Money transferred to me is on hold for more than 24 hrs

queentofu
Contributor
Contributor
A friend of mine from Norway transferred money to my Paypal account but it's been hold for more than 24 hours. When do you think the money will be transferred to my Paypal balance? Do I need to do anything or just wait? Until when should I wait?
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kernowlass
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@queentofu 

 

Its down to how the payment was sent to an account.

1. If sent using money > goods / services option then paypal would see the recipient as a seller and apply the new seller hold. They would also charge a fee.

https://www.paypal.com/ph/smarthelp/article/my-payment-is-on-hold.-why-is-this-happening-faq3297?app...

2. If sent using the send money > family / friends option then the recipient would have the payment instantly (as long as it wasn't an echeque pending with a clearance date) with no fee if funded from a bank account or balance (a fee if you use a card). (However that option is not available in every country).

There are however some occasions where friends / family payments are held for reviews but these are normally only 24 hours.


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Kudos / Solution appreciated.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@queentofu 

 

Its down to how the payment was sent to an account.

1. If sent using money > goods / services option then paypal would see the recipient as a seller and apply the new seller hold. They would also charge a fee.

https://www.paypal.com/ph/smarthelp/article/my-payment-is-on-hold.-why-is-this-happening-faq3297?app...

2. If sent using the send money > family / friends option then the recipient would have the payment instantly (as long as it wasn't an echeque pending with a clearance date) with no fee if funded from a bank account or balance (a fee if you use a card). (However that option is not available in every country).

There are however some occasions where friends / family payments are held for reviews but these are normally only 24 hours.


Advice is voluntary.
Kudos / Solution appreciated.
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