What is an eCheck? How long does it take to clear and I get the funds?
(source PayPal: https://www.paypal.com/us/cgi-bin/webscr?cmd=echeck_popup&user_type=Seller&bank_country_code=AU)eChecks are one type of bank payment and usually take 5-7 business days* to process. They are used when buyers have not linked a backup payment source (like a debit or credit card) to their PayPal accounts, or when a transaction is too risky to allow an instant payment.
How does an eCheck work?
The money is withdrawn from the buyer's bank within a day or two. As soon as we receive confirmation of sufficient funds from the bank, we'll deposit the money into your PayPal account. The entire process takes 5-7 business days.*Can You cancel an eCheck?
Yes. Click Cancel at the bottom of your transaction details page. If we have not begun processing the payment, we will cancel it outright. If we have already begun processing the payment, we'll refund the money into the buyer's PayPal account.*Note: Bank processing times vary by the buyer's country.
AU - Australia 5 - 7 days
CA - Canada 6 - 8 days
FR- France 8 - 10 days
NE - Netherlands 4 - 6 days
SP - Spain 14 - 16 days
UK - 7 - 9 days
US - 3 - 5 days
Guide created: 11/17/08


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