My current bank account is effectively non-functional at the moment because, according to Barclays Bank, there have been some problems created by PayPal being lax in their requests for payment. They apparently did not take the payments from my account for 10 transactions made and paid for on 11th May until 25th May when they requested a lump sum for all transactions involved. This has caused me to become £94.12 overdrawn, money which I no longer have available and for which the bank should have still had reserved for PayPal but apparently did not. Barclays paid PayPal because they say that these transactions had been authorised by Barclays on 11th May when first requested to be reserved. They were originally removed from my available balance. This has effectively caused my account to cease functioning till I can get this issue sorted out. A total of 14 transactions were made and all were seemingly authorised on 11th May, but only 4 appeared on the statement dated 13th May while the other 10 appeared on 25th May which has caused the issue.
I spoke with both the bank and PayPal , the bank blame papal while papal cannot see any issues as all the transactions instantly within seconds of each other barring one which I had to transfer money over for (times of transactions have been supplied by PayPal while Barclays are oblivious to that information). I don't believe I am simple but I was under the impression that the point at which it appears on you bank statement means the deed was done a couple of days prior, that I presumed was when my money was removed from my available balance, handed to PayPal and given to the seller on my behalf. If that's not how this works, where money changes hands and seller content to send out the item then I have no idea what I am doing and I have been a member of both E bay and PayPal since 2006! As no one said anything to the contrary I have always assumed all was well.
So can anyone suggest A) who's to blame for this mess which has raised my stress and blood pressure levels causing undue suffering and B) how do I get out from this tangled web of financial gobbledegook which seems to be a blame game that I am pig in the middle of.
I just don't understand , if the sellers were paid at the time, how I can now owe the bank nearly £95 and my current sellers cannot be paid because of it.
