PayPal Transfer to Bank Account

Discussion in 'PayPal' started by NickR25, Dec 8, 2009.

  1. #1
    I have an important question regarding PayPal:

    Yesterday, I made two transfers from my PayPal account to my bank account. In my PayPal payment/transaction "history", the status for these transfers is "completed", but the money has not been transferred to my bank account. My PayPal balance has decreased, but my bank account's balance has not increased - it's almost as if the money is "lost".

    Is it normal for the status in my PayPal log to be "completed" before the transfer is actually completed? Or does this mean that the PayPal system "thinks" it transferred the money, and it's a serious problem that I'm not seeing it in my bank account?
     
    NickR25, Dec 8, 2009 IP
  2. asdalol

    asdalol Well-Known Member

    Messages:
    320
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    115
    #2
    This is perfectly normal, it takes a few days for the money to be actually deposited in your bank account. Not sure, but near Christmas times it could take a little bit longer.
     
    asdalol, Dec 8, 2009 IP
    NickR25 likes this.
  3. nihangshah

    nihangshah Prominent Member

    Messages:
    5,536
    Likes Received:
    271
    Best Answers:
    3
    Trophy Points:
    395
    #3
    Wait for 3 to 4 days. It takes time for Paypal balance to get transferred to your bank account.
     
    nihangshah, Dec 8, 2009 IP
  4. NickR25

    NickR25 Peon

    Messages:
    394
    Likes Received:
    18
    Best Answers:
    0
    Trophy Points:
    0
    #4
    Okay, that's fine. I'm just confused as to why PayPal would mark it as "completed". Perhaps just to scare worry-warts like myself. :p
     
    NickR25, Dec 8, 2009 IP
  5. RefleX

    RefleX Active Member

    Messages:
    389
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    60
    #5
    Cause on paypal's side it is actually completed but you do have to wait for the bank to actually put it in your account.

    Took mine about 5days

    I wouldn't worry :)
     
    RefleX, Dec 8, 2009 IP
    NickR25 likes this.
  6. RadioBounce

    RadioBounce Banned

    Messages:
    4,171
    Likes Received:
    16
    Best Answers:
    1
    Trophy Points:
    0
    #6
    I had the same problem when I first opened my Paypal account some years ago, don't worry about it I think in about 4-5 days it will be transfered to your bank, not exactly sure. It just says completed because on their side it has, your bank just needs to process it and BTW... RefleX... House is awesome =]
     
    RadioBounce, Dec 8, 2009 IP
  7. RefleX

    RefleX Active Member

    Messages:
    389
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    60
    #7

    Haha yea he is :D
     
    RefleX, Dec 8, 2009 IP
  8. Moses8595

    Moses8595 Peon

    Messages:
    4,145
    Likes Received:
    153
    Best Answers:
    1
    Trophy Points:
    0
    #8
    Be patient....Your transfer will be completed in 3 - 7 business days depending on your bank's processing schedule and funds availability policy.
     
    Moses8595, Dec 8, 2009 IP
  9. br3adman

    br3adman Active Member

    Messages:
    1,844
    Likes Received:
    10
    Best Answers:
    0
    Trophy Points:
    80
    #9
    Paypal is quicker then your bank basically.
     
    br3adman, Dec 8, 2009 IP
  10. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #10
    If this is your first time and you have entered all details (bank name,account name,number etc. details) correctly then no need to worry at all. You will get your funds in your bank accounts within max 5-6 working days.

    DON.
     
    deluxdon, Dec 8, 2009 IP
  11. csebharat

    csebharat Guest

    Messages:
    44
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #11
    Hey don't be panic.. it will take time to deposit in your account . it depends on your banks working days.. if there are holidays in that week it may take time..
     
    csebharat, Dec 9, 2009 IP
  12. NickR25

    NickR25 Peon

    Messages:
    394
    Likes Received:
    18
    Best Answers:
    0
    Trophy Points:
    0
    #12
    The funds came through today. :)
     
    NickR25, Dec 9, 2009 IP
  13. GekiDan

    GekiDan Active Member

    Messages:
    1,601
    Likes Received:
    19
    Best Answers:
    0
    Trophy Points:
    80
    #13
    Please be patient. It will take at least 3-4 "banking" days for your money to be sent to your bank account. And it could delay if you have withdrawn during weekends or holidays.

    And also, after you withdraw, there's an email sent by Paypal regarding an estimated time wherein you will receive your money.
     
    GekiDan, Dec 10, 2009 IP
  14. affilorama

    affilorama Active Member

    Messages:
    1,896
    Likes Received:
    20
    Best Answers:
    0
    Trophy Points:
    80
    #14
    Hi Nick,

    Yes, it indeed takes a little more time for the money to be deposited to your account after paypal says your transaction has been completed. In most cases, it is because there are intermediary banks through which your money passes before it actually gets to your own bank. And, of course, in most cases, they get worked on only during banking hours when there are people sho can actually check the transfer and deposit it to your account. In my experience, it can take up to 7 days to get your money ion your account, especially if there's an intervening weekend.

    Hope that helps :)
     
    affilorama, Dec 11, 2009 IP
  15. strgraphics

    strgraphics Active Member

    Messages:
    710
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    53
    #15
    You need wait 3 -4 days friend.., dont worry dear paypal team is good
     
    strgraphics, Dec 11, 2009 IP
  16. OldEgold

    OldEgold Peon

    Messages:
    367
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #16
    paypal estimate time is 5-7 business working days for NEFT tranfer . its normal
     
    OldEgold, Dec 11, 2009 IP
  17. RightMan

    RightMan Notable Member

    Messages:
    8,294
    Likes Received:
    450
    Best Answers:
    0
    Trophy Points:
    205
    #17
    Paypal is surely very efficient these days and I am happy that you too got the funds in two days flat.. from the day of your withdrawal request! :)

    I received my money in two days as well, just in time for my needs! :)

    Regards,

    RightMan
     
    RightMan, Dec 11, 2009 IP