My PayPal Withdrawal Delayed | Ramblings of an e-trader

Saturday, 5 April 2008

My PayPal Withdrawal Delayed

Last couple of months, while I tracked the progress of my friend's PayPal withdrawal that until today is not solved, I was wondering if it was an isolated case of bad luck.

I initiated a withdrawal of US$500 on 1st of April and expected the money in my Public Bank Visa Electron Debit Card last evening but until now I did not see the funds.

This morning, I called up Public Bank Card Services Department regarding another issue and I asked the lady if she sees any pending funds to my card and she said no. Hhmmm In my case, the PayPal status of my transaction is showing "Completed" so this delay could be on the side of Visa.

I hope that the funds will clear this evening. I KNOW that PayPal did say that we should allow 3 - 5 working days for the funds to clear. However, from the tens of times that I have made a withdrawal, all took only three days. However, I noticed that although my funds used to arrive at approximately 4.30pm, it got later and later until the previous withdrawal only arrived at 7pm, but still, it was on the third days.

This year, a couple of my friends have informed me that their withdrawal took longer than usual too. I wonder if this is a global problem or only affects Malaysian members. Well, I hope to see my funds this evening.

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