Money I’ve sent hasn’t been taken out of my bank

livlivliv
Contributor
Contributor
Hi! I’ve sent money to a friend through paypal but have done it from my bank account rather than from my paypal balance (as I have no money in my paypal balance). It has been 5 days and the recipient has received money but the money has yet to be taken out of my bank balance. Any ideas on what’s happening please? Thanks
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kernowlass
Esteemed Advisor
Esteemed Advisor

@livlivliv 

 

Transfers from bank accounts are never instant, that is why when you buy something paypal credit the seller upfront for you and paypal take the wait for the funds to transfer to pay them back again, this is so you get your item without delay. They will do this as long as  you have a back up card linked to your paypal account as well in case after crediting the seller your bank transfer fails and they can use a card instead. 

Takes 5-7 working days to transfer as Paypal use the slowest (cheapest) transfer option BUT funds normally leave your bank account from a few hours up to a few days later.




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kernowlass
Esteemed Advisor
Esteemed Advisor

@livlivliv 

 

Transfers from bank accounts are never instant, that is why when you buy something paypal credit the seller upfront for you and paypal take the wait for the funds to transfer to pay them back again, this is so you get your item without delay. They will do this as long as  you have a back up card linked to your paypal account as well in case after crediting the seller your bank transfer fails and they can use a card instead. 

Takes 5-7 working days to transfer as Paypal use the slowest (cheapest) transfer option BUT funds normally leave your bank account from a few hours up to a few days later.




Advice is voluntary.
Kudos / Solution appreciated.
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livlivliv
Contributor
Contributor

Hi, it has been over a week since the transaction and it still has yet to leave my bank account. I'm wary of using my account until these funds leave, how long do you think it will take? Thanks. 

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