how long for ebay refund? also understanding online banking

[rtha6551]

hello all

ordered something off ebay which i cancelled and requested a refund prior to dispatch, which was approved and my payment was refunded on the 7th

however when checking my 'recent items' on my online banking, the payment for £41.99 does not appear as either withdrawn or deposited

all the cash i withdrew/spent last week has been taken out today, but my available balance is much lower than the account balance that excludes items in transit

is it possible that the £41.99 is still being recorded as in transit hence being deducted from my available balance, and when the payment is received will it add those withdrawals and deposits?

or will it simply not appear at all?

thanks