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-   -   Withdrawal will fail (https://www.aspkin.com/forums/paypal-talk/28545-withdrawal-will-fail.html)

kryunn 02-23-2011 05:50 PM

Withdrawal will fail
 
My bank account has been closed (nothing to do with PP - it is another story) and I have withdrawn funds before I noticed this. The withdrawal still shows as Pending, but it will fail. How long does it usually takes to PayPal to consider the withdrawal as failed and how long will it take to have the funds back into my account? Thanks!

rsot 02-23-2011 05:53 PM

Figure about 10-14 days - faster if you're lucky.

kryunn 02-23-2011 06:10 PM

I consider them lost. If they get returned, good then.

BiN4RY 02-23-2011 07:04 PM

They will be returned if your bank is already closed.

kryunn 02-24-2011 05:27 AM

Thanks for the advice!

Alps_a somewhatlegend 02-24-2011 04:09 PM

I think paypal will charge you some money - only a little - as the withdrawal was returned.... not a major problem

I think they state this every time you goto withdraw - it does on my uk account.

kryunn 02-24-2011 07:45 PM

Quote:

Originally Posted by alps (Post 207406)
I think paypal will charge you some money - only a little - as the withdrawal was returned.... not a major problem

I think they state this every time you goto withdraw - it does on my uk account.

Yes, I think that it's U$S 5 per failed withdrawal. I have two transfers still pending (which will fail), therefore I will lose U$S 10. No big deal.

I hope the money gets returned soon. So far it has been 24hs and nothing, but as it was said, it will take some more time. Patience.

kryunn 02-25-2011 08:49 AM

Please help me. The withdrawals now show as "Completed", however the bank account has been closed. I have called to bank and they said that in one business day the withdrawals will be rejected and will be reflected in my PayPal balance. Is this possible even if the withdrawals now show as "Completed"?

Or is my money in the twilight zone?

rsot 02-25-2011 09:55 AM

This has happened - it will return to Pa yp al - just be patient. Completed does not mean the end of the world.

kryunn 02-25-2011 11:15 AM

Thanks, Rsot. Your kindness and useful responses is always so well appreciated.

rsot 02-25-2011 12:41 PM

As an addendum: I had a recent transfer from my MB fail - took 14 days to get back into mb accounts. Sux but what can you do.

kryunn 02-28-2011 06:31 AM

Could these three failed withdrawals (two made with minutes of difference and other within a couple of hours) cause a limitation on my account? I have already another (primary) bank account added since the beginning and my account has been in excellent standing for many many years. Could this "incident" mean the end of my PP account or the money will be returned, being a small fee charged for each withdrawal, and that's it? This is what it worries me most.

holymoly 02-28-2011 11:20 AM

Should be returned to your PP account in a week or less.

rsot 02-28-2011 11:47 AM

Could - sure. But I would not worry too much about it if your account has been in good standing. I cannot say 100% for sure that all will be ok though =(

kryunn 02-28-2011 07:22 PM

@rsot

Well, I finally got the funds reversed without any problems!

Thanks a lot for your help.

You have been great!


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