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Immediate 21 day hold on new Paypal Account?
 

Never had this happen before when setting up a paypal account. I invoiced and took in one payment of $36 and get this email, see below. Is this the way it is now on new accounts?

An important message about your PayPal balance

Hello XX,

Because you are a new PayPal seller, money from payments you receive will be placed in your pending balance for up to 21 days. Delaying access to payments helps us make sure that new sellers have enough money in their account to cover claims or refunds.

Even though you can't access the money right away, please ship orders quickly and communicate with your buyers. As long as there are no problems with the order, you’ll be able to withdraw the money within 21 days.

If you process the order quickly and mark the order as processed on the Transaction Details page, the money may be available sooner. After you process the order, we'll calculate the expected delivery date and release the payment 7 days after that date. We'll also contact the buyer with the shipping details and ask them to let us know when they receive their order.

Log in to your PayPal account and go to your Transaction details page for more information about funds availability.

You're considered a new seller until you confirm your identity and
• Complete 10 transactions without any buyer disputes, claims or returns.
• Receive at least 250.00 USD in payments for goods and services.
• Wait 60 days from the date you receive your first payment.
After you've completed these steps, your money will be available sooner.

For more information about funds availability, log in to your account and go to the Resolution Center.

Questions? Let us know

To speak to a Customer Service representative, log in to your PayPal account and click "Contact Us" at the bottom of any page.

Thanks,

PayPal

have been searching the forum and it looks like this is standard procedure. I just don't remember it from new accounts a couple of months ago.

What a DRAG!

Yes, it's pretty much on all new accounts. Paypal does not trust new accounts. Just gotta ship fast and have the item(s) arrive quickly so the holds can be less than 21 days.

Yes it is a drag - have to deal with it for at leas 90 days...sometimes gets lifted then put back too. Annoyance

It's a pain.

Soon as possible make the account 'viable' & good in the eyes of paypal.

That's the key to getting rid of 21 day holds

:juggle:

One of my Paypal accounts said that it was holding my funds for 21 days. Sold two small items for about £3 each, both received holds, then sold something for about £50 - no hold.

Strange

Because eBay and PayPal system is screwed. ..

Yes, if they like you and you have proven yourself on the first two orders, they either goto every other order having a 21 day hold, or just dropping the holds.

Thanks for all the responses!
MaggieMae :thumb:

Re: Immediate 21 day hold on new Paypal Account?
 

Just an update, i think it was because the buyer was from overseas, and outside of EBay. I also said in another thread that overseas sales on ebay(ebay UK at least) are not subject to 21 day holds.

Excellent MaggieMae - hope it helped out :)

I remember the 21 days hold just for eBay transaction in the early day. One of my new account received direct payment from my buyer (not a eBay transaction) with the 21 days hold.

It's suck but have to stick with it.