Re: Withdrawals Taking Longer Than Usual? Quote:
Originally Posted by wtfebay What was the conclusion you came to? The amount of times / dollar amount had no effect on the processing time? | Paypal told me that on that account I had no restrictions of any kind. That sometimes my account was processed on Sundays and sometimes not and it was solely based on paypals ability. Not my account, dollar amount etc...
I am eastern time and usually 8pm withdrawals show up 5:30 am the next day. Even on Sundays. Other times Thursday, Friday, Saturday show up Monday and Sunday and Monday or Tuesday and other times it is 3-4 days.
I have no solid conclusion other than usually it is fast and sometimes it is not. The Sunday deal must be something new.
As for bank arrivals, my fastest ones are a two small 7 day a week credit union and then BofA.
I get nervous when weekend withdrawals dont show up til mid or late week. Can cause me a few problems on big accounts.
One thing that has been a help is a daily automated batch closing. So all my paid items after 8pm til around 1:30 will get automatically withdraw by paypal like a regular merchant account. That way no matter what funds get a daily dump, even if I dont get around to logging in. I am not sure if this is available on all accounts but you may want to look into it if you have a lot of transactions or accounts.
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