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Can Paypal Funds transfer to bank on saturdays and sundays?

  1. David 470 profile image86
    David 470posted 6 years ago

    I transferred money to my bank account from PayPal. I thought it would only transfer on business days, but the status went from pending to completed. Does that indicate that the money is currently in the bank, or is it just some kind of verification, and it won't be in until business days?

  2. livewithrichard profile image83
    livewithrichardposted 6 years ago

    It may be that the transfer completed on Paypal's end. Your bank probably will not make the credit until the next business day.

    1. livewithrichard profile image83
      livewithrichardposted 6 years ago in reply to this

      I might add, if you use Paypal to collect funds on a regular basis then it would be a good idea to have a premier account and aply for their free debit card. That way, you can use the funds as soon as they are available in Paypal and no need to transfer back to your bank account.

      1. David 470 profile image86
        David 470posted 6 years ago in reply to this

        Thanks for the information.

  3. Uninvited Writer profile image82
    Uninvited Writerposted 6 years ago

    It can take a few days, and I agree it'll be on a business day.

  4. Lisa HW profile image84
    Lisa HWposted 6 years ago

    I think the best way to make sure is to check the bank account and see if it shows up in "available balance" and/or if the transaction shows as a pending transaction.  PayPal may have done its part sooner than is usually expected, but what matters is what the bank account shows as an available deposit.  From my experience with PayPal, if they say a transaction (coming in or going out) is completed, it is.  What's pending within the bank account is a different thing.

 
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