How long does it take to receive a payment into a pay-pal account and does this guarantee the funds are yours?
I'm selling some items on ebay and awaiting funds from the buyers into my my paypal account. How long does this process usually take (first time seller) Also, when the money appears on my paypal account, does this guarantee the funds have left their account and are now securely mine? Or should I wait until I have transfered my pay-pal balance to my bank account before shipping items? I hope this makes sense.
Personal Finance - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I get my payments instantly, it depends on if the buyer pays immediately. And once they're in your Paypal account, they're yours. I wait until the buyer gets the item and is satisfied tho, just in case they want a refund or something...
Answer 2 :
If the buyer pays through their bank account, aka wire transfer, then you should receive the money almost instantly. If they pay through credit card or e-check then it will take 3-4 business days. Once the money is deposited in your paypal account then it is your money. You should ship your item once you receive the money in your paypal account. The only way that you can then lose the money is if the buyer claims that you didn't ship the item and paypal awards them their money back. For that reason, I highly recommend requiring insurance and keeping the tracking number on all items that you ship.
Answer 3 :
Login to your paypal account and click the details link on that payment. If you have not had instant payment it generally means you have been paid by an echeque. An echeque will take between 5 and 10 working days to clear in your paypal account and you should not dispatch any item until the payment is cleared. Paypal will email you to say you have cleared funds. It is a good idea to email the buyer to tell them they have paid by echeque so that they know it will take extra time to clear. When selling on ebay and the buyer pays with paypal funds are normally instantly available in your paypal account. This is the time to post the item, you do not wait to clear in your bank as paypal is technically another bank account and the money is yours. HOWEVER> The buyers can claim that money back under certain circumstances such as item not received ( lost in the post). To avoid this you should post all items using a recorded service. But again low value items are not worth the extra postage costs for recorded delivery so you should ask the buyer to wait a little longer and if still not received be prepared to refund the full amount and then claim for the loss from the postal service used. Communication is the key to successful ebaying.
Answer 4 :
If they fill a dispute, and PayPal agrees with them, it won't matter if you have transferred the funds to your bank or not, PayPal will refund the payment and you have already authorized PayPal to charge your bank account. Once the funds appear in your PayPal account, the buyer has to win a dispute though PayPal to get the money back. If you can provide documentation that you shipped the item, you should have no problems. If you don't ship the item until the time for a PayPal dispute expires, YOU have provided legitimate grounds to file and win a dispute.
Answer 5 :
when a buyer buys something from you and pays by paypal by an echeque. you have to weight for a week because of the funds need to clear. the buyers payments goes throughout there bank, then there paypal to your paypal. sometimes the paymets you will recive some you wont, so DONT post the items yet wait and take ebays advice. hope this helps ;) thanks
Read more other entries :
Monday, April 28, 2014
Monday, April 14, 2014
How much time will take a money transfer from Germany to clear into my Abbey bank account?
How much time will take a money transfer from Germany to clear into my Abbey bank account?
I am waiting a money transfer from a customer in Germany to be cleared into my Abbey bank account. It's been 3 days now and still no money in my account. Did anyone knows how much time I must wait?
Personal Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hi Shefu, I have had money transferred into my Abbey account from a number of countries and of course the time period will depend on the service used for the transfer - for example whether that is BACS, CHAPS, wire transfer etc. However I generally receive funds within 24 hours and last year I received funds from Europe literally within a couple of hours so 3 days sounds very suspect to me and I would chase Abbey to see if they have any news on it. The only delay I have had was when someone tried using the wrong international routing number which you can get off the Abbey website to be certain you've given them the right details. All the best, Richard http://www.DebtAssistanceGuru.com
Read more other entries :
I am waiting a money transfer from a customer in Germany to be cleared into my Abbey bank account. It's been 3 days now and still no money in my account. Did anyone knows how much time I must wait?
Personal Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hi Shefu, I have had money transferred into my Abbey account from a number of countries and of course the time period will depend on the service used for the transfer - for example whether that is BACS, CHAPS, wire transfer etc. However I generally receive funds within 24 hours and last year I received funds from Europe literally within a couple of hours so 3 days sounds very suspect to me and I would chase Abbey to see if they have any news on it. The only delay I have had was when someone tried using the wrong international routing number which you can get off the Abbey website to be certain you've given them the right details. All the best, Richard http://www.DebtAssistanceGuru.com
Read more other entries :
Monday, April 7, 2014
Is there a career which includes business finance and law?
Is there a career which includes business finance and law?
I need to start thinking what career i want but i want to do something to do with busuness finance and accounting, but then i want to do law. Is there a career which does both?
Other - Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
you can try public finance paralegal job.
Answer 2 :
yes e.g. financial advice and human resurces dunno just a guess
Read more other entries :
I need to start thinking what career i want but i want to do something to do with busuness finance and accounting, but then i want to do law. Is there a career which does both?
Other - Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
you can try public finance paralegal job.
Answer 2 :
yes e.g. financial advice and human resurces dunno just a guess
Read more other entries :
Tuesday, April 1, 2014
How can I find my email address linked to an old xbox live account?
How can I find my email address linked to an old xbox live account?
I made an xbox live account a while ago, that I never really used online. Now that my current account has messed up and I can't use it, I would like to use this one, but my problem is that I only know the gamertag. Is there anyway I can find out what the email address linked to the account is WITHOUT being already signed into the account on my xbox already?
Xbox - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No. You have to have some idea what the email was. Do you know at least what the server was? Yahoo, Gmail etc. I would start there. Try and figure out the emails you have had in the past and try using them. You would still need a password also, so if you can't remember that as we'll then don't bother. Make a new gamertag. That info is there and not recoverable just by asking to protect from someone just claiming they forgot and then stealing other peoples gamertag, and creditcard info etc. If it's old and you didn't care about it before, just start a new one.
Read more other entries :
I made an xbox live account a while ago, that I never really used online. Now that my current account has messed up and I can't use it, I would like to use this one, but my problem is that I only know the gamertag. Is there anyway I can find out what the email address linked to the account is WITHOUT being already signed into the account on my xbox already?
Xbox - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
No. You have to have some idea what the email was. Do you know at least what the server was? Yahoo, Gmail etc. I would start there. Try and figure out the emails you have had in the past and try using them. You would still need a password also, so if you can't remember that as we'll then don't bother. Make a new gamertag. That info is there and not recoverable just by asking to protect from someone just claiming they forgot and then stealing other peoples gamertag, and creditcard info etc. If it's old and you didn't care about it before, just start a new one.
Read more other entries :
Subscribe to:
Posts (Atom)