Discussion in 'Business & Tax Advice' started by fuhrer1, Oct 3, 2012.
Lol, never happened to me before, thats cute
Was it CITI bank?
No It was Lloyds tsb
maybe you are a big client
That's amazing. My transfers to my bank usually take 2-3 days before they arrive. Impressive!
I wish I had your account.
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Maybe you were lucky and did withdrawn just before they mass sent out all customers money.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
Dang!!! You are awesome bro!!
Actually I'm pretty curious as to how that happened.
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.
I think Nickk is right coz I just made another transfer, received it within 1-2 minutes
Awesome ! I need 3-4 days to recived my $ . :chef2:
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.
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
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...
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 for the info, actually, when you submit the withdrawal request they say that the transfer have to be reviewed due to security reason.
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