PayPal Transaction Query

[golfer]

Originally Posted by MichaelQ

Not sure what you mean. I always get the money in my PayPal account right away when someone pays me with it?

on an international transaction?

[clinton1550]

The funds came straight out of my bank account, I used to keep a float of $300 in my PayPal account but I needed that for eBay, I haven't bought anything on eBay for a few years so once the float ran out I didn't bother topping up.

That's probably why there's a delay.

[MichaelQ]

If someone pays me with PayPal then it appears in my PayPal account right away.

If I want to withdraw money from PayPal and put it in my own bank account then it takes a couple of days but thats not unusual. I get SWIFT transfers every fortnight from Netherlands and it takes a couple of days - used to be 3-5 but more likely 2-3 now.

Even someone in Australia paying me with BPay takes a day or 2 for the funds to show up.

[golfer]

That was my point, the record may be there in your account but the funds aren't immediately available. I suspect they were just making sure the funds would be available before doing the refund.

[MichaelQ]

The fundage is available for me to spend via PayPal though. PayPal is probably the new "black market" for a lot of people.

[golfer]

ok, I've never tried using funds to buy in that time frame, so that's good to know.

[MichaelQ]

Guess my point is PayPal is no different to any other type of transfer.

If someone does a Direct Deposit in my bank, or pays via BPay, or my credit card dudes in Europe send me money via SWIFT - it all takes a day or 3.

For that main reason I only accept PayPal for my ebay sales - the money is in my PayPal account immediately for me to use.