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Post by Buster on Feb 13, 2011 11:57:46 GMT 1
Hiya I was wondering if anyone could help me with the selling part of Ebay! I know some of you use it. Ok, so I sold a riding jacket and got a fair bit for it, and the payment was sent to my paypal, but when I got my bank statement the money wasn't paid in yet, do I need to go click anything on paypal or something?! So confused! The jacket was paid for about 2 weeks ago, if that makes a difference. It defo works, as I've used to to buy things. I remember when my family all shared one account, and my brother sold some things, then I bought something, and the money spent was taken out of the money he had earnt. So does Ebay 'hold' it for a while? I havn't spent anything since, just in case. Any ideas??
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Post by garej on Feb 13, 2011 12:53:33 GMT 1
It defo works, as I've used to to buy things. I remember when my family all shared one account, and my brother sold some things, then I bought something, and the money spent was taken out of the money he had earnt. So does Ebay 'hold' it for a while? I havn't spent anything since, just in case. Any ideas?? Whenever you recieve a payment, it holds it (minus any fees) as a balance. You need to transfer it to your bank account. It does not go automatically into your bank account. If you have any balance in another currency e.g. dollars you will have to transfer it into pounds, otherwise it wont work. I havent done it for ages, but the help guide from paypal has a guide on how to do it.
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Post by Claire on Feb 13, 2011 13:00:26 GMT 1
Mysteryarab, just a couple of questions. Did the money actually go to your paypal account? If so, did you actually click on the 'withdraw' link in your paypal account as you have to do that before it goes to your bank account. If not it just stays in your paypal account. If you havent done this click on 'withdraw'in the menu along the top then select the transfer funds to your bank account link, make sure its the free one as there is a faster service that charges £5 which you dont want! It normally takes about 4-7 days to get into your bank account from doing tbis. If you HAVE already done this and it still hasnt appeared in your bank account after 2 weeks I would contact them. EDIT: Lol me and garej posted at the same time
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Post by Buster on Feb 13, 2011 21:44:09 GMT 1
Aha! Yes I probably should have just looked at the FAQ but it all got very confusing. Thank you so much, that should have worked! As you can tell, i'm not used to selling on Ebay/Paypal. The buying I can do
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