PayPal withdrawal to bank is taking too long.

FredS1
Contributor
Contributor

I made a standard transfer from my UK business PayPal to my UK bank account (Wise) on 24 August.. PayPal tells me it will arrive on 1st September. That's 8 days and totally unacceptable. I know the problem is not with Wise bank because they do same-day transfers from my USA bank account. Any thoughts as to why it now seems to take more than a week in the UK to get money out of PayPal?

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3 REPLIES 3

kernowlass
Esteemed Advisor
Esteemed Advisor

@FredS1 

 

1. 

Because it states the in the UK information on withdrawals?

https://www.paypal.com/uk/cshelp/article/how-do-i-withdraw-money-from-my-paypal-account-HELP394

The Standard transfer typically completes in 1 working day. Sometimes, depending on your bank's clearing process, it may take 3-5 working days.

 

2.

Paypal does not support Wise / Payoneer (or any other virtual banks).
Whilst you can sometimes add an account it wouldn't work properly and Paypal advise you against trying.
If you do succeed then Paypal wouldn't be responsible for any missing funds to or from that virtual / digital bank account.

 


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FredS1
Contributor
Contributor

Hmm. That's odd. I run two businesses. One in the USA and one in the UK, and both have their paypal accounts linked with Wise. I have not had any problems in the past. The only issue at present is the 8 days that Paypal says are needed to send money to my Wise account. 

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kernowlass
Esteemed Advisor
Esteemed Advisor

@FredS1 

 

As I said you can sometimes add them and they will sometimes work but if you have issues then paypal won't be able to help you.

 

https://www.paypal.com/us/cshelp/article/why-cant-i-link-a-bank-account-to-my-paypal-account-HELP199

  • The bank isn't compatible for use with PayPal. This may include most online-only or prepaid bank accounts.

Plus >>>

If you don't believe me or the link then read what the paypal employees state.

 

https://www.paypal-community.com/t5/Transactions-Archives/Withdraw-money-from-TransferWise-account/m...

 

Scroll past my post to paypal Meghans.

 

https://www.paypal-community.com/t5/Wallet-Archives/Help-connecting-my-business-bank-account-manuall...

 

Again scroll past mine to paypal Jonk

https://www.paypal-community.com/t5/Wallet/Unable-to-add-my-Revolut-bank-account/m-p/3044746#M28607

 

Same again to Ayeshas post.

 

https://www.paypal-community.com/t5/Wallet-Archives/my-card-cannot-link/m-p/2877985#M15084

 


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