paypal australia takes days to reach aussie bank account ? why

[4ewesonly]

hiya,

Does anyone know why it takes 4 or 5 days for payment to come from PAypal Australia to your own Australian bank account  ?

TIA

[siddieswans]

Have you followed the steps here?

https://www.paypal.com/au/webapps/mpp/consumer/set-up

[shcroc-62]

This is contrary to law in australia and contrary to fact. Whilst it is true that credit card transactions are not immediately finalised debit transactions are. At debit request the funds leave the account and are transferred overnight to the recipients bank. PayPal operate a bank account in Australia which you can confirm by calling your bank and asking where the funds were transferred to. They will advise a bank account held in South Australia (from memory). Thus it is a lie that the transaction takes so long. The funds are in a PayPal account overnight on a weeknight. At least in Australia. Currently I am waiting four business days.. three after the funds are already in PayPal’s account.

[davewil1964]

I doubt the situation SEVEN years ago is relevant today.

My transfers from Paypal take less than a day. I usually withdraw money on a Sunday evening and it's in my bank account by lunchtime on Monday. It depends on what bank you use, not Paypal.

So your 'information' is not necessarily accurate anyway.

[lyndal1838]

*sigh*    Another newbie to the boards who has not looked at the date on this thread.

The information you are disputing was correct 7 YEARS AGO when the thread was current.

All banking transactions are faster now than they were all those years ago.....who would have thought back then that it would be possible to transfer payments between banks in a matter of seconds.

[*tippy*toes*]

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@lyndal1838 wrote:

*sigh*    Another newbie to the boards who has not looked at the date on this thread.

The information you are disputing was correct 7 YEARS AGO when the thread was current.

All banking transactions are faster now than they were all those years ago.....who would have thought back then that it would be possible to transfer payments between banks in a matter of seconds.

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Not to mention that the mods had moved the 7yo thread too. I'm guessing after it was bumped, but still completely pointless.

[pramuchir0]

Hi which bank do you use here in Australia that supports paypal transactions.

[davewil1964]

OP hasn't signed into the board for two and a half years, so you are unlikely to get a reply.

Most banks will support Paypal transactions, so your question needs more elucidation, preferably in a NEW relevant thread.