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Even when an order is canceled, the bank payment still has complete and then gets redirected back to your PP balance when it reaches PayPal and then automatically gets transferred back to your bank from your PP balance.
When you pay a company (rather than an ebay seller or individual), then it is often pending until that company processes your order and captures the pending payment.
If they don't process that order and capture the pending payment then the pending status times out at 30 days post-payment.