Paypal bank deposits
Why is it that PayPal can deposit the two small initial deposits to confirm your bank account on the same day but when you withdraw funds it takes three days to transfer the funds?
I just did the deposits yesterday, one account before their cut off time, one account right after their cut off time. Both accounts are at the same bank. I just wanted to see how long it would take them. Bank was Ally.
I'm guessing they want to keep the money as long as they can and have a chance to reverse the transaction. It doesn't seem right but I guess I have to live with it.
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