I had about 37 dollars in my bank, so i logged into paypal and withdrew the funds from my bank to put in my paypal account. IT said that it would take untill november 5th to procsess. I went to the bank on november 4th to check my balance and it said zero. I went to paypal.com on november 4th and it didnt show that my funds were added. It is now november 5th and the funds still arent showing. whats goin on? ive written an email to paypal and they havent responded.
2007-11-05 02:38:43 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
LOL, okay thanks for the answers, so they did rob me..ok now i know. 1 more thing, do you need to add money to your paypal account in order to buy from ebay? or will paypal take the money str8 from your bank?
2007-11-05 02:50:02 · update #1
it's not always immediate. kind of like mailing a check to pay a bill. you can look online and see that the bill has been paid, however the funds have not yet come out of your checking. they will, there's just a little delay in the processing.
i'm unclear on why you'd put money in paypal instead of a bank, however. if your bank is your primary funding source for paypal and you use paypal to buy something, they CAN and WILL do an immediate transfer from your bank account. unless they're offering a better interest rate than your regular bank, you shouldn't leave it in paypal.
2007-11-05 02:45:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It takes 4-5 business days to transfer from a bank account. Weekends and holidays don't count. Your paypal account should say processing and early this week the money should be in your paypal balance.
Second answer. You do not have to pre-fund your paypal account to use it. If you have a bank account tied to your paypal account it will be debited for purchases directly. You do not need a paypal balance to purchase anything except if you are in the countries that only have EFT as a option.
2007-11-05 17:47:28 · answer #2 · answered by sho_nuff187 3 · 0⤊ 0⤋
Paypal robbed me as well, as far as I'm concerned they are a legal criminal enterprise.
2014-06-02 19:44:33 · answer #3 · answered by zviper_777 2 · 0⤊ 0⤋
Paypal sucks. It took 2 weeks for me to get a check from them for items I sold on ebay. They're slOw. And I think they tie up other peoples money for their own investment payoffs. Our money, in their accounts equals more interest earned for the company. Good luck getting through on the phone.
2007-11-05 10:45:50 · answer #4 · answered by kim 2 · 0⤊ 1⤋
Read your terms of use agreement. They have the power and they use it to their benefit. Try being a seller in a disputed deal. The buyer has all of the power then. I know from being out a thousand dollar vase and the payment.
2007-11-05 10:42:18 · answer #5 · answered by Madam Naka 7 · 0⤊ 1⤋