Paypal Clearing Time from Bank Transfer

DAVELun
New Community Member

It is so ridiculous that it takes several days to move money to post in Paypal from a bank transfer. Give me a break. It is quite obvious that Paypal is all about the benefit of the float time. I am surprised in this day and age that we'd consider this acceptable, given the fact that funding can take place practically in real time between entities. Very bad policy and poor customer service. I've been a supporter of Paypal for years but I've just about had it with this process of funding.

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15 REPLIES 15

surplusdealdude
Advisor
Advisor

Paypal does not "use" the ACH - they use Wells Fargo and THEY use ACH.

 

Paypal is governed by the same rules other companies are and they are free to set their contractual arrangements up in whatever way works.

 

Nobody's forcing you to use them.

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Kahuna
Contributor
Contributor

It doesn't matter who PayPal uses - you're splitting hairs on pig fat.

 

That "nobody's forcing you" stuff is BS. That's as ridiculous as saying no one's forcing you to drive a car, use the highways, use a computer, a cell phone, sit on a toilet or breath air.

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surplusdealdude
Advisor
Advisor

That "nobody's forcing you" stuff is BS. That's as ridiculous as saying no one's forcing you to drive a car, use the highways, use a computer, a cell phone, sit on a toilet or breath air

 

You're point is...?

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Ballsz1
Member
Member

I've got (3) accounts w/Wells Fargo.....all the more reason and incentive the the Banking Co. expedite secured money transfers!

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Ballsz1
Member
Member

Right.  Like you read all your contracts word for word.......you would be better devoting your efforts towards the "float time" theory.

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PayPal_Adrian
PayPal Employee
PayPal Employee

Hi All,

 

I am going to lock this thread. It has gotten very off topic with interpersonal disputes. Please refer to the Forum Decorum thread for posting expectations.

 

Adrian

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