Paypal took and hid my money from me
Paypal withdrew $295.14 from my bank account without my permission!!! And then when I requested the money back or cancel this transaction they told me it was still processing and would do so for 3-5days. The money is gone from my bank account and not in my paypal account. I asked them where is it? Only to be continuously told its still processing. My ass. Who has my money I kept asking the snotty indian lady who kept speaking over the top of me. When I requested I speak with her supervisor she refused telling me no one else was available. I also got an overdraw fee on my account. As soon as this is sorted I am cancelling my paypal account.
Posted: November 11, 2014 at 7:36 pm

Anytime money leaves your bank and is transfered to another financial institution such as your PayPal account, the money goes through the ACH (automated clearing house) This is a system overseen by National Automated Clearing House Association and the US Federal Reserve. It stops the money at electronic check points and usually takes about 3-5 business days to clear when transfering money in US currency.