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since ‎May-02-2019
NorikoCeo
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Re: EVERY WITHDRAWAL PENDING !

by kernowlass Esteemed Advisor in My Money Archives
‎Sep-15-2019 02:30 AM
‎Sep-15-2019 02:30 AM
@chronic8000    Yep its normally about 2 hours or dead on the 72 hours so 2-72 hours. Feel free to complain to the FSO  or FSA or whoever as they approved paypals user agreement in the UK with that hold in it.   And you tend to only get the 'hold' if you withdraw your funds instantly. This is because when a buyer pays you funded from their bank account then its never 'instant'. Paypal use the slowest (cheapest) transfer option BUT credit you the seller upfront, this is so there is no delay in the despatch of the buyers item. Paypal then wait for the transfer of funds from the buyers bank to reimburse them. So if you withdraw immediately its paypals credited funds you are withdrawing and so they sometimes put a 72 hour delay on it to allow the buyers bank transfer to play catch up. If a bank transfer is going to fail then its normally in that 72 hour timespan, so once past the funds are released. ... View more
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