Permabanned
- Joined
- 28 Nov 2003
- Posts
- 10,695
- Location
- Shropshire
I paid for a machine using Paypal on the 1st of November. It was nothing to do with Ebay. The seller received a message from Paypal saying they had my money but were holding it until i received the goods and confirmed receipt of them. He wasn't happy with this, and I could underatand why. So he issued a refund of the full amount. Once Paypal confired a refund had completed I paid him by BACS and received the machine the following day. It's fine.
Now my PayPal account page shows the refund from him as "Completed" but the return of it to my Paypal account as "Pending" I source Paypal payment funds from a dedicated bank account.
Reading up on this there's a delay to refunds back to my bank account, and once the funds are cleared through the system the money goes first into my Paypal balance, then automatically into the funding source, (my bank account).
As of just now it's still "Pending" can anyone say how long these things normally take please? I should have just done a BACS, but I thought Paypal would offer some protection.... I guess this is how they make additional money, holding thousands of people's funds as long as they feel the can get away with, accruing interest. Just curious as to what's a realistic real world time scale for this procedure. Thanks.
Now my PayPal account page shows the refund from him as "Completed" but the return of it to my Paypal account as "Pending" I source Paypal payment funds from a dedicated bank account.
Reading up on this there's a delay to refunds back to my bank account, and once the funds are cleared through the system the money goes first into my Paypal balance, then automatically into the funding source, (my bank account).
As of just now it's still "Pending" can anyone say how long these things normally take please? I should have just done a BACS, but I thought Paypal would offer some protection.... I guess this is how they make additional money, holding thousands of people's funds as long as they feel the can get away with, accruing interest. Just curious as to what's a realistic real world time scale for this procedure. Thanks.
I entered a loop where there was no apparent option other than listen to pre recorded "help" messages.
