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Waiting for Paypal

Normally I don't sell to those with no feedback on Audiogon or eBay, but occasionally I make an exception. Once the paypal account shows that I have the money from the buyer, I request a check immediately. Is there a safe length of time to wait before I ship the item? Is it safe to ship once I receive the check from Paypal? My bank account is linked to Paypal. If there is a default later on, can Paypal pull the money back out of the bank account even if they sent me a check in the mail instead of direct deposit? What would you do? Thanks.
tgrisham

Showing 1 response by inna

inna
7,923 posts
 
I too only link paypal to credit card, and the credit line is not big.
I deposited USPS money orders at Citibank many times and they were cleared immediately. The amounts were relatively small so I don't know what happens if you deposit a few thousands.
Quick transfers from one account to another may not be a bad idea but you can be late or something elase might happen. I wouldn't count on it 100 percent.
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