Closure of PayPal account -- Any options to renew? Or somebody know what to do?

[vaniaray]

FONT="Arial Black"][/FONT]]Today got message that they are initiating closure of my PayPal account. Anybody know how to solve this kind of sh***t i meat OR there no options at all?? Thanks

[invaluable]

What was the actual message?

[vaniaray]

Here is that message:


We're initiating closure of your PayPal account
After a thorough review of your account, we're initiating the closure of your PayPal account in order to protect us from potential financial losses. You'll no longer be able to use PayPal account.
What happens to your account balance?

If you have funds in your PayPal balance, we'll hold it for up to 180 days. We'll do a periodic review of your account for funds release. A gradual approach to account closure allows us to part ways, while considering any liabilities that may arise.

As we initiate the closure, we must oversee the appropriate movement of funds in your account. If your account balance is below zero, you'll have to settle the amount owed on your account to avoid further action.

How will the process work?

Our first review will calculate our exposure and can result in any of the 3 different outcomes mentioned. After each review, excess funds will be released for withdrawal. We'll communicate the outcome of the reviews to you.

We'll release the entire remaining balance to you for withdrawal. If you chose not to withdraw funds at that point we reserve the right to re-coup any funds at the next review; or
We'll release a part of your remaining balance to you. If this is the case, we'll inform you about how much funds can be withdrawn. We'll then conduct another review; or
We won't release any funds to you if we deem our exposure to be greater than or equal to your available balance.
Your account may be reviewed multiple times; for up to 180 days from the date of this email. If there are funds in your account at day 180, it will be made available for withdraw at that point.
How can you appeal?

If you wish to appeal our decision, you can get in touch with us and let us know. Log in to your PayPal account and click 'Contact' at the bottom of the page. Select 'Managing My Account' as the topic and 'My account is limited' as sub-topic, then send your message.

If your account shows an amount owing to PayPal, you must add funds to ensure that the balance returns to zero. We reserve the right to recover the amount by legal means.

[rsot]

Pretty strong closure message - seems like you still have the chance to appeal the decision - only you know what you're selling and your own chance of appealing...unless you choose to disclose more info, help here might be limited

[invaluable]

Never had this kind of message from my previous permanent limited accounts.
Did you know the possibility why they closed your accounts?
And How much was the balance?

[vaniaray]

it could be that i had few paypal accs in the past which was also banned. But in the support said it because of big amount comes on the balance. but the max I've got it's 690$ for used videocard.