PayPal reversed my withdrawal transaction ?

Discussion in 'PayPal' started by Active, Jul 13, 2010.

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  1. #1
    Hi PP users,

    I withdraw 300$ from my PP account today and it was reversed by the evening.

    Amount I got was only 285$ in my PP.

    Now, I'm confused that where my 15$ went.

    Have PayPal deducted the reversal fees ? If yes, then would I get it back or not ?
     
    Active, Jul 13, 2010 IP
  2. twhiting9275

    twhiting9275 Active Member

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    #2
    Go through your transaction history. Why it was reversed should be there. I've never seen them issue a 'reversal fee', and they've reversed a few transactions on me.
     
    twhiting9275, Jul 13, 2010 IP
  3. deluxdon

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

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    #3
    If paypal deducted reversed transaction fees then you'll not getting it back. Maybe there is some problem in your given details for withdrawal. Contact paypal and ask them.

    DON.
     
    deluxdon, Jul 13, 2010 IP
  4. Moses8595

    Moses8595 Peon

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    #4
    You can not get it back....Check your paypal & bank account.The name registered on your PayPal account must match the name registered on your bank account...
     
    Moses8595, Jul 13, 2010 IP
  5. RightMan

    RightMan Notable Member

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    #5
    Blame this charge on the currency conversion rate. There is difference in the conversion rate for buy and sell and this charge is nothing but this rate difference. Paypal terms it as 'currency conversion cost'! :(

    Regards,

    RightMan
     
    RightMan, Jul 13, 2010 IP
  6. Active

    Active Well-Known Member

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    #6
    My withdraw status was showing "pending" and after 1 hours my paypal got limited. Then I called PayPal and they have removed the limitations. Now, would I get the reversal fees back or not ?
     
    Active, Jul 13, 2010 IP
  7. Active

    Active Well-Known Member

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    #7
    All details were correct, dude. :)
     
    Active, Jul 13, 2010 IP
  8. Active

    Active Well-Known Member

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    #8
    I know this rule, both the names are same.
     
    Active, Jul 13, 2010 IP
  9. China_girl

    China_girl Well-Known Member

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    #9
    Thatz good, that you called them and asked to remove the limitations for your withdrawal. I think you should check for all the transactions, check if anyone has asked for refund from your sales. This might be one of the reasons to cancel the withdrawal.
     
    China_girl, Jul 13, 2010 IP
  10. Active

    Active Well-Known Member

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    #10
    Neither anyone has asked for refund nor there are any chargebacks. It got canceled due to "limitation" only.
     
    Active, Jul 13, 2010 IP