I transfered some money from my Paypal account to my bank account and the status says completed. I did this a few days ago but it is not posting to my bank account has anyone else had this problem? I go through Bank of America. Thanks in advance
PayPal
- Thread starter brandeeashlynn
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It can take up to 14 days to get to your bank when you transfer money out of PayPal. I've no idea why it does take that long though.
I guess I do not understand. I pay via paypal a lot and it is hooked both to my bank account and CC. Anytime I pay I use my bank account and the payment does through immediately????
That's true. But when when someone buys something from you their money goes into your PP account and when you want to transfer that money from PP back into your bank account it takes a few days to clear.
That part I get, I was reading it as the OP was have trouble with the transfer because she was the buyer. if I have that one incorrect, then my apologies.........
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PayPal is like any company. They like to hold onto your money for as long as they can for the $interest$. Granted, holding the funds for one account doesn't seem like much, but hold the money for several hundred or thousand acounts can add up.
yes about 3 days for me too, I now use a PP debit card so I dont have to wait, this is good enless you were transfering the money to saveings or whatever collect most intrist, you get 1% cash back on anything you buy with debit card. just my $0.002
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