Paying by direct debit **bleep** account
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Hi
Can anyone tell me what happens to my money between being collected by direct debit **bleep** regarding a payment that was collected by paypal and they have told me the money has left my account. I contacted Paypal and they tell me it is going to take 5 -7 working days to appear on my paypal account.
My question is where does the money go for this time?
Regards
365gtb
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http://www.ehow.com/info_8537474_difference-wire-transfer-electronic-transfer.html
Because processing electronic monies directly, wire transfers occur faster than electronic fund transfers. Often, banks complete wire transfers in real time, making funds available to a receiver within minutes or hours of a person beginning the transaction.
PAYPAl USES ELECTRONIC TRANSFERS.
Advice is voluntary.
Kudos / Solution appreciated.
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