posted on September 2, 2002 05:24:31 PM new
Scenario:
I have an account with PAYPAL. I have been consistently receiving payments from bidders in my account. Credit Cards, Echecks, Cash Transfers. I decide to close my account and I have no charge backs or questionable transactions. May I withdraw all my funds and how long will it take to get them? The way I read this, PayPal could still keep my funds up to 180 days.
*Any funds that we are holding in custody for you at the time of closure, less any applicable fees, will be paid to you by check, assuming all withdrawal related authentication requirements have been fulfilled (for example, you may not use closure of your account as a means of evading withdrawal limits on new Unverified users)*.
Please explain this statement to me and why it precedes any verbiage about an account under investigation?
*(for example, you may not use closure of your account as a means of evading withdrawal limits on new Unverified users)*.
I will believe I am wrong, Damon if you publicly says I am wrong. At least you admit you work for PAYPAL and I would love to be corrected on this issue if I am wrong.
posted on September 2, 2002 07:20:56 PM new
Damon no longer routinely reads this forum. Perhaps you could email him. [email protected] and come back and post his answer your self.
posted on September 2, 2002 07:27:20 PM new
How would you know such a thing COONR? Are you finally admiting you are an employee or has he emailed you and explained that you and STOPWHINING have embarassed him enough.
posted on September 2, 2002 07:33:13 PM new
How would I know such a thing? Perhaps by his lack of posts. Why do you insist I work for PayPal? I have nothing to gain by denying it, if I did. Do you work for Billpoint?
posted on September 2, 2002 07:34:26 PM new
hard to believe a school teacher needs so much handholding.
and prejudgment too.
i am so glad my kids will never be attending your school.
what did you really sell to the russian,a big rubber stamp?????
posted on September 2, 2002 11:31:42 PM new
That's right he no longer comes to this forum because when he is asked a intelligent question he goes back to the big boys and says "how can I lie to this". Thing is the big goons can't tell him. Their to busy running from the process servers. You know what those guys say.
Oh hope you kids don't grow up to be like you. That's a horrifying thought.
[ edited by club1man on Sep 2, 2002 11:33 PM ]
posted on September 3, 2002 10:13:29 AM new
Hi ljart53,
You were covered under SPP and the pending reversal was canceled. The chargeback team did advise me that an email was sent regarding the matter. You have not lost any money due to the chargeback.
You can close your account as long as it is good standing (as well as all of the funds that are in it) The verbiage you are quoting has to do with users that:
a) have an appeal denied and funds are held to protect against chargebacks (covered in the User Agreement)
posted on September 3, 2002 11:23:29 PM new
(for example, you may not use closure of your account as a means of evading withdrawal limits on new Unverified users)*.
Damon,
Could you please explain this to me. This still sounds to me like any payments received from "new Unverified users" could still be held up to 180 days in case there would be charge backs from these Unverified users.
I would love to be proven wrong on this.
Thank you
[ edited by ljart53 on Sep 4, 2002 12:58 AM ]
[ edited by ljart53 on Sep 4, 2002 12:59 AM ]
posted on September 4, 2002 04:09:45 AM new
ljart53,
only you can answer that question.
if you keep doing business with russian ,then you will have more troubles down the road.
just remember,it is you who listed the item on ebay,it is you who asked for payment,it is you who accepted payment and it is you who shipped the item.
no one twist your arm to do any of the above
posted on September 4, 2002 08:03:10 AM newU.S. Users. In order to withdraw funds that PayPal is holding in custody for you, you must confirm the email address that you registered by responding to a message that PayPal will send to that address when you have completed registration, and you must register a bank account or credit card with PayPal. New PayPal Users (who have been in the PayPal system for 120 days or less) are required to complete two out of three authentication steps (confirm bank account, enter Member Number, confirm Social Security Number) in order to withdraw more than $500 per month. Some accounts, at PayPal's discretion, may have this limit even after 120 days. Some accounts, at PayPal's discretion, may have lower limits until the authentication steps have been completed. Account limits, if any, can be viewed from the "View Limits" link on the Account Overview page.
You may withdraw funds by direct deposit into your bank account or by physical check. To cover the cost of processing checks, PayPal charges $1.50 per check withdrawal. If a check is not cashed after 180 days from the date it was issued, the funds (minus the fee) will be returned to your PayPal account. Check withdrawals will not be sent to P.O. Box addresses. In addition, check withdrawals will only be sent to a Confirmed Address, unless you are Verified (as described in Section III.1 above), in which case you may choose any street address. If you would like a check withdrawal to an address that does not match these rules, you must contact Customer Service and produce appropriate documentation as determined by PayPal before a check will be sent to the requested address.
posted on September 4, 2002 09:45:35 AM new
You two really are thick in the head. The question was posed to Damon. Remember you deny you are connected to PayPal. I would like this answered by someone who admits he is connected to PayPal and you seemed to have missed the part:
posted on September 4, 2002 10:02:46 AM new
Per the terms of use, quoted above, new users must do two things to get the funds. You do not have to work for PayPal to read them.
New PayPal Users (who have been in the PayPal system for 120 days or less) are required to complete two out of three authentication steps (confirm bank account, enter Member Number, confirm Social Security Number) in order to withdraw more than $500 per month.
posted on September 4, 2002 02:06:11 PM new
ljart53,
i dont know how you manage to get out of bed in the morning??if you want damon and damon alone to read and reply to your post,then email him,DONT POST IT !!
THIS IS A PUBLIC FORUM,REPEAT AFTER ME,THIS IS A PUBLIC FORUM.
or it is time for patty cake and nappy pooh
