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since ‎Oct-09-2012
Tenakah57
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Re: Recent withdrawal queries

by Tenakah57 Member in Adding and withdrawing money
‎Oct-09-2012 11:29 PM
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‎Oct-09-2012 11:29 PM
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I thought because I am new to the whole eBay/PayPal partnership of selling online was the reason it was taking so long to receive funds from my sales. Only two transactions into this and I am already unhappy with the process. When I buy something, I have to pay immediately. When I deposit money into my bank, the funds are ALWAYS available. IT'S MY MONEY. PERIOD. I understand the process of holding funds until delivery is confirmed, but why, once the funds are "available", does it take "3-5 business days" to transfer those funds into my bank account and once the transfer shows "complete", it still does not show up in my account for up to 2-3 days later?   Does anyone realize that PayPal must be collecting an incredible amount of interest by holding our monies, the longer held the more interest our money makes them. Since I already pay them for each transaction, I believe they are unfairly taking financial advantage of their customers. That's us. What is our course of action in seeking remedy? PayPal needs to make our funds available as quickly as they demand payment from each of us on each transaction. Any other ideas? ... View more
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