal account and PayPal stores PayPal balance funds in a bank account they own anyway so that can't be the reason. Transactions are processed in batches and have to go through multiple bank interchanges and clearing houses.
If you want a bank payment to go faster next time, have both a bank account and a credit card linked at time of payment to send an Instant bank transfer and paypal will front the money ahead to the recipient and then wait for your bank payment to clear.
Kudos & Solved are greatly appreciated. 🙂
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