Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #1359713

Complaint Review: PAYPAL - Nationwide

  • Submitted:
  • Updated:
  • Reported By: KimLane — Denver Colorado USA
  • Author Not Confirmed What's this?
  • Why?
  • PAYPAL Nationwide USA

PAYPAL HOLDS your money for DAYS after you try to transfer to BANK ACCOUNT San Jose California

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

On Feb 22  I sold an item on eBAY . Funds  were to be deposited into my account 3 days later from the sale, which would be Feb 25.  The funds did not hit my Paypal account until Thursday, March 2.  IN addition, the website stated funds would not be available in my bank account until the next business day. So PAYPAL charged me twice- the fee for processing my funds (approximately 2.5 % of the transaction cost), as well as getting to sit on my money overnight and earn interest. WORSE,  the next business day, Friday, Mar 3, THERE WAS NO MONEY TRANSFERED INTO my bank account.

I called the bank to see what the hold-up was. They said we DO NOT see any deposit for this money coming into the bank.  They said you have to call Paypal about it.  I called Paypal today, Saturday,  Mar 4,  they said, " FUNDS WONT BE AVAILABLE FOR 3 -4 business days !!!" 

I told them that when I transfered the money to my bank  it said it would be there the next business day. THEY do not get to hold my money for 3 - 4 business days.  They said call your bank. The interest they are earning on these holds of depositors money is the reason they keep you from getrting your money.  It is out and out FRAUD to tell people we will goive you your money the next day, then sit on it for  several days for no reason. I WANT MY MONEY NOW.

 

 

 

 

 

This report was posted on Ripoff Report on 03/04/2017 08:41 AM and is a permanent record located here: https://www.ripoffreport.com/reports/paypal/nationwide/paypal-holds-your-money-for-days-after-you-try-to-transfer-to-bank-account-san-jose-calif-1359713. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now