Retrobike Forum Index

It is currently Sat May 27, 2017 10:45 pm

* Login   * Register * Search  * FAQ



Post new topic Reply to topic  [ 8 posts ] 
Author Message
PostPosted: Fri Apr 21, 2017 11:14 am 
Old School Grand Master
User avatar

Joined: Tue Nov 11, 2008 1:45 pm
Posts: 5314
Location: Bristol, UK
A little advice needed if you guys wouldnt mind...

I made a fairly susbstantial payment through ebay recently (450 pounds) and the seller is waiting for funds to be released on his end so he can transfer them into hos bank account.

Can someone twll me why paypal has witheld the funds and is there something i need to do to release them?

Thanks


Top
 Profile  
 
PostPosted: Fri Apr 21, 2017 11:15 am 
GOLD | PoTM | Rider | rBOTM
GOLD | PoTM | Rider | rBOTM
User avatar

Joined: Tue Feb 26, 2013 6:26 pm
Posts: 18414
Location: 54 Festive Road Winchcombe GLOUCS Yarp...
his account may not have been fully activated. usually this means he has to verify with a small sum transfer. Is he new to ebay? They can suspend accounts for misuse.


Top
 Profile  
 
 Post subject: Re:
PostPosted: Fri Apr 21, 2017 11:20 am 
Old School Grand Master
User avatar

Joined: Tue Nov 11, 2008 1:45 pm
Posts: 5314
Location: Bristol, UK
Thanks. He is new to ebay yes, what would be the best course of action for him to take? So that i can pass it on to him

Cheers


Top
 Profile  
 
PostPosted: Fri Apr 21, 2017 11:30 am 
Retro Guru
User avatar

Joined: Wed May 22, 2013 6:07 pm
Posts: 858
Location: during myself
If I know, as long as there are no 50 evaluated sales, they will block the amount for up to 21 days! So for 21 days you will not be able to send money to your bank account!


Top
 Profile  
 
PostPosted: Fri Apr 21, 2017 1:18 pm 
retrobike rider
retrobike rider
User avatar

Joined: Sat Apr 17, 2010 7:19 pm
Posts: 3281
Location: Runcorn, cheshire.
This happened to me recently.
usually when it's a sellers 1st sale the payment is held back.
Will probably clear after the weekend.
You could do 1 of 2 things, get the seller to cancel the transaction, and make a PayPal payment straight to their account rather than do it through eBay.
Or set up a bank transfer.
Or you and the seller could just wait it out.
I understand the frustration, especially when it involves a big sum.
I am assuming it's a bike you bought.
Hope this helps.
Jeff.


Top
 Profile  
 
PostPosted: Fri Apr 21, 2017 1:22 pm 
Retro Guru

Joined: Sat Apr 16, 2016 12:30 pm
Posts: 646
His funds won't complete until he has recieved positive feedback- it's eBay's ways of protecting the buyer against new users. Ie he can't wait for it to clear as it won't until he has sent you the goods. The best course of action for him to take is to send you the bike, anything else is fluff.


Top
 Profile  
 
PostPosted: Fri Apr 21, 2017 1:38 pm 
Retro Guru
User avatar

Joined: Thu Nov 26, 2015 7:29 pm
Posts: 1153
Location: peak district
Hi, there are various reasons that payments are withheld, it is common for all ebay users especially new accounts. If the payment has shown up in his paypal account then he has received the payment and should send you the goods. Transferring money from paypal to a bank account is nothing to do with you and you should ask him to post the item. If the payment is pending, which will show as an egg timer symbol, and show as pending in both of your paypal accounts, then it is just a case of waiting it out im afraid. The sellers paypal account will notify him of any actions he needs to take to clear the funds.

Hope this helps

Mark


Top
 Profile  
 
PostPosted: Sat Apr 22, 2017 8:08 pm 
Gold Trader
Gold Trader
User avatar

Joined: Sat Oct 23, 2010 10:33 pm
Posts: 2197
Location: New Forest
tIB wrote:
His funds won't complete until he has recieved positive feedback- it's eBay's ways of protecting the buyer against new users. Ie he can't wait for it to clear as it won't until he has sent you the goods. The best course of action for him to take is to send you the bike, anything else is fluff.


Exactly this ^^^^^


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 8 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: highlandsflyer, Mike Muz 67, Westfailure, Yahoo [Bot] and 19 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  

About Us

Follow Retrobike

Other cool stuff

All content © 2005-2015 Retrobike unless otherwise stated.
Cookies Policy.
bikedeals - the best bike deals in one place
FatCOGS - Fat Chance Owner's Group

Powered by phpBB® Forum Software © phpBB Group