Quick Answer: Can PayPal Hold My Money Forever?

Can you have 2 PayPal accounts?

The answer is “Yes”.

You can have more than one PayPal account if it’ll be one Personal account and one Business account but each account must have a separate email address and financial information.

Business account may be subject to fees which may be different from fees applicable to Personal accounts..

Can I fake my age on PayPal?

You can’t lie about your age to get a PayPal account because it will be tied to a bank account that will have your social security number which is tied to a lot of personal info about you.

Why would PayPal shut down my account?

Operations from a device/IP address that was reported as fraud — apparently PayPal closes an account if access comes from devices/IP addresses that have been reported or linked to fraud.

Is PayPal holding funds illegal?

-It is illegal to withhold funds for no reason, under the guise of “protection”. Paypal have obviously skirted the laws and you can see this in multiple threads around the internet if you can google.

What happens if I owe PayPal money and I never pay?

What happends if I don’t pay my negative balance? This is the MOST asked question i’ve answered. Several things can happen here, so read carefully. If you choose to leave your account negative, in 90 days PayPal will turn your account over to IQOR, a debt collection agency to try and get the money you owe back.

Can PayPal freeze your bank account?

Can PayPal freeze my bank account? Legally, they can’t. The only thing they can do is freeze/block your PayPal account for suspicious activity. Only your bank can freeze your account, if their system finds something wrong!

How long can PayPal hold my money legally?

180 daysThey said that according to their rules (which can be found in the fine print), they can hold money up to 180 days to make sure that the buyer is not going to come back and ask for a refund.

How do I get PayPal to release my money?

This can include: Printing a USPS or UPS shipping label: If you print a shipping label directly from PayPal, the tracking number and delivery confirmation will be automatically uploaded. Provided that the package is delivered without incident, the funds can be released three days after delivery.

Can PayPal sue me?

PayPal wouldn’t sue you. They would just send you to collections. Freelancers should never use Paypal for this very reason. You have no recourse if a client decides to take their work and skip out on paying you.

Can you delete PayPal account?

Click on Account Settings. At the top of the Account Settings page, you will see a Close Account button next to Account type. Click the Close account button to delete your PayPal account.

Can I stop PayPal from taking money from my bank account?

Click the “Remove” link under the bank from which you want PayPal to stop taking money.

Can PayPal remove money from my bank account?

No they can’t ever touch or take money from your bank account without authorisation and yes if you sell and money comes into your account they will keep that to pay off your neg balance.

Will PayPal release my money after 180 days?

Re: It has been over 180 Days and still no email from PayPal to get my money. There is really no “law” that prevents PayPal from releasing your funds after 180 days. They are not a bank, only a funds transmitter.

How long can PayPal freeze your account?

180 daysPayPal customers have complained for years about the Kafkaesque nightmare of trying to pry frozen funds loose. The company routinely freezes funds for 21 days if it thinks there’s a fraud risk, and its terms give it the right to extend the freeze for up to 180 days.