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Old 01-11-2017
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Default Accidentally transferred funds to VBA now what???

So I just opened a new banking account to link with my paypal. Got everything verified, all good.. went to withdraw funds for the first time today and being dumb didn't realize it was set to transfer to my VBA not my real bank account.... so what happens now?? I don't think there's a way to cancel.

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Old 01-11-2017
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Default Re: Accidentally transferred funds to VBA now what???

Welcome to the forums. Is is difficult to predict 100% what will happen - it depends on the state of the VBA.

If the VBA is closed then funds will bounce back into the account - and bank might be removed.

If the VBA is open...funds will be accepted and held by owner of the VBA. You better speak to the person who sold you the VBA to find out the likelihood.
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Old 01-11-2017
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Default Re: Accidentally transferred funds to VBA now what???

Nice one mate, you really did a number on yourself huh. I hope it wasn't too much.
Obviously don't speak to PayPal, they love to suspend accounts.
Your seller may be able to help you out! Please tell me if it's resolved I'm interested.

GOOD LUCK!
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Old 01-11-2017
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Default Re: Accidentally transferred funds to VBA now what???

Quote:
Originally Posted by rsot View Post
Welcome to the forums. Is is difficult to predict 100% what will happen - it depends on the state of the VBA.

If the VBA is closed then funds will bounce back into the account - and bank might be removed.

If the VBA is open...funds will be accepted and held by owner of the VBA. You better speak to the person who sold you the VBA to find out the likelihood.
Ok good to know, thanks.

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Old 01-11-2017
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Default Re: Accidentally transferred funds to VBA now what???

Quote:
Originally Posted by purplewhale View Post
Nice one mate, you really did a number on yourself huh. I hope it wasn't too much.
Obviously don't speak to PayPal, they love to suspend accounts.
Your seller may be able to help you out! Please tell me if it's resolved I'm interested.

GOOD LUCK!
It wasn't a lot...... and I know! I get sloppy when I'm tired.. good lord.

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Old 01-11-2017
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Default Re: Accidentally transferred funds to VBA now what???

VBAs are usually shut down once used.
This means the funds will bounce back to the account and paypal will remove the VBA from your paypal account knowing now it is closed. Not an issue since you already have your other bank account attached.
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