PayPal withdrawals now instant?

[Trisha&ChrisPlant]

I tried to edit my post to respond to this. There's *nothing* you can do to stop the reviews. It's all on an account basis and not per transaction.

You just have to keep withdrawing money every day robot fashion until the review tag is taken off your account.

It's soooooooo annoying, isn't it. Sadly I don't have anything in my Paypal account at the moment, so can't even give it a try - but I suspect it'll be stuck in 'review' again when I try. Do they think we're scammmers, or what?? What sparks a review, I wonder?

 

[TheGeekestLink]

It's soooooooo annoying, isn't it. Sadly I don't have anything in my Paypal account at the moment, so can't even give it a try - but I suspect it'll be stuck in 'review' again when I try. Do they think we're scammmers, or what?? What sparks a review, I wonder?

It's INSANELY annoying! Especially as I've held my account in near perfect state for over four years (ie with only a handful of non-received items, etc).

The email said the computer chooses them randomly until it "calms down" (actual words used). So I'm determined to get past this and will keep withdrawing money every day.

Can you not stick some cash in every day from your own bank account? I know it's a fiddle but the PayPal rep did say taking money out every day would speed up the process.

Such a pointless faff that once again only penalizes the decent users.

 

[Trisha&ChrisPlant]

It's INSANELY annoying! Especially as I've held my account in near perfect state for over four years (ie with only a handful of non-received items, etc).

The email said the computer chooses them randomly until it "calms down" (actual words used). So I'm determined to get past this and will keep withdrawing money every day.

Can you not stick some cash in every day from your own bank account? I know it's a fiddle but the PayPal rep did say taking money out every day would speed up the process.

Such a pointless faff that once again only penalizes the decent users.

If I remember rightly, that's not as easy as it sounds. Tried to do it once and gave up - I think it takes three days - or at least it did at one time.

 

[andygambles]

Wait a minute. This "Feature" has been released as free. Worst case it takes 24 hours to get your money rather than 2. That is a vast improvement on what it was.

 

[TheGeekestLink]

Wait a minute. This "Feature" has been released as free. Worst case it takes 24 hours to get your money rather than 2. That is a vast improvement on what it was.

I agree. I'm not really complaining, although I used to take me a min of 3 days to receive money. So it's really not awful.

 

[alwaysinamess]

I just spoke with our PP account manager who is Irish, so he don't care, he said that Paypal are just being c***s.

They have been told they have to adhere to the faster payments thing where UK banks support it where a transfer takes up to 2 hours. However there is a loophole whereby they are allowed to 'hold' a transfer for up to 24 hours to do a security check so they are just abusing this loophole and holding every payment for 24 hours.

Either to earn the interest on the money for an extra day or just being petulant ****s because they've been told they have to do something.

Im not sure the trick is working anymore, for cashflow I would rather pay the fiver and have it instant than have to wait a day.

 

[Trisha&ChrisPlant]

I just spoke with our PP account manager who is Irish, so he don't care, he said that Paypal are just being c***s.

They have been told they have to adhere to the faster payments thing where UK banks support it where a transfer takes up to 2 hours. However there is a loophole whereby they are allowed to 'hold' a transfer for up to 24 hours to do a security check so they are just abusing this loophole and holding every payment for 24 hours.

Either to earn the interest on the money for an extra day or just being petulant ****s because they've been told they have to do something.

Im not sure the trick is working anymore, for cashflow I would rather pay the fiver and have it instant than have to wait a day.

Scandalous, just scandalous! But, didn't some on here say they had indeed received their payments instantly?

 

[alwaysinamess]

There is already a complaint in with the FSA but how long they will take..........

 

[andygambles]

Scandalous, just scandalous! But, didn't some on here say they had indeed received their payments instantly?

Yep our last 3 withdraws have all been instant.

 

[perpixon]

It seems random most come through straightaway some 24 hours large or small amounts don’t seem to make any difference.


If PayPal can do it how long will it be before the other payment processors do it?

 

[andygambles]

Apparently some of the Security Checks have been due to technical issues

http://www.bbc.co.uk/news/business-19756523

 

[dgoodhans]

The last couple of times I've withdrawn money from PayPal it has been transferred to my account instantly (or within 2 hours). Have they recently changed this as it used to take a few days?

with evolotion of new technology,it is apparent that e currency merchant like pay pal are determine to offer their client best services,only that it is really unfortunate that their services is not available in Nigeria no thanks to fraudsters

 

[dgoodhans]

The last couple of times I've withdrawn money from PayPal it has been transferred to my account instantly (or within 2 hours). Have they recently changed this as it used to take a few days?

with evolotion of new technology,it is apparent that e currency merchant like pay pal are determine to offer their client best services,only that it is really unfortunate that their services is not available in Nigeria no thanks to fraudsters

 

[TheGeekestLink]

Just a quick update: following PayPal's instructions of withdrawing a payment every day appears to have worked as the review hold is now only 4 hours...

So that's a same day withdrawal. Pretty good!

 

[Trisha&ChrisPlant]

Just a quick update: following PayPal's instructions of withdrawing a payment every day appears to have worked as the review hold is now only 4 hours...

So that's a same day withdrawal. Pretty good!

Lucky you - maybe I shall have to try that tactic. I've now tried to withdraw three times since they implemented the faster payment system on my account - and each time has been subject to their review. It's very annoying, they must think I'm some sort of scammer Why would they have to review three times?

 

[TheGeekestLink]

Lucky you - maybe I shall have to try that tactic. I've now tried to withdraw three times since they implemented the faster payment system on my account - and each time has been subject to their review. It's very annoying, they must think I'm some sort of scammer Why would they have to review three times?

Did you see my earlier post about what PayPal told me about this system?

Basically: withdraw an amount every single day without fail and the system will 'learn' and (slowly) remove the restrictions.

 

[Trisha&ChrisPlant]

Did you see my earlier post about what PayPal told me about this system?

Basically: withdraw an amount every single day without fail and the system will 'learn' and (slowly) remove the restrictions.

Yes, I did, and sadly I didn't learn from it! I'll try that starting today

 

[TheGeekestLink]

It really has worked for me and it only took a week to get it down to 4 hours...

The PayPal rep said it would stop altogether soon after (although she didn't say how long).

I can live with 6 hours

 

[Chris34]

For me sometimes it is 2 hours and sometimes it is a 1 day review. I'm happy to see it's a computer glitch though, the word review strikes fear into any Paypal customer who knows what they can be like. I even did a £100 withdrawal on Sunday evening and by 09:30 this morning it was in my bank account.

This extra speed is working wonders for my cash flow. I am able to buy more stock and increase my profits more in a very short space of time. Since this feature has been on my business is growing so fast I am struggling to keep pace. Win win situation, I benefit through getting the money faster and Paypal benefit through me buying more and selling more.



Chris.

 

[TheGeekestLink]

This extra speed is working wonders for my cash flow. I am able to buy more stock and increase my profits more in a very short space of time. Since this feature has been on my business is growing so fast I am struggling to keep pace. Win win situation, I benefit through getting the money faster and Paypal benefit through me buying more and selling more.

If only it was the same with my card transfers, which currently take 5 long days... /sigh

 

[alwaysinamess]

If you get the 24 hour hold message on the confirmation screen just do a backpage and submit the request again until you don't get the message. Just tried it and on the 3rd attempt it just said 2 hours....

it may take you more or less attempts