Originally posted by jannerfish
But your case sounds bizarre OP.
It is bizarre because either we're not being told the entire story, or the OP went against the T & C's of Paypal by not choosing to disclose his
I've been using Paypal for almost 10 years, and have a Premiere account with them for more than half of that, and have never had a problem with
Paypal doesn't just hold peoples' money because they feel like it. Paypal doesn't just take money out of peoples' bank accounts without permission
because they feel like it. Something's going on here that we're not privy to and this whole thing stinks.
I will say, that you can't just sign up for a Paypal account, get paid, and then send that money to your bank all in the same day, or even the same
week, for that matter. To have the money sent to your bank account, the bank account must be Verified
, and Paypal does this by sending two
small deposits to your bank, after you disclose your account number and routing number. You then go into your account, enter those deposit amounts,
and then you are able to use your bank account for purchases, or withdraw money from Paypal and send it to your bank account.
I'm sorry, OP, that you have to wait 6 months to see your money, but something sounds fishy here. Paypal doesn't do this sort of thing without good
reason, and I'm not seeing any good reason listed in your threads other than you not disclosing your annual income. Either we're not being told
every single detail of this ordeal, or Paypal is pissed (and probably against T & C's) that you didn't disclose your annual income.
You feel that it's none of their business to disclose your annual income, but it is
their business if you want to use their service, plain and
Had you set your account up and had been as truthful/forthcoming as possible with the information they requested, you would likely not be in this
situation. I hope that this ordeal makes you think next time before you try to tell a company who's service you want to use, that it's none of their
business about information that they request.
On a final note, you're quite lucky you used Paypal for the Ebay transaction. Ebay explicitly states to never use Western Union or direct bank
transfers. For a direct bank transfer like you were originally going to use, that would require disclosing your routing and account number to a
stranger who can withdraw money from your account any time. You could potentially have put yourself at risk to lose much more money out of your bank
account, had you gone with the direct transfer option. And good on the buyer for requesting Paypal instead of the more "shady" ways to pay.
That is why Paypal exists. So that Paypal can keep your credit card and bank information safe while you can securely purchase or sell things on the
This whole thing stinks to high-heaven.