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Paypal payment reversed by the buyer’s bank

chattycathyuk
Posts: 211 Forumite
I received payment for a item on 30th of may and now i have a email saying:
We were recently notified that a payment you received was reversed by the buyer’s bank on 10th june. A bank reversal can be requested by the bank itself or the bank account holder.
We have placed a temporary hold on the funds until our inquiry is complete.
The money has now been took out of my account by paypal what do i do now???
We were recently notified that a payment you received was reversed by the buyer’s bank on 10th june. A bank reversal can be requested by the bank itself or the bank account holder.
We have placed a temporary hold on the funds until our inquiry is complete.
The money has now been took out of my account by paypal what do i do now???
0
Comments
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I expect that the direct debit used to get the payment fro mthe buyers bank has been returned unpaid. I have had this in the past, and it took about 45 days for paypal to eventually pay me back the money. Your account should be okay to use except that it does not show the funds for this payment.
I would suggest contacting the buyer to let them know and ask them to repay you.0
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