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Old 02-01-2014
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Default Paypal transfer to bank still pending after 3 business days

I initiated a paypal transfer to my bank on a new paypal account (2 months old, recently started selling on it as of 2 weeks ago). Right after I initiated the funds transfer someone at Paypal called me to tell me as a new seller about seller protection so I guess they are monitoring such things. But I took the call and usually it stays in pending status for 24-48 hours but this time it's take over 3 days! I initiated it on Jan 29th and now it is Feb 1st. According to the email I should receive it by Feb 4th but I've never had a transfer stay in pending status for so long. What's the deal?
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Old 02-01-2014
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Default Re: Paypal transfer to bank still pending after 3 business days

Paypal to bank seems to take longer in the USA than it does here in the UK where Paypal had to take out a banking lisence to legally operate.

Before we got "instant" Paypal to bank transfer in the UK about a year ago my transfers could take anything from 3-5 days depending on the time. If over a weekend they could take 5 days because saturday and sunday are not "banking" days.

I would not worry unless it goes past the 4th Fen and your money is not there at which point I would call them.
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Old 02-03-2014
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Default Re: Paypal transfer to bank still pending after 3 business days

It should happen very quickly these days.

Do you get the ' we transferred money to your bank message" ?
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