I have issues with the way they do things and let them know more than a few times. When you take cash out of your bank TO PayPal, it comes out of your account rather quickly but takes days before they post to your PP.
And then when you W/D cash from PP to Bank, it comes out of PP instantly but takes a while to post at your Bank.
In either direction PP is taking advantage of a mightly long float!
Nowadays even with BillPay, such as with Bank of America, you initiate the EFT but BofA does not deduct it from your bank account until the EFT is actually paid to the recipient. BofA does it right. PP is cheating us. |