Can Paypal Withdraw funds from unlinked bank account - 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 02-10-2017
Junior Member
 
Join Date: Dec 2010
Posts: 15
Thanks: 0
Thanked 3 Times in 2 Posts
Activity: 0%
Longevity: 77%
iTrader: (1)
Post Can Paypal Withdraw funds from unlinked bank account

I had sold some used electronic gadgets on ebay 4 months back.One of the buyer said his item (xbox) is not working and wanted to return it for a refund
Actually,I have not given any kind of warranty and sold as used (as it is)

I have removed bank account from my paypal account and no credit card is attached .Now I would like to know can paypal still withdraw from bank account if my account goes negative (if ebay refunds the buyer)
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 02-10-2017
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: Can Paypal Withdraw funds from unlinked bank account

I don't think PayPal can do that. Also 4 months later? I don't think this person has a chance of a return.
Reply With Quote
  #3  
Old 02-10-2017
Junior Member
Threadstarter  
 
Join Date: Dec 2010
Posts: 15
Thanks: 0
Thanked 3 Times in 2 Posts
Activity: 0%
Longevity: 77%
iTrader: (1)
Default Re: Can Paypal Withdraw funds from unlinked bank account

Quote:
Originally Posted by MM78 View Post
I don't think PayPal can do that. Also 4 months later? I don't think this person has a chance of a return.
Thanks
I am worried cos paypal has 180 days charge back /refund policy and going by paypal track record of siding with buyer ,I am worried if it refunds buyer and my balance goes negative and attempts to withdraw from my checking account
Reply With Quote
  #4  
Old 02-11-2017
sax4's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 4,517
Thanks: 1,806
Thanked 1,040 Times in 774 Posts
Activity: 38%
Longevity: 81%
iTrader: (0)
Default Re: Can Paypal Withdraw funds from unlinked bank account

Not possible as long as account as been removed
Reply With Quote
  #5  
Old 02-11-2017
Junior Member
Threadstarter  
 
Join Date: Dec 2010
Posts: 15
Thanks: 0
Thanked 3 Times in 2 Posts
Activity: 0%
Longevity: 77%
iTrader: (1)
Default Re: Can Paypal Withdraw funds from unlinked bank account

Quote:
Originally Posted by sax4 View Post
Not possible as long as account as been removed
Thanks for the info
Reply With Quote
  #6  
Old 02-12-2017
Senior Member
 
Join Date: Sep 2011
Posts: 3,126
Thanks: 11
Thanked 761 Times in 582 Posts
Activity: 0%
Longevity: 72%
iTrader: (0)
Default Re: Can Paypal Withdraw funds from unlinked bank account

'As is' is meaningless to PP, they say it can be returned and refunded for 180 days, and EB and PP terms supercede yours.

Just FYI, technically, you haven't removed the bank account, they still have the all the info, but you have effectively rescinded your permission to debit the bank account.

They will draw your PP negative, though, and then send a collection agency after you.

If the PP is in your real name they can and often will ding your credit report.
Reply With Quote
  #7  
Old 02-12-2017
Junior Member
 
Join Date: Jan 2017
Posts: 221
Thanks: 0
Thanked 23 Times in 22 Posts
Activity: 0%
Longevity: 42%
iTrader: (0)
Default Re: Can Paypal Withdraw funds from unlinked bank account

Quote:
Originally Posted by MM78 View Post
I don't think PayPal can do that. Also 4 months later? I don't think this person has a chance of a return.

BUYERS always have 6 months to do a chargeback. Especially if you are unresponsive during the dispute.

Your bank account info is still seen by paypal. Unlinking does nothing. However, paypal usually just puts your balance in negative and they usually dont take out of the bank account.
Other than that, everyones answers are pure speculation. If you want 100 percent accuracy, you close your account.
Reply With Quote
  #8  
Old 02-12-2017
Junior Member
 
Join Date: Jan 2017
Posts: 221
Thanks: 0
Thanked 23 Times in 22 Posts
Activity: 0%
Longevity: 42%
iTrader: (0)
Default Re: Can Paypal Withdraw funds from unlinked bank account

Quote:
Originally Posted by dallis View Post
'As is' is meaningless to PP, they say it can be returned and refunded for 180 days, and EB and PP terms supercede yours.

Just FYI, technically, you haven't removed the bank account, they still have the all the info, but you have effectively rescinded your permission to debit the bank account.

They will draw your PP negative, though, and then send a collection agency after you.

If the PP is in your real name they can and often will ding your credit report.
They CANT DING YOUR CREDIT without a SSN. Real name, real address means nothing. So easy to dispute.
Reply With Quote
  #9  
Old 02-13-2017
Junior Member
Threadstarter  
 
Join Date: Dec 2010
Posts: 15
Thanks: 0
Thanked 3 Times in 2 Posts
Activity: 0%
Longevity: 77%
iTrader: (1)
Default Re: Can Paypal Withdraw funds from unlinked bank account

The purpose of my thread is to know if anyone has gone through this situation

cos all the opinions here are just assumptions and possibilities
Reply With Quote
  #10  
Old 02-13-2017
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
Default Re: Can Paypal Withdraw funds from unlinked bank account

Quote:
Originally Posted by kirch View Post
I had sold some used electronic gadgets on ebay 4 months back.One of the buyer said his item (xbox) is not working and wanted to return it for a refund
Actually,I have not given any kind of warranty and sold as used (as it is)

I have removed bank account from my paypal account and no credit card is attached .Now I would like to know can paypal still withdraw from bank account if my account goes negative (if ebay refunds the buyer)
No they cant
Reply With Quote
  #11  
Old 02-13-2017
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: Can Paypal Withdraw funds from unlinked bank account

if the bank account has been removed they cannot charge it.
If youre realy concerned about it just shut down the account and reopen it under a new number - go to the bank and tell them youre worried someone might have gained access to your financial information and that youd rather be safe than sorry. I did it myself a couple of times when I wanted to replace all my bank account number with a bank to be able to use them all again.
__________________
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
The Following User Says Thank You to slokor For This Useful Post:
rsot (02-13-2017)
  #12  
Old 02-13-2017
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,858
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: Can Paypal Withdraw funds from unlinked bank account

I have done the same as slokor - I also have turned 2 accounts to deposit only to prevent withdrawal
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 won't let me add bank account to withdraw funds 3rdRockFromTheSun UK PayPal Talk 4 06-23-2013 11:13 AM
Paypal trying to withdraw Funds from my Bank Account!! aking PayPal Talk 2 03-02-2010 12:51 AM
PayPal UNLINKED my Bank Account dearebayusuck PayPal Talk 12 02-05-2010 02:17 PM
Paypal withdraw funds to my bank / bank hold angelinatl Paypal Limited 19 06-12-2009 10:22 PM


Aspkin Group

All times are GMT -5. The time now is 09:52 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