hold inquiry

cat349
Contributor
Contributor

If I receive cash deposited to my account (not sale related, just a transfer of funds), does paypal put a hold on those funds? If so how long before I can access my money?

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kernowlass
Esteemed Advisor
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@cat349 

 

Have you set up a balance account?

Have you set up the auto direct bank transfer?

If so the funds shouldn't go on hold but sometimes paypal may 'review' payments.

https://www.paypal.com/us/cshelp/article/how-does-direct-deposit-work-help813

 

 


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kernowlass
Esteemed Advisor
Esteemed Advisor

@cat349 

 

Depends how its deposited ??

 

Direct bank transfer?

Sent using friends/family?

Send using goods/services? 

Funds added by bank account?

Funds added by card?


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cat349
Contributor
Contributor

Direct bank transfer from a lawyer's office.

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cat349
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Contributor

It will be a direct bank transfer from a lawyer's office.

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Solved

kernowlass
Esteemed Advisor
Esteemed Advisor

@cat349 

 

Have you set up a balance account?

Have you set up the auto direct bank transfer?

If so the funds shouldn't go on hold but sometimes paypal may 'review' payments.

https://www.paypal.com/us/cshelp/article/how-does-direct-deposit-work-help813

 

 


Advice is voluntary.
Kudos / Solution appreciated.
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