***Resolved: Delay in withdrawal of funds from PayPal Accounts*** |
06 March, 2009 | 11:09 AM IST

We are aware that some users who initiated withdrawals from their PayPal accounts on or after February 19th are experiencing delays with the funds posting to their bank accounts despite the ‘completed’ status shown in their PayPal account. PayPal has resolved this issue and normal processing cycles have resumed.
IMPORTANT: Please note it will take 4-7 business days for funds to reach bank accounts in accordance with the normal processing cycles. If you have any questions or are still experiencing a similar problem after 4-7 business days, please contact PayPal customer.
We apologise for any inconvenient that this many have caused.
Regards,
The eBay and PayPal teams
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Consumer advisory - PayPal Pte. Ltd., the holder of PayPal's stored value facility, does not require the approval of the Monetary Authority of Singapore. Users are advised to read the terms and conditions available at www.paypal.in carefully before use.
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