ING dropped me :(

[2emptypockets]

paypal did a chargeback and took the money in my account I didnt have a chance it was actually 3 chargebacks from the same customer for 3 different transactions

They took my money out of the account and did 3 withdrawels from ING
who then dropped me like a hot potato :o due to too many overdrafts
just got off the phone with them... no go

I tried to fight the chargeback since the customer paid with paypal I shipped to confirmed address and they also signed for it but since I didnt have an "electronic online signature" whatever the hell that is they a refunding the customers insurance company so the customer has the items their money back ebay has their fees paypal has their fees and I'm out Fees , Item and profit from the sale
AND!!!!
ING dropped my account

I think I'm off to eat a plateful of brownies

between this mornings loss , ebay not allowing me to take money orders or checks anymore and all their other changes that I was notified about this morning I think I'm going on a chocolate binge

I was just starting to catch up on bills pay for school have money for gas when this happened !!

WAMU here I come

[nikki404]

Be carefull of WAMU too. I got a letter from them and a call from a manager saying that I had two deposits with two different names come in recently. I was warned that if this happens again, I will be dropped.

I was shocked!!!

[philly387]

Ive had paypal deposit close to 100 times and WAMU hasn't called me...Banks usually don't care who deposits money.

[Quasi_Mojo]

Originally Posted by philly387

Ive had paypal deposit close to 100 times and WAMU hasn't called me...Banks usually don't care who deposits money.

I think what nikki404 was describing was that two payments came into the same account being paid to two different names (not from two different people). I could be wrong, though.

[imthatguy]

Originally Posted by 2emptypockets

paypal did a chargeback and took the money in my account I didnt have a chance it was actually 3 chargebacks from the same customer for 3 different transactions

They took my money out of the account and did 3 withdrawels from ING
who then dropped me like a hot potato :o due to too many overdrafts
just got off the phone with them... no go

IF, they indeed did take the money out of your account, go get a lwayer and start shopping for a new house and a exotic car. They cannot withdraw money form your banking account in that instance..

[philly387]

So let me get this straight,

1. PayPal took funds from your bank account 3 different times for the chargebacks
2. Your bank account was closed due to too many overdrafts

Correct?

[screwedagain]

From my knowledge of speaking with ING, they have no overdraft. If you don't have money in your account, then their is no money for a company to take payment. I learned of this because i have this account set up to pay for school. And when I waited like 2 weeks and i get a notice from the accounting office saying that my classes will be dropped due to no payment. I assumed that ing would take the money out of my external account but when i called they said i had to transfer money myself to ing then the payment will go through. So i don't know how paypal took money out of your account if no money was there. I think you are not giving all the information of what exactly happened.

[Quasi_Mojo]

I've had inadequate balances in my PayPal account before when I needed to pay through PayPal. I do have my PP account linked to my checking account and it will automatically take the funds from my checking account. But I authorize that transaction (by clicking a button, or something). I don't think they can take money from your linked bank account without your authorization.

[urrbodyh8sme]

after i get limted on paypal i will go into ing and delete the account to be on the safe side And i belive u guys are right if theres no money in ing then no one can over draft it