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Old 1 Week Ago
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Default PP question

What happens if you withdraw all money from pp to buy more stock , while there is no money in pp, and there are some cases open for item not received or item not as described. If there is no new sale for sometimes and no money being added in pp from other pp.

What pp will do? Can they take money out of the bank attached to it or how will it work? Will you be notified from bank that pp trying to withdraw money
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Default Re: PP question

In US,it will ask you to transfer enough fund from your bank account to bring it to neutral,if you do not,it will send the deficit to collection agency,your account will remain with a negative balance.
It could get its money ,I am not privy to disclose here.
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Default Re: PP question

Quote:
Originally Posted by winge00 View Post

What pp will do? Can they take money out of the bank attached to it or how will it work? Will you be notified from bank that pp trying to withdraw money
If there is money in your bank account or the bank allows overdraft withdrawal, PP will try to auto-debit as an initial step
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Default Re: PP question

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Originally Posted by rsot View Post
If there is money in your bank account or the bank allows overdraft withdrawal, PP will try to auto-debit as an initial step
Thank you for your response,
Is this procedure in Canada or UK OR same worldwide. My pp is in UK.
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Default Re: PP question

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Originally Posted by rsot View Post
If there is money in your bank account or the bank allows overdraft withdrawal, PP will try to auto-debit as an initial step
are you sure,Paypal used t o do that and then said they will not.
has it changed?
do you know of an actual incident ?
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Default Re: PP question

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Originally Posted by agent006140 View Post
are you sure,Paypal used t o do that and then said they will not.
has it changed?
do you know of an actual incident ?
They said they will not - when? It happened to a business operation of mine in 2018 so yes, a few years back but still feels relevant
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