I bought a Phone over eBay for £395 on Monday and paid using PayPal but my PayPal balance was empty so the money came from my bank account which is linked to PayPal. On Tuesday I realised I had bought the wrong model of phone and the seller cancelled the order and issued me a full refund. I then got an email from PayPal confirming the refund and it said on the email their was a hold on the money till Monday the 3rd of August, I assumed this was till the money cleared from my account and PayPal recieved it but this morning I noticed that the funds were gone from my bank. So I logged into PayPal I checked my "payments sent activity" and it says "bank transfer completed" but my money is still on hold? Does this mean I have to wait till Monday to revive my refund even though PayPal have received the bank transfer? i assumed once PayPal received the money from my bank the refund would be completed instantly. Thanks Regards Michelle
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