PayPal Withdrawal

I sent an amount of money from my PayPal account and its still pending. I know they have the right details because of the test ping from PayPal when I set it up. I know it’s not a PayPal problem as I did a test payment from my bricks and mortar bank and it arrived instantly.

Hi!

You might find this thread useful. It sounds like PayPal may delay payments to newly added bank accounts. :slightly_smiling_face:

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Thanks, I’ll take a look.

My first payment to Starling Bank took 24hrs, once the payment came in, further transactions were instant. I think it’s because you have added a new bank.

Yeah, probably fraud checks.

I also discovered withdrawing while abroad can add a massive delay. Not fun when the girlfriend has just sent £200 across to spend.

Get a PayPal Access Mastercard Debit card and you can then just use that card to spend the money in your PayPal account

True, but that isn’t great if you want all your transactions in your Monzo feed :confused:

Incidentally, what’s the foreign exchange rate like on those?

Never paid any attention to the exchange rate as normally use a regular bank card and just use the PayPal debit card if I want to access cash quicker than the usual PayPal withdraw to bank method

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