What is Funds Availability or Hold?
Delaying funds availability is a common industry practice we implement to help ensure the secure use of PayPal by both buyers and sellers. By placing your money in your pending balance, we’re trying to make sure that there’s enough money in your PayPal account to resolve any issues that may arise with your account such as chargebacks or disputes. When subject to a hold, the money is temporarily not available to use.
If there aren’t any issues with your transaction or account, the payment will typically move to your available balance within 21 days after receipt. After your hold is released, it may take until midnight (but it's usually sooner) for the money to appear in your account.