I made a payment to Iceland groceries this morning via Paypal through my debit card. My food delivery is due tomorrow however as normal for Iceland they have pre authorised the payment from my bank account already to ensure I have the funds therefore this money is now no longer available to me. I have decided I want to cancel my Iceland food delivery as I no longer need it. My question is will the authorised funds be available in my bank account straight away again for me to use? Or will it take several days to appear back in my account? My bank couldn't answer this one for me and neither could Iceland.
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