Bank Deposit to PP Account

MRMackenzie
New Community Member

When I downloaded my transaction statement, not just viewed activity on the app, it shows a few "Bank deposit to PP Account." It doesn't say anything else and is not related to any transactions. The amount IS deducted from my bank account! It has happened 3 times this year, right after a transaction was made. However, that previous transaction was fully deducted from my bank account. So it isn't like part was deducted from my bank account and part was paid through a PP balance. What is this?!?!?!

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1 REPLY 1

PayPal_Bindu
Moderator
Moderator

Hello @MRMackenzie 

 

Thank you for writing in the PayPal Community Forum and welcome!

 

I understand your confusion towards a few transactions reflecting in your statement. When you send a payment, PayPal will use your available balance and may try to debit from your linked bank/card if the balance is not enough to cover the payment. Bank transfers usually take 5-7 business days to reach PayPal system. It's possible that the transactions you're referring might be partially funded from your PayPal balance and bank account. Please note that dates on your bank account could differ from the actual payment dates. If you're still unsure of the transactions, please reach out to PayPal team to get these checked further. 

 

Hope this information helps,

Bindu 

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