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PayPal Question
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rawfuls
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PayPal Question - 01.09.2011, 07:06 PM

Hey guys,

I've recently sold a few things on eBay (External Hard Drive and an iPod), anyways.

The guy (same guy; which kind of worries me), who has 6 previous deals, has bought both things.
One costing $70 + ship, and the other $61 shipped.

He paid me with an "eCheck", which again, worries me.
I've never dealt with eChecks before in the past, so I'm not sure.
I know I have to wait until it clears (the check) before I ship it.
However, I was wondering if it can still "bounce".
Or would it "bounce" at the "Pending" stage?

I don't want to get a "eCheck went through" email, then a few days later get those funds retracted from my account because something bad was found, losing me both things, AND the money..
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sandblaster
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01.09.2011, 07:28 PM

A eCheck is money in the bank. Just wait for it. Takes longer but works.
   
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rawfuls
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01.09.2011, 07:28 PM

Quote:
Originally Posted by sandblaster View Post
A eCheck is money in the bank. Just wait for it. Takes longer but works.
Got it, so there's no way to pull it out of my account once it clears?
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sandblaster
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01.09.2011, 07:33 PM

No, it cannot be pulled from your account. Funds have to come from a Bank where the person has funds to transfer. Once transferred they stay in your account.
   
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rawfuls
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01.09.2011, 07:34 PM

Quote:
Originally Posted by sandblaster View Post
No, it cannot be pulled from your account. Funds have to come from a Bank where the person has funds to transfer. Once transferred they stay in your account.
Ah, got it.
Thanks a bunch!
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