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My transfer from paypal to my bank account took only few minutes!!

Discussion in 'Business & Tax Advice' started by fuhrer1, Oct 3, 2012.

  1. fuhrer1

    fuhrer1 BANNED BANNED

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    I don't know what happened I used to wait like 4-5 days to arrive but earlier this evening I was so happy when I saw the amount transfered nearly immediately to my bank balance.
    Its a UK paypal verified but there are still the £1900 receiving limit.
    Anyone had the same thing?
     
  2. shaddelick

    shaddelick Regular Member

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    Lol, never happened to me before, thats cute
     
  3. shailzrocks

    shailzrocks Jr. Executive VIP Jr. VIP Premium Member

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    Was it CITI bank?
     
  4. fuhrer1

    fuhrer1 BANNED BANNED

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    No It was Lloyds tsb
     
  5. jdstudio

    jdstudio BANNED BANNED

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    maybe you are a big client :)
     
  6. TheViceroy

    TheViceroy BANNED BANNED

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    That's amazing. My transfers to my bank usually take 2-3 days before they arrive. Impressive!

    I wish I had your account.
     
  7. nickk

    nickk BANNED BANNED

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    Paypal due to European rules HAVE TO sent all European bank transfers within 1 day.
    Maybe you were lucky and did withdrawn just before they mass sent out all customers money.
    I always receive my money next business day
     
  8. joshweaver9

    joshweaver9 Senior Member

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    Dang!!! You are awesome bro!!

    Actually I'm pretty curious as to how that happened.
     
  9. YugiMutou

    YugiMutou Junior Member

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    Maybe it was your lucky day or maybe Paypal was like I know this person really needs there money so we're not gonna delay.
     
  10. fuhrer1

    fuhrer1 BANNED BANNED

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    I think Nickk is right coz I just made another transfer, received it within 1-2 minutes
     
  11. kingdom88

    kingdom88 Newbie

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    Awesome ! I need 3-4 days to recived my $ . :chef2:
     
  12. ExtraWinner

    ExtraWinner BANNED BANNED

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    Not really, it happened only once to me in last 5+ years. I do not think this is mandatory for them as they are not a bank.
     
  13. redclover

    redclover BANNED BANNED

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    Well that is amazing. It must be because of the EU and different policies than the USA and Canada. Oh well cannot complain about receiving money faster. RedClover
     
  14. worldismine

    worldismine Regular Member

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    Paypal is registered in EU as a bank (since 2007) , and yes... they do have to send in one day. I always get my deposits the next day. All over the world Paypal was forced to register as a bank, only in our corrupt united states they do as they please as they have politicians in their pockets.

    I had over 14 US paypal accounts frozen in my life time. For the first time ever I am using a EU based Paypal account and its been great. I only do xxx and xxxx digit transactions and not a single problem (yet at least)


    Conclusion? Get a friend/family member to open up an account abroad in a country / union where Paypal is registered as a bank. You WILL need to verify proof of identity if you want to accept more than 3K euros per year...
     
    Last edited: Oct 3, 2012
  15. rado84

    rado84 Newbie

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    Paypal UK was forced to use FPS (Faster Payments Service) since September 2012, so the money will arrive in your bank account almost instantly. It is available only for Paypal UK holders with UK bank account. But Paypal do some dirty tricks (i.e. hold the transfer for 24 hours due to security reasons).
     
    • Thanks Thanks x 1
  16. fuhrer1

    fuhrer1 BANNED BANNED

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    Thanks for the info, actually, when you submit the withdrawal request they say that the transfer have to be reviewed due to security reason.