Funds transfer from paypal to bank not received though completed?

Hi guys, I have a question. This is my first time withdrawing money from paypal. I requested to withdraw some money via electronic bank transfer from my paypa to my bankl 2 days ago. When I did that, the status wrote pending but today it wrote completed. However I checked with the bank, they have not received any funds from paypal yet.

When paypal status says completed, does it mean they have already started the transfer which will take about 5-7 days as stated in their claims or does their 'completed' means they have already sent the money and it should be appearing in my bank account now?

Help will be greatly appreciated

 

In my case, when it shows Complete, it means that the transfer has been completed at Paypal's end and the payment instructions has been sent to their immediary bank to be sent to yours. In my experience, it will take between 3 to 4 days after that for my bank to post the funds into my account.

 

Completed in PayPal doesn´t mean it´s in your bank account already. Like eddy says for me it´s between 3-4 days mostly till money recieved in my bank. Sometimes faster, sometimes slower.

Kind regards

 

I see, very nice advice! thanks all

 

Yes buddy,

It takes 3-4 business days.

 

Paypal sent the money and you must wait for them to slowly go to your bank

 

Completed 1-2 days
Funds received 3-4 days
--------------------------
Total aprox. 5 days to receive the money.

 

Update us when you will recieve them

 

I don't know why but I transferred $1000 to my local bank account but not received since May 5th, 2015 (25 days as of today). Every time I call Paypal they say they sent but the bank says they never received anything. We double checked bank account number and it is correct. Paypal says they are tracing the transaction but every time i call they say no news! Couldn't be worse than this.

Is it even possible that some money to be lost?

I will never use Paypal anymore and I may make an official complaint about this and get a lawyer to get my money back.

 

hello. everyone. i hv trasfered 11$ from paypal to bank. on 15th march 2016 and now 23-03-2016 now 8 days completed and i hv not recieved payment to my bank yet. bbut status completed in my paypal account. what to do i dont understood. please some one give me some suggestions plz reply it.

 

If it is your first withdrawal, then bank will investigate your source of funds before actually accepting it and showing it in your balance. Same case, if you happen to not withdraw again for a long time, after your last withdrawal. The money should come to your account sooner or later. So be patient and keep your account active.