Refund query: Funds Paypal Balance

CJV28
Contributor
Contributor

I issued a refund for £240 yesterday. My PayPal balance was £92.

The refund has still been sent but it is 'pending'. I added the difference in balance to my PayPal account in the hope it would clear the funds straight away.

 

It hasn't. Is it a case of just waiting and it will take the funds from my PayPal balance or, because I didn't have enough at the time of issuing the Refund is it being processed through my Bank and fee will go out my bank? 

 

Thank you! 

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kernowlass
Esteemed Advisor
Esteemed Advisor

@CJV28

 

Refunds are taken either from your paypal balance OR bank account.

If you didn't have enough in your paypal balance to refund the FULL amount then it will take the whole amount from your bank account.

You will and the buyer will have to wait its transfer before she is credited. (5-7 working days).


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kernowlass
Esteemed Advisor
Esteemed Advisor

@CJV28

 

Refunds are taken either from your paypal balance OR bank account.

If you didn't have enough in your paypal balance to refund the FULL amount then it will take the whole amount from your bank account.

You will and the buyer will have to wait its transfer before she is credited. (5-7 working days).


Advice is voluntary.
Kudos / Solution appreciated.
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CJV28
Contributor
Contributor

@kernowlass

 

Thanks, so there's no need for me to have my PayPal Balance at the amount for the refund? I should just make sure its available in my bank?

 

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kernowlass
Esteemed Advisor
Esteemed Advisor

@CJV28

 

When you click to refund, paypal will take it from your balance if there are enough funds, otherwise they will take it from your linked bank account.


Advice is voluntary.
Kudos / Solution appreciated.
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