All HK ebay a/c should link with paypal on 9 July
From 9 July, all ebay HK sellers should link paypal a/c to their ebay a/c ,otherwise; they will only sell in ebay.com.hk only. Is it global ebay web site also launch same policy in different countries?
Besides, I saw PayPal new policy today which stated paypal will accept some users (include HK ) transfer money from their bank a/c to their paypal a/c on Sept 08:
PayPal Policy Updates
Amendment to the PayPal Payments Policy
Effective Date: September 3, 2008
Beginning September 3, 2008, PayPal will introduce a new method to add funds to your PayPal Account in select countries.
Adding Funds to your account (Topping up)
1. Topping up. PayPal customers in the following countries may add funds to their PayPal Account via bank transfer from their local bank accounts: Italy, Ireland, Belgium, Austria, Denmark, Greece, Portugal, Poland, Finland, Hungary, Czech Republic, Luxembourg, Singapore, Hong Kong and Mexico. Funds may be used for the purchase of goods or services over the internet. Due to bank processing times, it may be a few days from your initiation of the transfer that the funds will appear in your PayPal Account.
2. Fees. PayPal will not charge you a fee for topping up from a bank account, however, your financial institution may charge you a fee to send the funds to PayPal. Please check with your bank prior to sending funds.
3. Limitations. Only customers in the countries listed above may add funds to their PayPal Account via bank transfer. The funds must come from your bank account into a PayPal Account with the same name as the registered account holder. In the event you attempt to send funds from an account wherein the name on the PayPal Account and the name on the bank account do not match, the funds transfer may be rejected by PayPal. You will be liable for any fees incurred for attempted transfers to accounts that do not have the same registered owner. For fraud, risk and regulatory reasons, PayPal reserves the right to limit the amount that may be topped up at any time.
4. Redemption. Top up funds may be redeemed for good or services from other PayPal customers and may be refunded to your registered bank account, where available and in accordance with PayPal’s withdrawal policies as shown below.
If the user name of bank a/c is different from their paypal a/c (like credit card info.), their money will hold/ freezed by paypal. Is it dangerous transfer funds from bank to paypal?
I do believe paypal would like to catch more personal info for each paypal a/c through that policy. Right?
Last edited by hihiwhy; 08-17-2008 at 04:08 PM.
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