PayPal affirms that they are a BANK! - 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 12-30-2016
Senior Member
 
Join Date: Jul 2015
Posts: 317
Thanks: 3
Thanked 21 Times in 20 Posts
Activity: 0%
Longevity: 50%
iTrader: (0)
Default PayPal affirms that they are a BANK!

Yes, they claim they have a "banking license"

https://www.paypal.com/ro/selfhelp/a...ountry-FAQ1434

Quote:
Can I change my PayPal address to another country?
No. Due to banking regulations, you can not change your address to a country that is different from the country


PayPal Officials say the same thing while giving answers to people.


https://www.paypal-community.com/t5/...language=en-gb

Quote:
Let me explain the process. PayPal is regulated based on a banking license and also needs to oblige to local banking agreements in every country which means that the country of registration can’t be changed.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 12-30-2016
MM78's Avatar
Executive [VIP]
 
Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0%
Longevity: 78%
iTrader: (4)
Default Re: PayPal affirms that they are a BANK!

You believe everything they tell you or read on their site?

In that case, the Moon is made of Cottage Cheese, Zombies exist, PayPal really cares about you.....
Reply With Quote
The Following User Says Thank You to MM78 For This Useful Post:
Breakthecycle2 (12-31-2016)
  #3  
Old 12-30-2016
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 9,930
Thanks: 380
Thanked 2,659 Times in 1,966 Posts
Activity: 10%
Longevity: 91%
iTrader: (90)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by mm78 View Post
zombies exist
i knew it!!!
__________________
AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000
NEW LOWER PRICING!
ENTER MY STORE OR CONTACT ME
Reply With Quote
  #4  
Old 12-30-2016
jmag91's Avatar
Senior Member
 
Join Date: Dec 2016
Posts: 336
Thanks: 76
Thanked 45 Times in 32 Posts
Activity: 0%
Longevity: 42%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by MM78 View Post
You believe everything they tell you or read on their site?

In that case, the Moon is made of Cottage Cheese, Zombies exist, PayPal really cares about you.....

LOL, I really got a kick out of this.

PayPal doesn't give two SH!TS about any of us!
Reply With Quote
  #5  
Old 12-30-2016
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 9,930
Thanks: 380
Thanked 2,659 Times in 1,966 Posts
Activity: 10%
Longevity: 91%
iTrader: (90)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by jmag91 View Post
LOL, I really got a kick out of this.

PayPal doesn't give two SH!TS about any of us!
Thank you for shattering my belief system! You and MM78 both!
__________________
AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000
NEW LOWER PRICING!
ENTER MY STORE OR CONTACT ME
Reply With Quote
  #6  
Old 12-30-2016
empirestate's Avatar
Banned
 
Join Date: Mar 2015
Posts: 3,138
Thanks: 44
Thanked 667 Times in 486 Posts
Activity: 0%
Longevity: 52%
iTrader: (1)
Default Re: PayPal affirms that they are a BANK!

OMG, I love Paypal with all my heart and with all my soul.
Reply With Quote
The Following User Says Thank You to empirestate For This Useful Post:
GreenBean (12-30-2016)
  #7  
Old 12-30-2016
jmag91's Avatar
Senior Member
 
Join Date: Dec 2016
Posts: 336
Thanks: 76
Thanked 45 Times in 32 Posts
Activity: 0%
Longevity: 42%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by slokor View Post
Thank you for shattering my belief system! You and MM78 both!
Hahahahaha!
Reply With Quote
  #8  
Old 12-30-2016
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by empirestate View Post
OMG, I love Paypal with all my heart and with all my soul.
WTF? Did you get the heart or the soul for Christmas then?


Oh, I love PayPal too.

Really really really love PayPal.

Someone pass me a chuck bucket!

Reply With Quote
  #9  
Old 12-30-2016
jmag91's Avatar
Senior Member
 
Join Date: Dec 2016
Posts: 336
Thanks: 76
Thanked 45 Times in 32 Posts
Activity: 0%
Longevity: 42%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

I <3 PayPal.
Reply With Quote
  #10  
Old 12-31-2016
Senior Member
 
Join Date: Mar 2013
Posts: 723
Thanks: 446
Thanked 193 Times in 142 Posts
Activity: 0%
Longevity: 64%
iTrader: (2)
Send a message via ICQ to easy.bake.oven
Talking Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by smartguy View Post
Yes, they claim they have a "banking license"
Change the b in banking to w and that says it all about them

They were always that w word but now they are officaly 'ankers

Glad they finally got a recognition for what they are
Reply With Quote
  #11  
Old 12-31-2016
Junior Member
 
Join Date: Dec 2016
Posts: 3
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 42%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

According to the Wall Street Journal, the new credit facility will allow the lending startup to offer more loans. The company has raised over $500 million in debt and equity from investors.
Reply With Quote
  #12  
Old 12-31-2016
unkown5454's Avatar
Executive [VIP]
 
Join Date: Mar 2011
Posts: 4,306
Thanks: 2,202
Thanked 1,342 Times in 961 Posts
Activity: 10%
Longevity: 76%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

no where in those posts does PP say they are a bank.

we all hate them, but please don't waste your strength on pure nonsense you made up in your head.
Reply With Quote
The Following User Says Thank You to unkown5454 For This Useful Post:
easy.bake.oven (12-31-2016)
  #13  
Old 12-31-2016
Senior Member
 
Join Date: Mar 2013
Posts: 723
Thanks: 446
Thanked 193 Times in 142 Posts
Activity: 0%
Longevity: 64%
iTrader: (2)
Send a message via ICQ to easy.bake.oven
Talking Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by unkown5454 View Post
no where in those posts does PP say they are a bank.

we all hate them, but please don't waste your strength on pure nonsense you made up in your head.
Your correct !!!!

I just had a read of his links.

The latter of his links the last post wat sept 2016 so not new.

All this relates to is changing details if you move country so this thread title is like the film 'dumber and dumber'.

But who is dumber.... pp or OP ?

Where have all the clued up people all gone? I think they made their money and naffed of maybe
Reply With Quote
  #14  
Old 12-31-2016
Senior Member
 
Join Date: Aug 2012
Posts: 6,123
Thanks: 1,110
Thanked 1,655 Times in 1,333 Posts
Activity: 0%
Longevity: 67%
iTrader: (38)
Default Re: PayPal affirms that they are a BANK!

PayPal doesn't have a banking license. It is registered as a Money Service Business. A lot of its terms conform to the regulations imposed on banks - I assume just because they want to play it safe from a legal perspective. They do too many shady things to be classed a bank.

That first link makes no mention of PayPal holding a banking license, it just trys to infer they are.

That second link from the community discussion board at PayPal, simply says they are regulated *based* around banking standards - still no mention of a banking license.
Reply With Quote
  #15  
Old 12-31-2016
empirestate's Avatar
Banned
 
Join Date: Mar 2015
Posts: 3,138
Thanks: 44
Thanked 667 Times in 486 Posts
Activity: 0%
Longevity: 52%
iTrader: (1)
Default Re: PayPal affirms that they are a BANK!

Top google search of "is paypal a bank"
Reply With Quote
  #16  
Old 12-31-2016
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,855
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by unkown5454 View Post
no where in those posts does PP say they are a bank.

we all hate them, but please don't waste your strength on pure nonsense you made up in your head.
Anything for emotion unkown...
Reply With Quote
The Following User Says Thank You to rsot For This Useful Post:
unkown5454 (12-31-2016)
  #17  
Old 12-31-2016
Senior Member
Threadstarter  
 
Join Date: Jul 2015
Posts: 317
Thanks: 3
Thanked 21 Times in 20 Posts
Activity: 0%
Longevity: 50%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by Play View Post
PayPal doesn't have a banking license. It is registered as a Money Service Business. A lot of its terms conform to the regulations imposed on banks - I assume just because they want to play it safe from a legal perspective. They do too many shady things to be classed a bank.

That first link makes no mention of PayPal holding a banking license, it just trys to infer they are.

That second link from the community discussion board at PayPal, simply says they are regulated *based* around banking standards - still no mention of a banking license.
Yes, that's true. they try to infer that they are.

But they should have written like Although not a bank, we still require to respect some Banking laws.
Reply With Quote
  #18  
Old 12-31-2016
Senior Member
 
Join Date: Aug 2012
Posts: 6,123
Thanks: 1,110
Thanked 1,655 Times in 1,333 Posts
Activity: 0%
Longevity: 67%
iTrader: (38)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by smartguy View Post
Yes, that's true. they try to infer that they are.

But they should have written like Although not a bank, we still require to respect some Banking laws.
Because when you infer something - you wouldn't want to make a follow up statement that contradicts it.
Reply With Quote
  #19  
Old 12-31-2016
jmag91's Avatar
Senior Member
 
Join Date: Dec 2016
Posts: 336
Thanks: 76
Thanked 45 Times in 32 Posts
Activity: 0%
Longevity: 42%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

I think we should just get Elon Musk on the phone and have him answer the question.


Reply With Quote
  #20  
Old 12-31-2016
Senior Member
Threadstarter  
 
Join Date: Jul 2015
Posts: 317
Thanks: 3
Thanked 21 Times in 20 Posts
Activity: 0%
Longevity: 50%
iTrader: (0)
Default Re: PayPal affirms that they are a BANK!

Quote:
Originally Posted by jmag91 View Post
I think we should just get Elon Musk on the phone and have him answer the question.


Ok. Just called him. PayPal have all the rights a bank have, and all the obligations an indepedent 19 years old women have for her boyfriend.
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 at 100 percent (bank+vinalla cc verified), can't transfer $ from bank to pp? nohnoh PayPal Talk 3 08-05-2015 12:04 AM
Withdrawing to a UK Bank Account from Paypal - Do bank details have to match ? stormrider100 Subscriber Discussions 20 07-08-2011 12:31 PM
Judge affirms $30M judgment against eBay Chris Hanson eBay Discussion! 7 12-27-2007 06:30 PM


Aspkin Group

All times are GMT -5. The time now is 03:19 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