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on 01-08-2014 07:50 PM
I have read that PayPal statement previously.
However, I think that PayPal put the onus back on the banks. 'Depending on your banks' schedule for completing transfers' - what a load of hogwash. Anyone who does internet transfers KNOWS that it doesn't take 3-5 days.
And when taken into consideration that PayPal is a financial institution in Australia, it shouldn't take 3-5 days for the money to be lodged into a person's account. As I said above bank to bank - overnight.
And I'm sorry, but I do not believe the guff from PayPal that it takes that long.
Also read my reference to e-Cheques. Any 'normal' cheque takes only 3 days to clear - why should an eCheque take 5-7 days to clear (PayPals statement, not mine).
'Money, money, money, makes the world go round' ...!!!!