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Transfers from bank accounts are never instant as Paypal use electronic transfers ie echeques (cheaper but slower).
Funds normally leave your bank account from a few hours > few days later but they take several working days to clear through to the seller/Paypal as they go via ACH in batches.....allow 5-7 working days.
Its called instant because normally Paypal credit the seller upfront and then Paypal take the wait for the funds to transfer, this is so you get your item without delay.
As for how long that depends on your banks processing times as paypal can't credit the funds until they have received them.
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
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Transfers from bank accounts are never instant as Paypal use electronic transfers ie echeques (cheaper but slower).
Funds normally leave your bank account from a few hours > few days later but they take several working days to clear through to the seller/Paypal as they go via ACH in batches.....allow 5-7 working days.
Its called instant because normally Paypal credit the seller upfront and then Paypal take the wait for the funds to transfer, this is so you get your item without delay.
As for how long that depends on your banks processing times as paypal can't credit the funds until they have received them.
Advice is voluntary.
Kudos / Solution appreciated.
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