Paypal Question - Selling & Recieving Money

pDails

Active member
When a buyer sends money through paypal, shouldn't it appear in the account, or atlest in pending transactions? because i recieved an email with a cover email address(meaning its not actually from a @paypal.com address) saying that payment had been sent, taken out of the buyers account and is waiting to be put into mine but it wont show in pending transactions.

update: just recieved an email threatening legal action from this same address that is not an @paypal.com address
 
So basically my question is, doesnt the money enter your account before you ship the item, it just isnt transferable out of the paypal account yet?
 
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