I noticed that on my recent PayPal purchases, it states "uncleared" on the account summary. I had to investigate after I received an email from a seller. Earlier tonight I paid for an eBay auction item promptly, got the receipt from PayPal And just now before I was heading to bed, (yes late again.. LOL). I was informed...
"Thanks for the prompt payment for your auction win. I have been notified that your pending e-check will clear on March 9th." I thought what the heck?!
I emailed the seller back and said I was sorry, I was not aware of this pending e-check, and that I was curious about when this started. And I also so stated that it only makes me have to wait longer for the shipment of the item. :) (which does, cause it's stash right?!?)
And I read alittle bit under the email the seller sent me since they had forwarded it onto me... and it states.. this is from PayPal...
"> This email confirms that you have received a Pending eCheck Instant > Purchase Payment for $.$$ USD from Kim Rxxxxxx > (PayPal email).>> This eCheck Payment will remain "Uncleared" until the funds have cleared > from the sender's account, which usually takes 4 business days. If you are > shipping an item, please do not ship your item until the funds have > cleared into your PayPal account. You will be notified by email when the > funds have cleared into your PayPal balance."
Now, doesn't this just SUCK!.. LOL I know you are thinking.. gotta put $$ into the PayPal pot. Just don't know how I missed this! Pay promptly, now you gotta wait 4 days after before it can even be shipped. I get the money out of my bank account, and its transferred to PayPal.
And I also noticed that the other payments I made over the weekend are the same way, so this must have started recently.
The money is there, I guess its gotta take a few more days to get there electronically!