Transfer to bank account is reversed to paypal

harisreedhar
Contributor
Contributor

Problem with withdrawing money from paypal account to bank account. The status says it "completed" transferring to bank account. Next day the amount is "reversed" from bank to paypal account. It is happening as a loop. My bank account is verified and i had no issues before.

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3 REPLIES 3

kernowlass
Esteemed Advisor
Esteemed Advisor

@harisreedhar 

 

Check with your bank?

 


Advice is voluntary.
Kudos / Solution appreciated.
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harisreedhar
Contributor
Contributor

I contacted the bank. They say there is no issue with account accepting payment. They asked for reason for the rejection. There is no information in paypal about the rejection, it says "reversed" no other info.

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PayPal_Ajay1
Moderator
Moderator

Hello @harisreedhar  
Welcome to the PayPal Help Community and thanks for posting here!

I do understand your query about transferring funds to your bank account. Please get in touch with our support team to know what can be done next or to get an understanding of the possible solution to the issue raised. You can follow the link to contact our support team www.paypal.com/cshelp/article/help378 .
Hope this information helps,
Ajay

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