What The Feck Is An E-cheque?

[Prawny Baby]

Hey guys, I've ordered a few things over the internet in the last week, and paid for it all via paypal.

Usually, if I pay with paypal, the seller gets the funds straight away, and it doesn't show up on my bank statement for around 4-5 days.

I bought some wiper blades on the 29th for £50.20. and then some stainless pipe and a bluetooth kit for the car on Sunday morning, for £30.45 and £104.90.

These have already shown up on my bank statement this morning (sooner than usual) and I have been expecting them to arrive.

I checked my paypal account tonight, and for some odd reason, they have been sent as 'e-cheques' and are comming up as 'uncleared'

Example:

Payment To Pipe Werx 2 Mar. 2008 Uncleared Details -£30.45 GBP

Transfer From Bank Account 2 Mar. 2008 Uncleared Details £30.45 GBP

Payment To Qfonic 2 Mar. 2008 Uncleared Details -£104.90 GBP

Transfer From Bank Account 2 Mar. 2008 Uncleared Details £104.90 GBP

I have no idea why this is happening, I've got well over £700 in my account. I have a verified premier UK account, which is nowhere near any of its limits.

Annoyed. I wanted to fit this stuff this weekend!

Any ideas guys?

[Muel]

It is moving money into your Paypal account from your bank account, it can take up to 5 days from initiating the payment.

[Prawny Baby]

But this thing is, I dont understand why it does it?

Usually, even with a paypal balance of £0.00, funds still clear instantly, and it takes a while to show up on my bank statement.

I have been using paypal for years now, and I'm currently richer than I've been for most of that time, so surely its no issue with my bank not allowing the money straight away or anything is it?

I just dont understand why its never happened in several hundred transactions, then now 3 times in a week.... when nothing has changed.

[mink]

You sure it's not something to do with the payapl account you're sending it to? I had a bit of similar trouble but I think it was down to the seller being unverified or going over certain limits or summat.

[Tomm]

I had this when one of my cards associated with the paypal account went out of date. It therefore doesn't trust you or something, so it sends eCheques which are harder to send fraudulently I guess. They can take up to 12 days to clear though, total ballache.

So yeah, check that all your payment details are up to date

[Prawny Baby]

Bingo! Just found that out Tomm. Thanks

My card was linked to paypal 3 years ago, and has expired on march 1st! despite the actual card being snapped in half long ago and me on my 4th since then!

The card didnt show up on my account profile at all, so I have had to add my current card as a new one, although it doesnt appear to be linked to my Natwest account at all, and says 'charge amounts needed'

That sounds like the original verification I did yonks ago. I dont want to have to wait for all that crap again, I just want to pay for my bloody stuff!

[Tomm]

Yeah, I had the same problem. It's so stupid why Paypal doesn't tell you that's what's wrong.

For me, I needed two different methods of payment for 'normal' Paypal to work. One - my bank direct debit details, and two - my card details. Apparently those two things are safer than one thing, even though they come from the same account.

[JT!]

Did the same thing with me. Still don't know why to this day.

Took over a week to clear.