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We made 2 small deposits into your bank account. (We retrieved them soon afterwards.)
 

Dear xxx
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We made 2 small deposits (less than $1.00 USD) into your bank account. (We retrieved them soon afterwards.)

And the rest of the email continues.

So does this mean they will retrieve my deposits after I confirm my bank account or how does this work? It says we retrieved them so that means they already took them bank, but im still waiting on the deposits to show on my account.

Does this also depend what bank is used?

Yes - welcome to the forums. PP has been doing the 2 deposits and then removing them regularly these days.

All the best.

Old thread, but I have a question.
I received 2 small deposits today along with a withdraw back in the amount of both deposits.
My question is, since PP withdraw them back, will real name and other info on bank be exposed to them?

It can be exposed since a receipt is generated but will it cause problems? Maybe not since it was one time. Only time will tell for 100%

Has there been any bad experiences with this?

Does this also happen in the UK? I have not had to do it for a few months so I'm out of the loop with this

:ranger:

It has never happened to me, no. And their deposits are therefore a nice little earner for me.

But not now, Elijah.
They take out what they put in at the same time.
Now is the time to wait my account gets limited.:pry:

This withdrawing of the deposits by paypal is not happening in the UK (at least not yet anyway).

Check the country flag.

UK paypal does not have this problem yet

USA does :peace:

I think, the solution is to contact your bank in advance. Tell them to not allow any auto-withdraws except by permission. So, PP could only deposit but not withdraw.

Yes, Im in the USA...this is news to me.

If they can put it in, they definitely can take it out.
They do it now in US, then they will do the same for other countries too sooner or later.
Everyone doesn't want to loose their money.
Not just PayPal, many other financial companies do like this.

Oh? That will not work. By accepting the T&S of paypal you allow them to touch your bank accounts.:juggle:

E bay deposited the two small amounts into my two latest accounts and took the money back the next day.

The did this to another account that i'm using regularly about 6 months ago and i haven't had a problem yet.

I thought when they receive money from your bank.....it gives them your real name.

I would've been nailed right there.

It has got to be automatically cross referenced for suspended or whatever names. Don't it ?

I just keep my fingers crossed every time i log in nowadays.

I try and not ruffle any feathers with them

They seem to be leaving me alone.


Yes, you can go to your bank and tell them to not do any withdrawals, but i think P aypal will shut you down immediately when try to get their .15 cents back, and can't. Or at the very least, do a personal look at your account.

Cashew,

Which bank did you use for EBAY to do this?

paypal is the usual party.:juggle:

I would like to know for certain. Perhaps pay-pal is applying an automatic debit and from my understanding an account holder can apply what is called: “revocation of authority” to stop per-authorized debit.

A description of the procedure to stop pre-authorised debit payment is shown in the USA department of treasury website. Answers about Automatic Withdrawals and Pre-Authorized Payments

Obviously it is not a benefit if pp, finds out that it was done and flags the account.

if you dont input the small deposits
there going to retake the money

i am currently using local banks.

there are a few branches of chemical or isabella banks

They are not national banks

i think chemical has about 20 or so branches in mi and isabella only has about a dozen branches

both will let me have as many accounts as i want

I had this happen for the first time in my 5+ year stealth career. Lol not :(. I upgraded a PayPal I have had idol in advance to use. I added the bank and same thing happened to me. I got the two bank deposits of .10 and .07 cent Credit then I got got the .17 cent Debit which has gone to I have no idea where. I was able to confirm the gift-card I am using for the credit card and have the $1.95 credited back to my account so I am a verified member. However, the debit on the paypal bank confirmation has me spooked. I never had this happen before. My accounts are still in good standing but this is first I have seen. For those wondering it was a Chase account.

PrePaid
 

I use a prepaid card that has an ACH for direct deposits. this is where i have paypal money go then spend it from there. i used ACH # for them to send the 2 deposits to, received deposits but they have not tried to remove yet(and when they do they cant as the card wont let them naturally) we will see how this goes... currently verified but juts did this a day ago :typing:

care to post which prepaid? :)

Yes, also interested in which one.

Ill give you a list of the cards. All prepaid.

Account now
Smione
Kaiku
Halogen card
Mpower
Onewest bank

These are the cards that I personally use and they have NOT taken the deposits back.But, I personally have a habit of not activating the card until I am right at the add bank account page.

Halogen No good, at least not for me. Blocked after a $20 trial deposit with mismatch names.

that is good to know, it happend to me right now too, deposits went back - now does this really reveal my real account info? if so, why paypal still confirm my bank and lift the limit? is this a concern only down the road?

also, my question is, when you buy using paypal, you should not let it take money out of your bank automatically, then what? how do you pay for the purchases you do in order to get feedbacks? using linked prepaid creditcard? but i remembered paypal let you confirm that any payments will be funded with the bank account (not the creditcard i think?) if not enough money in paypal.

Ill keep that in mind. Ive only received around $110 altogether but the account is resting atm so Ill try another transfer to see if they block it.

Well, I usually add money from the credit card on file. I use my own CC (vanilla visa) with a 20 buck balance. when buying stuff to build an account, Paypal takes the money right from the CC after you confirm it. (1.95 - 20 = $18.05 balance to spend)Do not mistake it for being added to your paypal account.
I usually never touch the Bank account when buying.

Sounds good, hopefully it works for you. I realized the account was a goner when I could not log into the website and then called, then was given all the ya-da-ya-da about needing all kind of info.

Yes, $1.95 would be in your account once you confirm 4 digits code.
How much did they have if they took it away from all of their customers.

Sent from my Sony Tablet S using Tapatalk 2

Same here works very well.... I have about 50 cards in laying around just to toy with buying small stuff that ends up I have no idea where....

I was using the walmart 1, but they closed it after i deposited about 20k onto it... balance was at -$4 when they closed it though :bounce: now im using accountnow, paypal tried to withdraw, withdraw failed..... still verified.... keeping fingers crossed

thanks very much for your help! my questions is, since i have both linked a vcc and a real bank account, would pp still automatically take funds from my vcc, but not from the bank? or do i need to set a preference somewhere/get to choose from which to take the money from when paying? or you add vcc first, do the buying, when you have a few feedbacks, you then add the bank account?

maybe 20k is really too much? guess 2k would still do the trick for walmart 1?

ya they closed it but gave me 30 days to get/spend the money on it. it was at -$4 so didnt care. they told me it wasnt meant to be used for business purposes. think they were mad that i hadnt paid any fees for 8 months because i deposited over $1000 a month and i was just buy stuff with card and debit money out at cash register costing me nothing...

i had that experience too then, one bank closed my account because there were too much money and too many transactions, i guess when it goes beyond certain threshold they detect you as business. now i pay attention to split among banks, they then run smooth.

This is a pretty old news report, but I wonder if people are still doing this. Maybe this is why more companies are withdrawing the micro deposit.

http://http://www.wired.com/threatlevel/2008/05/man-allegedly-b/

haha, so you send those small stuff to your stealth address? i always buy virtual stuff so don't have to worry about the address thing

sorry to revive an old thread, i'm quite interested to know:

1. does it still happen now?
2. if i use BOA, will they take back the deposit?
3. what happened after? paypal get limited?

Re: We made 2 small deposits into your bank account. (We retrieved them soon afterwar
 

Yes, it still happens now. They even deposit and draw at the same time now

yea, my post was under review - [during the time my post was under review and successful approved] paypal has retrieved back their two deposits from my BOA account.

i asked the other users about their experiences, they sorta reassured me that nothing (bad) shld happen.
so im crossing my fingers.

somehow i feel that paypal would know the real identity of the (BOA) account.
felt like i shld have gone with option no. 3 (phone call)

Your post was under review? what you mean?