is paypal doing something shady with my refund?

[Theangelicmc]

i purchased something on ebay on the 18th, 3 hours later the ebay member refunded my money, the 19th money was taken out of my bank account by paypal and was cleared, now we are on the 21st and i still do not have my refund from paypal!!!!

What are they doing with my money?

[kernowlass · Accepted solution]

I expect it's on temporary hold? >>>>

This arises because your seller has refunded you before your initial payment to them has cleared from your bank to PayPal.

When you sent your payment, the money is not instantly transferred from your bank account to the recipient’s PayPal account. Instead paypal instantly credit the recipient's PayPal account on your behalf and simultaneously request the same amount from your bank account to reimburse themselves.

It takes 5-7 business days for the money to arrive from your bank to PayPal (same timeframe and method as an eCheque in fact). If your Instant Bank Transfer is refunded, this refund cannot be completed until paypal receive the money from your bank to cover the original payment paypal made.

A ‘Temporary Hold’ is ‘Placed’ on your refund while your bank processes your initial transfer request. When paypal receive the money from your bank, it will be credited to your PayPal balance.

[Theangelicmc]

makes sence i guess lol, but the money cleared from my account 2 days ago. But anyways, i just happen to look at my paypal account and the credit is now on my paypal lol

Thank you for the info tho 🙂