PayPal limited w/ negative balance: will they tap your bank acct?
Here's a two-part scenario that I'd like some opinions on:
1) If your PayPal account gets limited before you have a chance to remove the linked bank account (because the account number cannot be removed after limitation), and a negative balance develops on the PP account, can and will PP initiate a withdrawal of funds from the linked bank account?
2) Obviously, closing the bank account would be the easiest way to prevent any withdrawal attempts by PayPal. But if the bank account remains open, and there is a zero balance in the bank account, would any banks allow PayPal to make the withdrawal by covering the amount (per bank policy) and then stick the account holder with a negative balance to be repaid to the bank, plus any insufficient funds penalties? Then PP would have "their" money without your direct authorization, and the problem would be between the bank and account holder...
Thanks for any input or info!
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