Why does it take 8 days to transfer money from Paypal to Bank? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > International eBay & Paypal Discussions > UK eBay & Paypal > UK PayPal Talk

UK PayPal Talk General issues related to UK Paypal

Reply
 
Thread Tools
  #1  
Old 12-20-2011
Senior Member
 
Join Date: Feb 2010
Posts: 139
Thanks: 3
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 81%
iTrader: (0)
Default Why does it take 8 days to transfer money from Paypal to Bank?

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?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 12-20-2011
Junior Member
 
Join Date: Apr 2011
Posts: 280
Thanks: 18
Thanked 20 Times in 21 Posts
Activity: 0%
Longevity: 74%
iTrader: (0)
Default

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?
Reply With Quote
  #3  
Old 12-20-2011
Senior Member
 
Join Date: Aug 2011
Posts: 699
Thanks: 16
Thanked 96 Times in 76 Posts
Activity: 0%
Longevity: 71%
iTrader: (1)
Default

must be a UK thing. takes about 2 days for me
__________________
stealth (n): the act or action of proceeding furtively, secretly, or imperceptibly
Reply With Quote
  #4  
Old 12-21-2011
NotAHappyBunny's Avatar
Senior Member
 
Join Date: May 2011
Posts: 467
Thanks: 211
Thanked 44 Times in 37 Posts
Activity: 0%
Longevity: 73%
iTrader: (0)
Default

in my experience it varies a little between banks - generally 4 working days, but some banks are quicker.
Reply With Quote
  #5  
Old 12-21-2011
teedon's Avatar
Executive [VIP]
 
Join Date: Jan 2010
Posts: 1,007
Thanks: 18
Thanked 129 Times in 99 Posts
Activity: 0%
Longevity: 81%
iTrader: (0)
Send a message via MSN to teedon Send a message via Skype™ to teedon
Default

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.
Reply With Quote
  #6  
Old 12-21-2011
Senior Member
 
Join Date: Jun 2010
Posts: 520
Thanks: 17
Thanked 88 Times in 73 Posts
Activity: 0%
Longevity: 79%
iTrader: (1)
Default

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!
Reply With Quote
  #7  
Old 12-21-2011
GTB GTB is offline
Senior Member
 
Join Date: Sep 2010
Posts: 3,378
Thanks: 600
Thanked 419 Times in 301 Posts
Activity: 0%
Longevity: 77%
iTrader: (178)
Send a message via MSN to GTB Send a message via Yahoo to GTB
Default

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

does it always take this long?

which bank are you with?
Reply With Quote
  #8  
Old 12-21-2011
Senior Member
 
Join Date: Oct 2010
Posts: 101
Thanks: 0
Thanked 5 Times in 6 Posts
Activity: 0%
Longevity: 77%
iTrader: (0)
Default

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
Reply With Quote
  #9  
Old 12-21-2011
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 73,051
Thanks: 5,771
Thanked 8,674 Times in 7,969 Posts
Activity: 100%
Longevity: 82%
iTrader: (7)
Default

All depends on business day policy - does not include weekends.
Reply With Quote
  #10  
Old 12-21-2011
GTB GTB is offline
Senior Member
 
Join Date: Sep 2010
Posts: 3,378
Thanks: 600
Thanked 419 Times in 301 Posts
Activity: 0%
Longevity: 77%
iTrader: (178)
Send a message via MSN to GTB Send a message via Yahoo to GTB
Default

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
Reply With Quote
  #11  
Old 12-26-2011
johnnyleeds's Avatar
Senior Member
 
Join Date: Oct 2008
Posts: 451
Thanks: 29
Thanked 28 Times in 27 Posts
Activity: 0%
Longevity: 89%
iTrader: (0)
Default

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!!!
__________________
DON'T LET THE B**STARDS GRIND YOU DOWN ! ! !
Reply With Quote
  #12  
Old 12-26-2011
Stigger's Avatar
Senior Member
 
Join Date: Jul 2010
Posts: 2,122
Thanks: 224
Thanked 350 Times in 299 Posts
Activity: 0%
Longevity: 78%
iTrader: (0)
Default

Quote:
Originally Posted by johnnyleeds View Post
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.
__________________
^The above is from a u.k point of view^


Bend it, Shape it, Anyway you want it...http://www.auto-professionals.co.uk/...lies/dance.gif
Reply With Quote
  #13  
Old 01-06-2012
johnnyleeds's Avatar
Senior Member
 
Join Date: Oct 2008
Posts: 451
Thanks: 29
Thanked 28 Times in 27 Posts
Activity: 0%
Longevity: 89%
iTrader: (0)
Default

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...
__________________
DON'T LET THE B**STARDS GRIND YOU DOWN ! ! !
Reply With Quote
  #14  
Old 01-06-2012
Senior Member
 
Join Date: Jan 2011
Posts: 3,669
Thanks: 313
Thanked 812 Times in 578 Posts
Activity: 0%
Longevity: 75%
iTrader: (97)
Default

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
Reply With Quote
  #15  
Old 01-07-2012
Stigger's Avatar
Senior Member
 
Join Date: Jul 2010
Posts: 2,122
Thanks: 224
Thanked 350 Times in 299 Posts
Activity: 0%
Longevity: 78%
iTrader: (0)
Default

Quote:
Originally Posted by johnnyleeds View Post
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 ?
__________________
^The above is from a u.k point of view^


Bend it, Shape it, Anyway you want it...http://www.auto-professionals.co.uk/...lies/dance.gif
Reply With Quote
  #16  
Old 01-07-2012
johnnyleeds's Avatar
Senior Member
 
Join Date: Oct 2008
Posts: 451
Thanks: 29
Thanked 28 Times in 27 Posts
Activity: 0%
Longevity: 89%
iTrader: (0)
Default

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?
__________________
DON'T LET THE B**STARDS GRIND YOU DOWN ! ! !
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Can I add my bank account to my moms PP to transfer money to the bank? lisurf Subscriber Discussions 13 10-16-2011 12:17 PM
Paypal - Bank Account Transfer - 5 + Days ?!?! johnnyleeds UK PayPal Talk 8 07-15-2010 09:31 AM
Why would paypal hold my money transfer from my bank for 10 days? Sandy D PayPal Talk 3 04-30-2009 09:20 PM


Aspkin Group

All times are GMT -5. The time now is 03:13 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58