Refund To Paypal - Place On Hold?

Found 3rd Jan 2009
I had a refund from Memorybits as they had no stock, I'd paid by Paypal and they've refunded me via Paypal.

Anyway Paypal have placed the refund on hold,

"Temporary Hold Information: This temporary hold was placed because your Direct Debit or Bank Funding payment was denied, cancelled, or refunded.The funds from this payment cannot be released until they have arrived from your bank account, which usually takes 7-9 working days.
Subject:
You have sent £17.00 GBP to PayPal with PayPal"

My bank was debited for the £17.00 a couple of days a go, How long does it usually take Paypal to update and release my funds?

I hate Paypal

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11 Comments

i had same problem last year for over £11000, they took over 6 weeks to sort problem and release, and offeredd £100 compensation for their mistake, good luck

Original Poster

exclusivesat;3933363

i had same problem last year for over £11000, they took over 6 weeks to … i had same problem last year for over £11000, they took over 6 weeks to sort problem and release, and offeredd £100 compensation for their mistake, good luck



Wow, £11000 and over 6 weeks you must of been well chuffed, I bet £100 compensation didn't make you much happier?

Doesn't sound good for me then, Luckily it's only £17.00.

Thanks

i had this happen to me ..even thought the money is out of your bank account it takes "up to 7working days"for it to reach paypal......so even though you had a refund ..the original payment that was made was made by paypal...then they take the cash from you..they wont have recieved that payment yet...even if its out of your bank account............thats where it all goes slow!!!!!!!!!!it took about 10 days for mine to sort itself out..

they done with me just yesteraday. 135 quid, will never see it most likely!!

Banned

it can take upto 21 days for this to be sorted i had same problem when i bought a credit note n here from someone for over 300 quid they changed their mind and said it was lost on the way to the post office and refunded me... i waited and waited then sent a few letters to paypal asking why it took so long when bank transfers are all pretty much instant these days and added a bit of a rant and they released it!!!

Temporary Hold To PayPal 2 Jan. 2009 Placed Details -£135.04 GBP

That so sucks, i was just about to bid on a PC as well

Banned

strike;3934304

Temporary Hold To PayPal 2 Jan. 2009 Placed Details … Temporary Hold To PayPal 2 Jan. 2009 Placed Details -£135.04 GBPThat so sucks, i was just about to bid on a PC as well



is yours on hold for same reason or not?

if you can refund 1p it can release your funds or it used to

refund 1p, i sold an item and that happened!!

I dont think i will ever see that 135 quid and i have to give the buyer his item

Banned

strike;3935498

refund 1p, i sold an item and that happened!!I dont think i will ever see … refund 1p, i sold an item and that happened!!I dont think i will ever see that 135 quid and i have to give the buyer his item



you mean you sold an item and it was put on hold?

standard ebay/paypal practice for most high priced items these days on hold for 21 days or gorra wait for positive feedback even then it takes a while...

youve gotta have 100 feedback or so to not have it happen

just refund the buyer 1p and should release your funds.....unless theyve pulled the glitch

Hi have paypal found out the 1p trick tried it on four transactions and no luck still on hold so paypal now are hold £1000 of my money i have asked the buyers to leave feedback before i ship the item which 1 has but waiting on the other 3

This has happened to me now. brought an item on ebuyer £500 laptop.

Purchase refused because my address in Paypal has my street directly after the house name. In ebuyer its on two separate lines.

Anyone offer any advise in speeding up the process? Name of CEO?

Help...
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