Paypal money withdrawn to bank account still not shown in my account statement!

Discussion in 'PayPal' started by charlyms21, Mar 3, 2010.

  1. #1
    Recently I withdrawn my first pay pal payment I got from an affiliate program to my bank of America account.In paypal statement its shown as transaction complete.however i m not seeing any money received in my bank of America statement,however the money paypal transfered for verification and charged for linking credit card was instantly shown in my statement,but the money which I withdrawn is not seen in my bank account.
    Did paypal stealed all my money.Please help me with this
     
    charlyms21, Mar 3, 2010 IP
  2. simplyjo

    simplyjo Well-Known Member

    Messages:
    1,487
    Likes Received:
    25
    Best Answers:
    0
    Trophy Points:
    110
    #2
    When did you withdraw this money ? Paypal has stopped bank withdrawals since a long time.. hopefully they will be resumed today. In the meantime, if you do not get money in your bank account, they will reverse it back to your PP account - they dont steal money - dont worry :)
     
    simplyjo, Mar 3, 2010 IP
  3. charlyms21

    charlyms21 Peon

    Messages:
    178
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    No paypal withdrawal to US bank accounts is still there.Between only paypal transfers to Indian bank accounts are frozen.But the question is why is not any statement showing paypal withdrawal shown in my bank statement whereas the details of paypal verifying my account with its 1cent deposited and my 2$charged for my credit card is shown instantly in my bank statement.I am confused and frightened hearing paypal horror stories.I worked over 6months only to receive my first payment from an affiliate program and trusted paypal for transaction,but I did not expected this.Why do they want to squeeze the blood out of a small babys heart.I spent almost hours and months of getting a payment online and all in vain
     
    charlyms21, Mar 3, 2010 IP
  4. tanha_dil

    tanha_dil Peon

    Messages:
    324
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #4
    do not worry , that 2$ which got deducted from your card will get refunded back to your paypal account and regarding that instant appearance of the transactions in your statement , well it gets charged via the visa /master network just like when you transact via ATM it appears instantly. And for the bank withdrawls its a manual + electronic process unlike credit card transactions which is processed by sending requests to RBI (NEFT) and they send out the request to your bank and then your bank process and update your account and then your money reflects in ur statement . phhheew ... tired writing lol .. So have patience buddy .
     
    tanha_dil, Mar 3, 2010 IP
  5. charlyms21

    charlyms21 Peon

    Messages:
    178
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #5
    No man you are not getting the point,they refunded my 2$ to my card.No prblem with that,but the 400$I withdrawn to my bank account is not appearing in my bank statement,that is my problem
     
    charlyms21, Mar 3, 2010 IP