Never use bank account as paypal method of payment

PaulStat · 8 Aug 2006 at 10:53

I've just learnt this the hard way, my credit card had expired so I decided to use my backup, my bank account details. Little did I know it would take 7-9 days just to clear!!!!

How bloody crap is that, and I can't cancel it grrrrrrr :mad:

Wyvern971 · 8 Aug 2006 at 11:51

Well that and if it's a credit card it's not your money so the chances of getting it back are far greater should you get scammed.

Teal · 8 Aug 2006 at 11:55

Sounds like you've never verified your bank account details and so it is using an e-Cheque instead of a debit direct from your account.

PaulStat · 8 Aug 2006 at 12:01

Teal said:
Sounds like you've never verified your bank account details and so it is using an e-Cheque instead of a debit direct from your account.

Nope they're all verified

SourChipmunk · 8 Aug 2006 at 12:05

I had the same problem when I made a transfer. Ended up taking 3 days instead of the 5-7 they said it could take. Still a minor nuisance, though, especially if you're not expecting it (first transaction). From now on, I'll know to give them time.

chimaera · 8 Aug 2006 at 12:45

I have my bank account set up as primary and its an instant DD transfer :confused:

Teal · 8 Aug 2006 at 12:56

Same here, I still say that 7-9 days sounds like an e-Cheque.

PaulStat · 8 Aug 2006 at 13:05

Teal said:
Same here, I still say that 7-9 days sounds like an e-Cheque.

Nope

Doug · 8 Aug 2006 at 13:37

chimaera said:
I have my bank account set up as primary and its an instant DD transfer

Ditto. Though it takes a day of two to show up, the payment itself is immediate.

loopstah · 8 Aug 2006 at 14:48

Have you got your debit card registered as well? I have the bank account and debit card registered and I get instant transfers.

My sister only has her bank account and it makes her do e-cheques.

SidewinderINC · 8 Aug 2006 at 14:51

loopstah said:
Have you got your debit card registered as well? I have the bank account and debit card registered and I get instant transfers.

My sister only has her bank account and it makes her do e-cheques.

thats correct

i had to use E-cheques for the first few months, and it sucked. even though a few sellers just sent the stuff straight away

Van Hellseek · 8 Aug 2006 at 14:51

instant DD here too. never had to wait.

cheets64 · 8 Aug 2006 at 14:57

I am pretty sure it says when to confirm payment that it will take 5-9 days for payment to clear.

Certain.

Tasocahtfu · 8 Aug 2006 at 15:46

Not quite sure what's gone on there then, I bought something from the bay through paypal yesterday and the payment went instantly? Or is that because they own Paypal? Never used paypal for anywhere else so not entirely sure.

iGiDK · 8 Aug 2006 at 16:55

Bought an item on ebay on Thursday via a Paypal Instant Bank transfer and the funds were debited from my bank account yesterday

The seller always receives the funds instantly into his paypal account when you make the purchase unless of course you send an e-cheque