When is Money released

Darrenp
New Community Member
The buyer collected from my home and was happy a week ago PayPal still will not release my funds , I've complied with everything they have asked , proof of address ,photo ID , bank and credit card details but still no funds ???
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2 REPLIES 2

kernowlass
Esteemed Advisor
Esteemed Advisor

Confused as to why you would accept paypal for a collection item??

 

If it was an ebay auction its the only time they will allow you to put cash on collection only on your auction.

 

Then you would have instant cash in hand and no paypal fees !!

 

Again if it was the new seller hold for ebay (let me know if its a private paypal transaction), then as you can't provide a tracking number you may have to wait the full 21 days.

 

Info in the link but make sure you scroll right to the bottom of the page or you will miss the release criteria times.


http://sellerupdate.ebay.co.uk/autumn2013/changes-payment-holds,

OR

https://www.paypal.com/uk/webapps/helpcenter/helphub/article/?solutionId=FAQ1646&topicID=RECEIVING_M...


Advice is voluntary.
Kudos / Solution appreciated.
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Darrenp
New Community Member
Yes sold it on eBay buyer wanted to use eBay (new seller) £2500 , no tracking because he collected PayPal have taken fee , so they just hold your money for 21 day (interest) seems very doggy indeed didn't expect from big name £85 fee £295 eBay fee , you live and learn .... Regards Darren.
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