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Thread: Withdrawal delays, is this something new??

  1. #11
    Join Date
    Jan 2014
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    313

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    Honestly delays for me have always been this long...

  2. #12

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    These have been happening for a while.

  3. #13
    Join Date
    Jan 2014
    Posts
    309

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    Quote Originally Posted by jayman View Post
    My withdrawals are suddenly taking 24-72 hours when previously it was taking 15-30 minutes. Paypal have said this is due to higher volumes of people withdrawing and this is normal. It isnt normal as I have never seen this before in 4 years of trading. I'm very suspicious and wonder if anyone else is suffering these delays.
    Yes. I think it's normal, you just have to bear with it and withdraw earlier.

  4. #14
    Join Date
    Mar 2014
    Posts
    6

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    I use a personal Paypal account and it usually takes 5 days to a week for the money to show up in my bank account. Apparently, this is quite normal for Paypal users in India. I receive payments in dollars, which gets converted to rupees. There is a 4% fee on conversion because an external agency does the conversion for Paypal. I must also mention that I never place a withdrawal request. My Paypal balance is auto-withdrawn to my primary bank account.

  5. #15
    Join Date
    Mar 2014
    Posts
    1

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    I have never had any withdraw take under 3 days, I was not even aware that there was people gtting them same day and I have been using paypal for over year. I wonder if it has spomething to do with account type and how that affects things

  6. #16
    Join Date
    Mar 2014
    Posts
    126

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    I think they usually delay withdrawals by one day to check the authenticity of the transaction. I think 24 to 48 hours is perfectly fine. You should only be worried if they put a hold on your account. Then it will take up to 21 days to withdraw your money.

  7. #17
    Join Date
    Mar 2014
    Posts
    178

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    Delays have always been this long for me too. No need to be suspicious about it as it's normal practice.

  8. #18

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    It all has to do with who you bank with as the systems have to communicate. It usually only takes a day for my withdrawls to go through.

  9. #19

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    I know what you mean - I've recently had them saying their sending my funds the next day versus the same day. That said I don't have a problem with that because I'd rather it be done on the up and up now versus having issues further down the road.

  10. #20
    Join Date
    Jan 2014
    Posts
    5

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    Yep, it's normal. Happened to me all the time back when I used it. Just use another service and move on I guess.

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