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-   -   Can a closed bank account be charged? (https://www.aspkin.com/forums/credit-card-alternatives/7790-can-closed-bank-account-charged.html)

Exeneva 10-24-2008 10:35 PM

Can a closed bank account be charged?
 
If you use bank account as a method to pay eBay fees, and then closed the account, could eBay still charge the account?

If a bank account is linked to a Paypal account and then closed, could Paypal still deduct funds from the account?

If I gave a bank account to a friend to use to verify his Paypal account and then closed the account, could he potentially rip me by initiating a payment and using bank account as the funding source?

These questions are purely inquisitive and I do not use these methods.

aspkin 10-24-2008 11:10 PM

Not that I know of..

Why else close a bank account other then to stop all transactions.

Exeneva 10-24-2008 11:12 PM

Are you sure? I thought the charge would still go through...

aspkin 10-24-2008 11:32 PM

If it's closed, nothing should be able to come or go from your account. Contact your bank to be 100% sure, but I'm pretty sure.

Exeneva 10-25-2008 05:46 AM

So if someone initiates an echeck from a closed account it should not clear?

Exeneva 10-25-2008 08:02 PM

But here is where it gets interesting. I would be the owner of the bank account. However, if I was to allow my friend to use it for verification and then close the bank account, a bounced check would be initiated from his Paypal account but from my bank account. What would happen then?


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