paypal echeque what is it?

viney

someone has paid me by echeque paypal.

Can someone tell me what it is and why it takes so long to clear?

How is the person funding or sending this to make it an echeque via paypal?

Thanks

viney

yes it is showing in my pp account and i logged in to check it. it says will clear on 24 jan, but covering email says about 4 days.

A_brand_new_year

These are just like a normal cheque but easier as you don't have to go to the bank.
Paypal will email you as soon as the cheque clears, so like the post before said, don't send anything til then.

It takes so long as it has to transfer the money from the buyers account into Paypal, then into yours.

Nothing to worry about.

LULUBELLE_2

viney wrote:

yes it is showing in my pp account and i logged in to check it. it says will clear on 24 jan, but covering email says about 4 days.

I was paid by e-cheque once, it took 7 days to clear - they say 4 days, but it's working days and unless it's a Monday it's 6/7 days. Ebay mailed me when it cleared.

soolin

My latest echeque only took 5 working days to clear, in the past they have taken up to 11 working days by which time my buyers were starting to get worried.

Always tell your buyers what is happening, I often send a copy of the paypal mail and explain that I will only be shipping once the payment clears, I then re contact them in a week if it hasn't cleared and just explain that there is a delay, and i then email then when it does clear and I ship the goods.

Soo

scooter100_2

i was having a look through my paypal preferences the other day and there is blocking function for echeques which i have now activated.i have only ever recieved one but it took 2 weeks to clear so hopefully i wont be getting any more.

sa1nt

Didn't know you could block them, BRILLIANT, thanks.
I have had several & they have all taken at least 11 days to clear. It really annoys me that paypal say will take 4 days.
Maybe I am too trusting but I send the item as if it is a normal payment. I presume the money comes out of their bank account straight away & it is only at our end that
takes the time?

Off now to find the blocking function asap.

Best wishes
Julie

samanthaknd

gizmoleeds wrote:

Whoa! Beware that this could be a scam. Don't sent any items until you have your money.

Do you just have an email or are the funds actually showing in your PayPal account (nb. only logon normally by typing https://www.paypal.com into your browser - do not follow any links in emails.

Quidco pay by echeque and I haven't had any probs with them. Just make sure you DON'T send items out until the funds have cleared

tigermatt

I have a direct debit from my bank account which takes the money straight away when I pay via paypal. I once had to pay via eCheque when I forgot to change the credit card expiry number, and paypal said that they couldn't do direct debit because the credit card was out of date and they didn't have a backup funding source should the direct debit fail.

I don't like them and my eCheque payment I sent took 14 days to clear.

See the paypal description: https://www.paypal.com/uk/cgi-bin/webscr?cmd=_help-ext&ui_mode=answer&prior_transaction_id=0&action_code=4&answer_id=1530200&leafid=1743&_PPP=511&_PPC=54&_FI=eCheques