Is Paypal Ripping Me Off?

smartie1976

Have you double checked you have the correct bank details in paypal.
before everyone slags off paypal etc etc (which lets face it is a favourite topic to many, yet whom still continue to use it), lets check the OP has got all his details correct.

This should have been the first question any replies asked.
As the OP is "new", we have no knowledge of how long they've traded or if they've withdrawn before.

jayok

I transferred money on Sunday, it is now in my bank account

I would check your account details and get onto the phone to them

jarrod1

you dont have to use paypal
there are other ways of paying and receiving money
if you do use paypal then dont complain about it.

i have never waited more than 5 days for a bank transfer from my paypal to my bank account.

charlottevwa

My PP money always goes in after 3 working days... 4 days maximum. I am with natwest though, and they tend to be quite quick with that sort of thing

BigCraigJohn

Really varies, I had a lloyds business account which took 6 days but when I withdrew to a standard select account it took under 3.
I'd check your paypal preferences and make sure everything is correct.

BigCraigJohn

smartie1976 wrote: »

Have you double checked you have the correct bank details in paypal.
before everyone slags off paypal etc etc (which lets face it is a favourite topic to many, yet whom still continue to use it), lets check the OP has got all his details correct.

This should have been the first question any replies asked.
As the OP is "new", we have no knowledge of how long they've traded or if they've withdrawn before.

Have to agree here, from what I gather theyre cheaper than getting a bank to take payment, in over 5 years ive only had 1 or 2 problems, mainly verification problems to do with money laundering but easilly sorted, thats eu law or something so understandable, then youve got the fact its linked to my ebay account and keeps all my sales in order. These people that say they wont accept paypal anymore, just see how long you last selling on ebay, in my experience about 90% of my sales are paypal and ive picked up serious bargains from those people "wont accept paypal due to ridiculous charges" etc, surely would of been better off getting 50% more the item and paying a 3.5% fee.

freddysmith

5 working days for me.
18 days something is wrong
Check with Paypal what it is.

iwantmymoneyfromebay

I'm pleased to say some withdrawals are now credited to my account.
In reply to some of the posts - I've used ebay/paypal for a few years and my bank details are correct. In the past it has usually been about two weeks for it to arrive and I'm amazed some of you are quoting 4 days. I've always felt it was too long and I had the same problem with echeques coming to me. For a while I refused to accept echeques because of the time involved but as commented this can impact on sales. No doubt Paypal will blame my bank but I've always been suspicious of them mainly because I have found their customer service to be very poor and unresponsive.

Avoriaz

I withdrew £150 two days ago. I will see how long it takes to arrive in my First Direct account.

On a related point, a seller refunded my payment of £133 over a week ago. Paypal say it is pending and will take 7 days to clear into my account. It is now 10 days and it has still not cleared.

I have tried querying it on line but their query system always stalls at the “insert transaction number” point. I haven’t bothered phoning yet but I will soon.

I suspect they deliberately stall on paying money as it earns them a little bit of interest and all the little bits add up to a very big bit of money

user051105

withdrew money last friday got yesterday