Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVERSED - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 07-05-2014
Banned
 
Join Date: May 2012
Posts: 104
Thanks: 106
Thanked 158 Times in 88 Posts
Activity: 0%
Longevity: 68%
iTrader: (17)
Send a message via Skype™ to pr0wake
Default Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVERSED

Im a little dumbfounded

$700 was withdrawn from PP to my checking account. The transfer completed, it finalized in my checking account on 6/30.

The attached EB got limited a few days prior to me withdrawing (along with others), so I just removed the bank account from PP after it finished and went on with life.

Today, a pending transaction for that account shows a paypal reversal. A WEEK AFTER

My bank is NOT attached to that paypal anymore! how the heck are they doing this?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 07-05-2014
Banned
Threadstarter  
 
Join Date: May 2012
Posts: 104
Thanks: 106
Thanked 158 Times in 88 Posts
Activity: 0%
Longevity: 68%
iTrader: (17)
Send a message via Skype™ to pr0wake
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Wanted to add the account is NOT in negative, NO open PP disputes, nothing!
Reply With Quote
  #3  
Old 07-05-2014
Executive [VIP]
 
Join Date: May 2009
Posts: 2,578
Thanks: 214
Thanked 673 Times in 502 Posts
Activity: 0%
Longevity: 86%
iTrader: (5)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Just because your bank isn't attached to your Paypal account anymore, it doesn't mean they don't keep track of your previous bank account information. The account will go back to your Paypal account after a few days, and you're going to need to add the bank account back to Paypal to withdraw it again.
Reply With Quote
  #4  
Old 07-05-2014
GoteBay's Avatar
Senior Member
 
Join Date: May 2013
Posts: 896
Thanks: 64
Thanked 182 Times in 149 Posts
Activity: 0%
Longevity: 63%
iTrader: (2)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

They will be able to reverse the transaction, because they still have your information on file. In addition, the agreement you accepted before creating the account gives them more power.
__________________
To Every End, There Is A New Beginning!
Reply With Quote
  #5  
Old 07-05-2014
Senior Member
 
Join Date: Jan 2013
Posts: 4,410
Thanks: 242
Thanked 1,595 Times in 1,075 Posts
Activity: 0%
Longevity: 65%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

That is strange , usually if you remove the bank account it is no longer a funding source, did you have the debit card to that bank account attached to that paypal?
Reply With Quote
  #6  
Old 07-05-2014
Banned
 
Join Date: Apr 2009
Posts: 8,605
Thanks: 1,580
Thanked 2,029 Times in 1,356 Posts
Activity: 0%
Longevity: 87%
iTrader: (47)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

If you did not close the account they still have access to it.

Removing it from paypal means nothing.
Reply With Quote
  #7  
Old 07-05-2014
Banned
Threadstarter  
 
Join Date: May 2012
Posts: 104
Thanks: 106
Thanked 158 Times in 88 Posts
Activity: 0%
Longevity: 68%
iTrader: (17)
Send a message via Skype™ to pr0wake
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

CC on file was not attached to the bank account. I had the bank do a stop payment... no email or anything from paypal. It is although now limited, requesting personal info.

Last edited by pr0wake; 07-05-2014 at 03:58 PM.
Reply With Quote
  #8  
Old 07-05-2014
Senior Member
 
Join Date: Jan 2013
Posts: 4,410
Thanks: 242
Thanked 1,595 Times in 1,075 Posts
Activity: 0%
Longevity: 65%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

There is a way to take you'r bank account off as a funding source, I do it with all my paypal accounts, and just keep my credit card as the only funding source

This is with the bank account added on to paypal and after changing. The funding source they never went into my bank o matter what, even if there were no funds on my VCC

It's something I stumbled on by accident and now I make sure that on all my verified paypal accounts I take the bank off as. A funding source
Reply With Quote
  #9  
Old 07-05-2014
Futuremogul888's Avatar
Executive [VIP]
 
Join Date: Jul 2012
Posts: 558
Thanks: 141
Thanked 424 Times in 228 Posts
Activity: 2%
Longevity: 68%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Paypal can be tricky with removing information. If you remove the bank account in one place you often have to remove it in several places. You probably removed it from payment methods screen without it being removed from the pre-authorized payment subscriptions screen.
Reply With Quote
  #10  
Old 07-05-2014
Executive [VIP]
 
Join Date: May 2009
Posts: 2,578
Thanks: 214
Thanked 673 Times in 502 Posts
Activity: 0%
Longevity: 86%
iTrader: (5)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Quote:
Originally Posted by Dmshark25 View Post
There is a way to take you'r bank account off as a funding source, I do it with all my paypal accounts, and just keep my credit card as the only funding source

This is with the bank account added on to paypal and after changing. The funding source they never went into my bank o matter what, even if there were no funds on my VCC

It's something I stumbled on by accident and now I make sure that on all my verified paypal accounts I take the bank off as. A funding source
Quote:
Originally Posted by Futuremogul888 View Post
Paypal can be tricky with removing information. If you remove the bank account in one place you often have to remove it in several places. You probably removed it from payment methods screen without it being removed from the pre-authorized payment subscriptions screen.
Both of what you two are saying are completely incorrect and irrelevent to this scenario.

Reversing a withdraw is not the same as Paypal taking money out of your bank as an preauthorized payment. The former is somewhat like a stop payment ordered on behalf of Paypal's bank to take their money back, whereas the latter is asking for funds to be transfered from your account into Paypal's account on your own behalf. Reversed withdraws have absolutely nothing to do with what funding sources you have available on your account.

Last edited by BiN4RY; 07-05-2014 at 08:43 PM.
Reply With Quote
  #11  
Old 07-05-2014
Senior Member
 
Join Date: Jan 2013
Posts: 4,410
Thanks: 242
Thanked 1,595 Times in 1,075 Posts
Activity: 0%
Longevity: 65%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Yea you are right the two are different
Reply With Quote
  #12  
Old 07-06-2014
Futuremogul888's Avatar
Executive [VIP]
 
Join Date: Jul 2012
Posts: 558
Thanks: 141
Thanked 424 Times in 228 Posts
Activity: 2%
Longevity: 68%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Quote:
Originally Posted by BiN4RY View Post
Both of what you two are saying are completely incorrect and irrelevent to this scenario.

Reversing a withdraw is not the same as Paypal taking money out of your bank as an preauthorized payment. The former is somewhat like a stop payment ordered on behalf of Paypal's bank to take their money back, whereas the latter is asking for funds to be transfered from your account into Paypal's account on your own behalf. Reversed withdraws have absolutely nothing to do with what funding sources you have available on your account.
No you are just confused about what the OP is trying to to say:

What you think the OP means - The withdraw went from pending to reversed status via a bank initiated adjustment (IE paypal disputing the withdraw as fraudulent)

What the OP actually means - The paypal payment was reversed by having a credit and debit of equal amount with same paypal transaction ID but two different bank transactions both initiated by paypal. (the only way paypal could do this is if they still had access to debit the account)

How I know that is what he meant:

OP says he called the bank to put a stop payment on it. How could the OP put a stop payment on paypal's stop payment? The only thing he could put a stop payment on is the debit initiated by paypal.

So unless the OP meant that he was putting a stop payment on the completed withdraw, both the points of Dmshark and I are relevant.

Last edited by Futuremogul888; 07-06-2014 at 05:13 AM.
Reply With Quote
  #13  
Old 07-06-2014
Banned
Threadstarter  
 
Join Date: May 2012
Posts: 104
Thanks: 106
Thanked 158 Times in 88 Posts
Activity: 0%
Longevity: 68%
iTrader: (17)
Send a message via Skype™ to pr0wake
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

I withdrew sometime the week before last, and my money POSTED on my account 6/30, where it sat for a good week.

then yesterday, 6/5, the funds were REVERSED back to paypal. I called my bank to make a stop payment on that transaction.

so I had my money cleared for a whole week.
Reply With Quote
  #14  
Old 07-07-2014
Junior Member
 
Join Date: Feb 2012
Posts: 30
Thanks: 2
Thanked 4 Times in 3 Posts
Activity: 0%
Longevity: 70%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

yeah tell your bank you did not allow this transaction they will freeze paypal from trying to get money from your bank account you win
Reply With Quote
  #15  
Old 07-07-2014
Banned
 
Join Date: Apr 2009
Posts: 8,605
Thanks: 1,580
Thanked 2,029 Times in 1,356 Posts
Activity: 0%
Longevity: 87%
iTrader: (47)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

So where are you at with this?

Did you get them to actually stop the reversal?
Reply With Quote
  #16  
Old 07-08-2014
Junior Member
 
Join Date: Mar 2011
Posts: 65
Thanks: 7
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 75%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

From my experience.. money doesnt come back to the pp.. they just reverse it and lock your account or something crazy.. best bet is going to the bank and telling them you never authorized paypal to take out money
Reply With Quote
  #17  
Old 07-10-2014
RichardCard82's Avatar
Senior Member
 
Join Date: Mar 2014
Posts: 411
Thanks: 9
Thanked 53 Times in 41 Posts
Activity: 0%
Longevity: 58%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Wow that's pretty creepy how they were able to take your money out a week after you had it sitting there.... I've never seen them do that to me. I've withdrawn and the account gets limited before the transfer completes, That's common, but them taking money out of your bank after a week?? Something's up . Call your bank and tell them you didn't authorize it. They will give you credit on your account while they investigate
Reply With Quote
  #18  
Old 07-13-2014
Banned
Threadstarter  
 
Join Date: May 2012
Posts: 104
Thanks: 106
Thanked 158 Times in 88 Posts
Activity: 0%
Longevity: 68%
iTrader: (17)
Send a message via Skype™ to pr0wake
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

follow up - stop payment worked. Transferred funds and closed account. PP isn't limited either. Super weird
Reply With Quote
  #19  
Old 07-14-2014
Executive [VIP]
 
Join Date: Dec 2010
Posts: 3,506
Thanks: 254
Thanked 815 Times in 600 Posts
Activity: 5%
Longevity: 77%
iTrader: (0)
Default Re: Withdrew to Paypal, it completed, I removed the bank, now deposit is getting REVE

Next time, do what I do, transfer any incoming funds into a bank account that isnt attached to any paypal.

A similar thing happened to me last year but it was under $45.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
PayPal withdrawal completed and days later reversed for technical problems? hercheys PayPal Talk 6 03-05-2013 09:36 AM
Withdrawal to bank account reversed after completed natashaiera PayPal Talk 12 01-24-2013 09:15 AM
Ebay gift certificate completed or reversed? astralman PayPal Talk 2 11-12-2012 05:09 PM
withdrew to an inactive bank account stevesokol21 PayPal Talk 10 03-20-2011 01:05 PM
Once Paypal Has Completed Transfer To Bank transitionfighter PayPal Talk 8 11-23-2010 02:22 AM


Aspkin Group

All times are GMT -5. The time now is 12:50 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58