Change payment method for a declined electronic funds transfer

jen_legendary
Contributor
Contributor

Hi,

 

I recently send a friend some money using funds from my bank account. The transaction went through and she received the funds, however a couple of days later I received emails from Paypal saying "Your bank declined your electronic funds transfer" due to insufficient fund. I found out what the problem was, that I accidentally chose my savings account as the funding source, which I think doesn't allow transfers to any other account other than to my checking account. 

 

Paypal said they'd reattempt the charge in the next 4 business days. I've since changed my preferred payment method to my checking account, which has enough funds to cover said transfer. Would they attempt to charge my checking account, or keep attempting to withdraw from my savings which won't allow it even when there are enough funds?

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