Pending transaction

Izac3
Contributor
Contributor
Hi payment i received from personal account as friend family but the money in hold since 14 Oct the transaction ID 21G545304S207044K the amount is 2.180,00 kr same person send me also after that and its went normally so why first transfer set in hold and not release after 24hr ! Any help ? Thx
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5 REPLIES 5

kernowlass
Esteemed Advisor
Esteemed Advisor

@Izac3 

 

Do you mean pending or on hold for review?

Paypal often randomly checks friends/family payments to make sure they are not being used for selling/buying transactions to try and avoid paying any paypals fees. That would be why x1 was randomly selected and if it passes released after 24 hours.


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Izac3
Contributor
Contributor
Hi thx for replay... Yea its Pending not hold since 14 Oct so its more than 24hr
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Izac3
Contributor
Contributor
I uploaded 2 screenshot in my profile about the pending transaction dont know if can see that !
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kernowlass
Esteemed Advisor
Esteemed Advisor

@Izac3 

 

Transfers funded from bank accounts are never instant as Paypal use electronic transfers ie echeques (cheaper but slower).

Funds normally leave your bank account from a few hours > few days later but they take several working days to clear through to the seller/Paypal as they go via ACH in batches.

Its called instant because normally Paypal credit the seller upfront and then Paypal take the wait for the funds to transfer, this is so you get your item without delay.

However there are times however when its you and the seller / recipient that take the wait for the echeque to clear and here are some of the reasons...

1. Back up card has expired or needs updating.
2. You have had a recent negative balance or failed bank transfer (so paypal are not going to credit the seller in advance in case it happens again).
3. For some high cost riskier payments / transactions.
4. Friends / family payments *funded from a bank account* as this option is free then its you that takes the wait this time.
5. Clearing a negative balance.


Advice is voluntary.
Kudos / Solution appreciated.
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Izac3
Contributor
Contributor
Thank you for replay and info 👍
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