Unusually long delay in receipt of e-checks

vintageguy716
Contributor
Contributor

A transaction was made on 7/21 by e-check. I find it highly irregular and unsatisfactory that it takes PayPal 5 business days to get the money to me.  They have the use of these funds and interest and I do not have access to them.

 

PayPal needs to work HARDER to improve its e-check processing so that funds are in the clients account with 24 hours.

 

Ron

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2 REPLIES 2

KCuser
Contributor
Contributor

Paypal has become an interent bank, they are drawing interest on your money.  I called this morning, I am calling legal counsel Monday.

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surplusdealdude
Advisor
Advisor

 


@vintageguy716 wrote:

A transaction was made on 7/21 by e-check. I find it highly irregular and unsatisfactory that it takes PayPal 5 business days to get the money to me.  They have the use of these funds and interest and I do not have access to them.

 

PayPal needs to work HARDER to improve its e-check processing so that funds are in the clients account with 24 hours.

 

Ron


 

Nonsense - you don't even know what an echeck is or how it's processed.

 

It's no different than if you wrote a paper check.

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