Re: Should I complete direct debt D/D set up? As far as I am aware DD is mandatory, its purpose I believe gives PayPal the ability to automatically debit funds from your account in case of chargebacks however, you should NEVER send funds through PayPal direct via your bank as it is "suspected" to reveal the account name. You should go ahead and setup the DD, but always make sure you leave a balance or at least have a card with funds just in case you need to pay for say eBay fees..
I had a situation once, where I refunded a buyer in the UK however I only had USD balance, PayPal decided to attempt to refund the buyer directly from my savings account, due to this it automatically unlinked the savings account and would not let me add it. A short cal had it sorted out but I was sketched at the fact they may of had the real name tied to the bank account. |