PayPal Withdrawal Delayed - Trace Number Not Issued

[Go4Mart]

Hi everyone,

I'm posting to see if anyone has encountered a similar issue with a delayed PayPal withdrawal and can offer advice.

On February 1st, I initiated a withdrawal from my PayPal account to my bank. The transaction appeared as "Completed" in PayPal, indicating the funds were sent. However, my bank hasn't received the money.

After contacting PayPal support, they advised me to wait 7 business days and then they would file a trace for the transfer.

On February 13th, I received confirmation that a trace would be filed within 24-72 hours.

Unfortunately, it's now February 17th, and I haven't received any updates or a trace number.
I understand there may be delays, but I'm concerned and would appreciate any insights from the community.

[Abgl12]

I am experiencing a similar issue with the withdrawal not appearing in my bank account. I just requested for a trace today, and I was told I'd receive it in 2-3 days. I'm just a few steps behind you, OP. Do let me know when your situation changes as well.

[Go4Mart]

Over 72 hours have passed since I requested a trace on February 13th for my delayed withdrawal. While I understand investigations can take time, I haven't received any updates or a trace number. I recently contacted PayPal again, and they simply stated that the request is ongoing and I'll be notified upon completion. However, I'm concerned about the lack of communication and specific timeframe.

[Magneticwitch]

Hi I'm also experiencing a delay in my bank transfer too. Sounds like something is going on with a lot of transfers right now. I hope we receive our money soon.

[Jaydeveloper]

I am having the same issue…it’s been 12 days since I withdrew to my bank and I have not gotten the payment

[Go4Mart]

Withdrawals are resulting in delays of up to 20 days. Yes, withdrawals took approximately 20 days to reflect in my bank account after the trace number was issued by PayPal.

This delay is unacceptable, particularly when considering that international wire transfers typically only take 3 business days but this ACH Withdrawal should take less time. This issue persists, as I encountered the same delay with another recent withdrawal. Requiring a trace number each time I withdraw from PayPal is inconvenient. Please address this issue, PayPal.

[Magneticwitch]

Thanks for the update @Go4Mart. That is unacceptable and a long delay. I made a transfer this Monday to a different account at my bank and it transferred the next day but is still pending. I just asked PayPal for a trace number after speaking with my bank this week. I really hope this issue will be resolved soon. Thank you for your support on this in advance, PayPal. ❤️

[PayPal_Bindu]

Hello @Go4Mart @Abgl12 @Magneticwitch and @Jaydeveloper 

Thanks for posting your question in the PayPal Help Community!

I completely understand your concern about your withdrawal not reflecting in your bank account. Thank you for bringing that to our attention. This is something others have brought to our attention, and it is being looked into. I suggest you to contact our Customer Service so that they can add your specific account information to the record so the team can look into it further.

Have a great day!

Bindu

[Candymint]

I have recently facing an issue with my withdrawal as well, withdrawal completed on 27/March but until today money still not reflected in my bank account , what should I do ?