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since ‎May-24-2021
Country: United States
Type: Personal
Travis33190
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Re: Funds on hold

by kernowlass Esteemed Advisor in My Money Archives
‎May-26-2021 02:30 AM
‎May-26-2021 02:30 AM
@Travis33190    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. 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).   https://www.paypal.com/us/smarthelp/article/my-payment-is-on-hold.-why-is-this-happening-faq3297 If they sent it by mistake as option 1 then if you mark the transaction as processed then the sender may have the option on their account to mark the transaction as delivery/satisfied. If they confirm this by clicking on the "Confirm Receipt" button, the funds may be released to you sooner. This is not always available or guaranteed.  If not then sadly its 21 days. ... View more
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