Why does it take 8 days to transfer money from Paypal to Bank?

[maprod]

Recently I withdraw my money from Paypal account to my bank account. I have noticed that it takes 8 days (including Weekend) for money to be transferred into my account. Why does it take that long when it states on Paypal page that it will take 2-3 working days? Last month when I withdrew my money, it took less than 4 working days each time. But since 2 weeks ago it seems to take 8 days on every withdrawals. What happen or is there anything wrong on my account?

[Killuminati]

I think its to do with the stealth accounts im not sure because it does happen to me is well. On paypal it says completed but when i check in my bank still nothing im with santander what bank are you with?

[seanws30]

must be a UK thing. takes about 2 days for me

[NotAHappyBunny]

in my experience it varies a little between banks - generally 4 working days, but some banks are quicker.

[teedon]

Paypal china states it take 3- 7 working days ,so 8 days including weekend is acceptable.As long as the money can be reached to your bank,i donot think your account have any problem.

[meVebay]

If as I suspect your account is one that is on 72 hour withdrawl to complete, then there is 3 days already. Another 3 for the withdrawl plus 2 for the weekend, is your eight days!

It's nothing to do if it's a stealth account or not. I'm running 5 accounts at the minute, 3 are on 72 hour withdrawl timings. No idea why though!

[GTB]

start asking questions if it doesn't arrive in your bank account

does it always take this long?

which bank are you with?

[whatnow]

i think it depends on your bank, it takes 4 days for some of mine and 8 days for others, remember not to include weekends and if you request after 12pm that day wont count with some banks

[rsot]

All depends on business day policy - does not include weekends.

[GTB]

as long as it hits your bank there is no need to worry

some banks are fast..and some slow

i think average is 3-4 days

so 8 days is only an extra 2-3 days due to the weekend

would ne worry lad

[johnnyleeds]

I've moaned about this before, I know that different banks in the UK take different lengths of time to withdraw to. I use the Halifax / Bank of Scotland and the normal transfer from Paypal to my bank account takes a full week. However if I'm totally skint then I might pay the £5 'Fast Transfer' fee and I;ve found that if I transfer the money on Monday that after paying the £5 fee I have the money in my bank account in less than 24 hours - so its there on Tuesday morning. However I've done this on different days sometimes and its still taken nearly 7 full days - and they've still charged me £5 !!!! Cheeky buggers!!!

[Stigger]

Originally Posted by johnnyleeds

I've moaned about this before, I know that different banks in the UK take different lengths of time to withdraw to. I use the Halifax / Bank of Scotland and the normal transfer from Paypal to my bank account takes a full week. However if I'm totally skint then I might pay the £5 'Fast Transfer' fee and I;ve found that if I transfer the money on Monday that after paying the £5 fee I have the money in my bank account in less than 24 hours - so its there on Tuesday morning. However I've done this on different days sometimes and its still taken nearly 7 full days - and they've still charged me £5 !!!! Cheeky buggers!!!

Your supposed to get that back.

[johnnyleeds]

Hmm, yeah, sometimes I've been refunded it, other times I havent, but I dont really like to start making a fuss with Paypal as it might get them interested in me and my 'stealth' account, so best to keep mouth shut and grin and bear it I guess...

[Callidus]

Johnny you can make that £5 back instantly via a sale so no point as you say in kicking up a fuss

Im with Santander and mine are OK'ish at the moment not overly speedy

[Stigger]

Originally Posted by johnnyleeds

Hmm, yeah, sometimes I've been refunded it, other times I havent, but I dont really like to start making a fuss with Paypal as it might get them interested in me and my 'stealth' account, so best to keep mouth shut and grin and bear it I guess...

Would you do that if it was a legit account ?

[johnnyleeds]

Probably not, even legit accounts get screwed for no reason by ebay / paypal as we are all aware of, otherwise we wouldnt be using this forum if ebay was an honest / decent place to trade. Know what I mean?