1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Question - New Paypal account has 72 hour withdrawal hold - How Long until 2 hour hold?

Discussion in 'Business & Tax Advice' started by freakymonday, Aug 29, 2014.

Thread Status:
Not open for further replies.
  1. freakymonday

    freakymonday Junior Member Premium Member

    Joined:
    Aug 1, 2012
    Messages:
    173
    Likes Received:
    29
    Occupation:
    IM
    Location:
    Worldwide
    So I have this question to my fellow Paypal account owners.

    I opened Paypal account recently and every time I make withdrawal it takes 72 hours to reach bank account. My Paypal is nearly 4 weeks old. Does anyone here know how old Paypal account has to be in order to receive money in 2 hours?


    Thank you.
     
  2. puneetas3

    puneetas3 Senior Member

    Joined:
    Jan 8, 2012
    Messages:
    876
    Likes Received:
    384
    Which country you are from. Paypal doesn't send it in 2 hours in Asia. Don't know about US
     
  3. freakymonday

    freakymonday Junior Member Premium Member

    Joined:
    Aug 1, 2012
    Messages:
    173
    Likes Received:
    29
    Occupation:
    IM
    Location:
    Worldwide
    UK, I know in fact that established PP accounts receive money in 2 hours, but new accounts can have 72 hour hold.
     
  4. gary2

    gary2 Jr. VIP Jr. VIP Premium Member

    Joined:
    Jan 20, 2013
    Messages:
    969
    Likes Received:
    82
    Occupation:
    Inbound Marketer. Blogger. Author.
    Location:
    Near River
    well i am from asia and it paypal sends my money in abut 72hrs and so... dont know about UK but i dont think it would be 2hrs for any country...
     
  5. freakymonday

    freakymonday Junior Member Premium Member

    Joined:
    Aug 1, 2012
    Messages:
    173
    Likes Received:
    29
    Occupation:
    IM
    Location:
    Worldwide
    Well it is 2 hours in UK definitely, but only for established accounts. Its what they call "Faster Payments", realistically its more like 2 seconds.

    Anyway, the question remains.
     
  6. freakymonday

    freakymonday Junior Member Premium Member

    Joined:
    Aug 1, 2012
    Messages:
    173
    Likes Received:
    29
    Occupation:
    IM
    Location:
    Worldwide
    Update: After exactly 4 weeks withdrawal gone to 2 hours below.
     
Thread Status:
Not open for further replies.