What does Funds Availability Date: Jan 20, 21 mean?

Scourge
Contributor
Contributor

This message appeared after transferring money to a friend and we both don't know what it means, it transferred soon after but we are still unsure. Can anyone help out?

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Scourge 

 

You must have sent it using the goods/services option instead of the family/friends option?

So paypal saw them as sellers and applied the new seller hold as per link.

https://www.paypal.com/uk/smarthelp/article/why-is-my-payment-on-hold-or-unavailable-faq1987


If you mark the transaction as processed then the sender may have the option on their account in about 48 hours to mark the transaction as delivery/satisfied. If the sender confirms this by clicking on the "Confirm Receipt" button, the funds may be released to you sooner. This is not always guaranteed. 
If not then sadly its 21 days.


Advice is voluntary.
Kudos / Solution appreciated.
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