echeck taking long to clear into sellers account
danny204
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Posted on
Jan-13-2021
05:54 PM
i purchased from a seller on eBay on the 30th of December and it is now the 14th of January and the money was only just taken out of my bank on the 11th and i am still waiting for it to clear and go through to my seller. i don’t understand why it has taken this long i’m now on business day 11 and echecks should clear within 5-7 days this is absolutely pathetic and i will not be using a echeck again. i also purchased not knowing paypal would use a echeck to pay.
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kernowlass
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Jan-21-2021
03:28 AM
REASONS FOR AN ECHEQUE.
1. Your back up card needs updating.
2. You have had a recent negative balance.
3. You have had a recent failed bank transfer.
4. For some high cost riskier payments / transactions.
5. Friends / family payments....funded from a bank account.
6. Adding funds to your paypal account balance, which go via echeque often.
Advice is voluntary.
Kudos / Solution appreciated.
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