Instant transfer, not enough funds?
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
A payment I had sent was denied, therefore I assumed the funds to be returned back to my account. I then sent a payment to another party, thinking that I had enough funds (Using instant bank transfer). However I then discovered that the Denied Payment that I had sent and which was returned to me, is actually on Hold. What does that mean? And what happens to the payment I sent to the second party? Will my bank bounce the payment back? Also, the back up payment source is unusable (It is a cancelled credit card I was meaning to remove)
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
It takes time for a cancelled payment to make its way back to you, sometimes up to a week.
If you don't have sufficient funds in your bank account, itll bounce the second payment unless you have overdraft.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Would it matter if i added another $50 or so to make up for the not enough funds into my bank account? Or would it still bounce back? Thanks though.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- instant transfer from bank account denied in Receiving money (Archive)
- How do i transfer funds from my pre-paid phone to my Paypal? in Receiving money (Archive)
- transfering money from one pp account to another pp account in Sending money (Archive)
- Visa Gift Card in Receiving money (Archive)
- transferring money to a paypal account in Sending money (Archive)