Should I complete direct debt D/D set up? - 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 > Account Topics > Bank Accounts

Bank Accounts General discussions on bank accounts, withdrawing funds, virtual bank accounts (VBAs) and more.

Reply
 
Thread Tools
  #1  
Old 06-02-2017
Junior Member
 
Join Date: Apr 2014
Posts: 10
Thanks: 1
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 43%
iTrader: (0)
Default Should I complete direct debt D/D set up?

I added my new bank account on my stealth PayPal . Pay pal request that I complete direct debt set up. Should I complete this set up? Is there an advantage of setting it up? Will setting it up detrimental due to Pay pal and bank account names being different? I am cognizant that they need this set up in case there is a dispute they can withdraw funds from my bank account if funds in my Pay Pal are deficient.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 06-02-2017
Senior Member
 
Join Date: Aug 2016
Posts: 216
Thanks: 35
Thanked 39 Times in 32 Posts
Activity: 0%
Longevity: 25%
iTrader: (0)
Default 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.
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
Action Required - Information Needed to Complete Direct Checkout Sign-Up mtproducts Etsy Discussions 4 04-08-2016 04:43 AM
Paypal has no debt! empirestate PayPal Talk 8 02-10-2016 10:05 PM
Debt after Suspension pikachu784 eBay Suspensions 15 10-15-2014 06:19 PM
Paypal debt sax4 UK PayPal Talk 6 05-29-2010 11:50 AM
Debt collectors cortex UK eBay & Paypal 16 02-15-2009 04:23 PM


Aspkin Group

All times are GMT -5. The time now is 02:09 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 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts