How many times will PayPal retry to make a payment if you don't have enough in the bank

Kcbell92
Contributor
Contributor
Long story short I tried to transfer money from my PayPal to a friends paypal & they told me not to worry so I attempted to cancel the payments. But the payments didn't cancel they went through putting my bank into negatives, then it re tried the payment but I did notice that I got refunded for the payment also, at least I think. So any ideas how many times PayPal will try to make the payment if there is not enough money in the bank
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7 REPLIES 7

DPCreations
Frequent Advisor
Frequent Advisor

PayPay will generally make 2 attempts to get funds from your bank account.  The bank can charge NSF fees for each failed attempt.

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Kcbell92
Contributor
Contributor
But after the second attempt at retrying, will PayPal still continue to charge me then is my main question now
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DPCreations
Frequent Advisor
Frequent Advisor

What do you mean by "continue to charge me"?

Where the funds sent to the recipient?

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Kcbell92
Contributor
Contributor
I mean after 2 times of charging me will PayPal continue to try to put the money through on my bank account & no it didn't go through but my bank still had money taken out unless they refund it soon
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DPCreations
Frequent Advisor
Frequent Advisor

Still trying to figure out your short story.

You sent money to another party as friends/family.  The other party received the money.

You did not have funds in your PayPal acccount so PayPal made 2 attempts to take money from your bank account, but they both failed.

You bank charged you 2 x NSF fees which you find in your bank account.

Your PayPal account is currently negative.

 

You will now need to find a way to add funds to your PayPal acocunt to pay off the debt.  If you don't, PayPal will sell the debt to a collector.

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Kcbell92
Contributor
Contributor
Okay I'll be more clear. I sent money to a friend. They said don't worry about the money so I cancelled the three separate payments I sent them. Then I didn't have the money in PayPal so I used my bank account. So I'm worried that PayPal will continue to try to take money out of my bank account because I cancelled the funds transfer because my friend said he didn't need the money but I cancelled it & it went through anyway
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DPCreations
Frequent Advisor
Frequent Advisor

How did you cancel three separate payments to a friend?

You're missing a lot of details.

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