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Cheque Withdrawal Question - paypal ( status change time) ??

Discussion in 'PayPal' started by INDIAN123, Aug 9, 2010.

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  1. #1
    when we initiate a bank transfer we saw every time that exactly after 24 hrs 15 min status changed completed from pending .

    Anyone know when status changed from pending to cheque issued if withdrawal initiated via cheque from paypal??

    and is this safe to withdraw via cheque ??
    and how many days it will take time to deliver the cheque to any of our 4 metro city ??

    thanks .
     
    INDIAN123, Aug 9, 2010 IP
  2. deluxdon

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

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    #2
    Don't know about status change but yes it is safe to withdraw via cheque. It'll take anywhere between 15 to 25 days for delivery of cheque.

    DON.
     
    deluxdon, Aug 9, 2010 IP
  3. Canyoudigit

    Canyoudigit Peon

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    #3
    Its safe to withdraw via check, just watch your mailbox. As for the pending from completed, its possible that it stays pending until the check is mailed out.
     
    Canyoudigit, Aug 9, 2010 IP
  4. nitinleew

    nitinleew Well-Known Member

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    #4
    Of course it's safe.As far as I know.It will take Max 30 days
     
    nitinleew, Aug 9, 2010 IP
  5. INDIAN123

    INDIAN123 Well-Known Member

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    #5
    i dont think so because i heard that " cheque issued " shown in the account from pending ..

    any one here who already have experience with cheque ??

    ooo one more question
    suppose someone initiated a withdrawal via cheque and after 7 days of that transaction is disputed then cheque will arrive or return ??

    no one know?????
     
    Last edited: Aug 9, 2010
    INDIAN123, Aug 9, 2010 IP
  6. Canyoudigit

    Canyoudigit Peon

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    #6
    I suppose that if it was disputed PayPal would cancel the check and re-issue pending the dispute.
     
    Canyoudigit, Aug 9, 2010 IP
  7. olddocks

    olddocks Notable Member

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    #7
    The change will happen between 5-7 days.
     
    olddocks, Aug 9, 2010 IP
  8. Assasin

    Assasin Peon

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    #8
    I've tried getting money via check from PayPal and there are no hassles with it except the shipping.
     
    Assasin, Aug 9, 2010 IP
  9. rahul7281

    rahul7281 Peon

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    #9
    bro i will advice never go for cheque withdrawal..firstly there is no surety that cheque will reach you or not...secondly if it doesnt you have to wait for 45 days to get the back into your account.
    i lost 2 cheques back in 2007 ....
     
    rahul7281, Aug 9, 2010 IP
  10. INDIAN123

    INDIAN123 Well-Known Member

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    #10
    ok thanks for information
     
    INDIAN123, Aug 9, 2010 IP
  11. deluxdon

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

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    #11
    It depends on postal service in your area as well. I never lost any cheque as postal service in my area is very good.

    DON.
     
    deluxdon, Aug 9, 2010 IP
  12. INDIAN123

    INDIAN123 Well-Known Member

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    #12
    okiz and can u tell me how exactly time is needed for status changed pending to cheque issued??
     
    INDIAN123, Aug 10, 2010 IP