A portion of money being held for a bank transfer

nmaatlanta
New Community Member

I have been put in a very difficult position. My Father in Law passed and I needed some financial help to complete his burial arrangements. I was sent $2,000 to my PayPal account on November 25th. On November 25th i did an instant transfer for the amount of $1,049.89. A hold for some reason was placed on the remaining amount of $910.30. I then attempted to do an instant transfer of the balance of $910.30. I desperately needed (and still do) the funds to complete my Father in Law's burial. The instant transfer was put in a pending mode. I contacted PayPal 3 times and received 3 different answers from the customer service team members. The first said it would have to be a 24 hour hold and the final answer I reached from a manager was there is a 72 hour security hold. 

 

Needless to say this hold on the $910.30 has put me in such a crisis and the answer I received was this is a system hold that they could do nothing about. Why release part of the money and hold the rest? Why a crippling 72 hour hold which I am in now. 

 

In Financial Pain....

Login to Me Too
1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@nmaatlanta 

 

https://www.paypal.com/us/cshelp/article/HELP395


Advice is voluntary.
Kudos / Solution appreciated.
Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.