PAYPAL - Transfer To Bank Account status still Pending after 24 hrs ???????

This is the message i had sent to paypal Customer care

Form Message
customer subject: Withdrawal made to my bank account on April 8th is
still in Pending status
customer message: Transaction ID
Additional Information: 'Dear sir/madam
I had requested withdrawal to my bank
account on April 8th 2010.In my account it still in pending status.It
seems that u had not transfered the fund to my bank account.I had also
requested withdrawal to my bank account on April 11th 2010.But its
status is completed no problem with this transaction.Kindly check the
transaction #xxxxxxxxxxxxxx .Transfer the payment to my bank
account.Otherwise cancel that transaction and reverse the fund to my
Paypal account,I will request an new withdrawal.Kindly do the needful.

REPLY FROM PAYPAL
Thank you for contacting PayPal.

I apologize for the inconvenience that you have experienced with regards
to your recent withdrawal. Since an issue occurred on the withdrawals
that were processed dated April 7, 8 and 9, we went ahead and reversed
your withdrawal along with the fees so that you can process it again
today. Also make sure to select a purpose code for your withdrawal to
avoid delays with the process.

I'll be glad to hear from you if you need clarification and we will do
our best to give you immediate answers. Thank you for choosing PayPal
for your online payment needs. We appreciate your business.

Sincerely,
Cherryl
PayPal, an eBay Company

They had reversed fund to my account and charged Rs.250 as cancel fee.

 

Dude how did you contact them by mail to or through paypal contact us page?? can you please provide the details here?

 

Paypal guys are absolute morons. I sent them three mails regarding the pending status of my withdrawal for April 7th. I explained everything in detail and asked about the problem. All I get once more is this crappy reply all over again. Idiots. Not one answer is relevant to the question. This looks like a long wait guys for all April 6, 7 and 8, if you haven't received any positive response from them.


Dear ,

Thank you for contacting PayPal.

Hi, my name is Ryan and I will be happy to assist you in getting this
issue resolved quickly.

I understand that you would need further assistance regarding your
pending bank withdrawal on April 7, 2010 for the amount of Rs.XXXXXX
INR. Let me further assist you with that and please accept our sincerest
apology for the inconvenience this issue may have caused you.

X, I just want to let you know that Electronic transfers to your bank
account usually take 5-7 business days but might take up to 14 business
days to process. Holidays and weekends are not recognized as business
days for most banking facilities, which may result in a delay in your
banking transactions.

Please note:

* PayPal has no control over the length of time it takes your bank
to post their credits, and we do not receive confirmation when your
credit has been received by your bank
* Usually, if there is a problem with the transfer completing, it is
rejected back to PayPal and the funds are reversed back into the PayPal
account
* At this time, this transaction has not been rejected back to us.
Therefore, we suggest that you contact your bank and ask to speak with
someone who works with Electronic Funds Transfers. This Department
should be able to verify that your deposit was received.
* If you are unable to locate the deposit at your bank, and the
status of the transaction is still listed as completed, we can initiate
a trace on these funds once 14 business days have passed. In this case,
please contact us and our Customer Service will provide all the
information to initiate the trace procedure.

Thanks for your patience and collaboration.

If you have more questions regarding your PayPal account, please do not
hesitate to email us back or kindly visit www.thepaypalblog.com.

Sincerely,
Ryanpy
PayPal, an eBay Company

 

Just read this on the paypal blog. Great, at least this guy has put the message across loud and clear.

Nasim April 12, 2010 at 7:04 am
Hi Farhad
Again paypal withdrawal to indian Banks is showing a collapse. Amount withdrawan to indian Banks on 7th,April status shows pending. Neither your customer care executive can explain nor paypal issues any notice of inconveniences . what a unprofessional approach from paypal for indians.
Even payapl does not restore the balance by cancelling the bank transfer.
what words would be used to curse such paypal unprofessionalism.
why not paypal issues any notice if any difficulty arises in advance.

Hope this message must be conveyed to your corporate heads to take
a earliest steps.
Thanks

 

the cacnel fee of rs 250 will be credited to your a/c provided u have to mentioned it to them otherwise u cant get it automatically .

 

Read:
http://digital.venturebeat.com/2010...&utm_campaign=Feed:+Venturebeat+(VentureBeat)

 

they will return your charges in a few days... I have noticed in some earlier threads also

 

yep right mate

 

okay anybody here who withdrew late night on 12th and has status as "COMPLETED" . I got my previous withdrawal cancelled and now want to be sure that it's working before I withdraw again. Please help guys

 

13-Apr-2010 Transfer To Bank Account Completed

 

when did you withdraw PAL.
btw, thanks for your advice about the cancellation . I got the amount back but, some dollars are missing - I hope they refund that too

 

is it advertisement thread??

 

reported

 

just 24 hrs 22 mins back from now .
call them again and tell them due to their system fault u lost $$$ and when u inititate last wd indicate that $$ and also show them how much u receive .
explain all details .
u will get the balalce very soon

 

hehe good choice

 

u withdrew on 13th . AND received the money in 24-25 hours . really? or am I getting you wrong?

 

the status just changed from pending to completed .
money will be deposited Friday evening
because 14 and 15 th r holiday

 

chalo then I'll withdraw now and tomorrow is a holiday here but it's a working day in US, so by Wednesday night or Thursday morning (IST) it should get in status "Completed" and then the money may be received on Friday and Saturday . HOPEFULLY..

 

your status should be completed in pp a/c after 24 hr 15-30mins ( from request time).
good luck

 

Thanks a lot buddy I will go ahead now and keep you posted. Good night !