34K$ stuck on paypal - what to do?

[axele]

I have 34K$ stuck on paypal, it's not in my name. Can I withdraw to debit card without the name being the same or do I absolutely have to let the person who's name it's in know and they get a percentage?
Thanks

[phaz0rz]

Uhhh... how did you get it in there?

[axele]

Originally Posted by phaz0rz

Uhhh... how did you get it in there?

ecommerce and monthly ad payments

[axele]

Originally Posted by phaz0rz

Uhhh... how did you get it in there?

do you know anything about UK debit cards, and whether it's possible in my situation?

[phaz0rz]

If the Paypal is made with somebody else's real information then using the account to run your money through is ID theft.

But you should be able to just add a bank account and withdraw as usual. There are thousands of threads here discussing mismatching withdrawals from Paypal to bank accounts.

[phaz0rz]

If you manage to get your funds out, never let your balance build up that high again. Paypal is not a bank and should not be treated as such. They're known to limit accounts, tell you the funds will be released in 180 days, then send all of your money to themselves right before the 180 days are up using AUP violations as the reason. You're really asking for trouble having that much money in a Paypal account.

[axele]

Originally Posted by phaz0rz

If the Paypal is made with somebody else's real information then using the account to run your money through is ID theft.

But you should be able to just add a bank account and withdraw as usual. There are thousands of threads here discussing mismatching withdrawals from Paypal to bank accounts.

it's a family member and they helped me set it up, are you sure the debit card name doesn't have to match? I've spent a few hours looking through resources and it seems bank accounts must always match and debit cards are 50/50.
Sorry if I'm asking a lot, I don't want to make the wrong move and pay the price for it.

[phaz0rz]

I'm American but UK Paypals have been sold here for years. The people buying them are cashing out to UK banks which don't match the names on the Paypal, obviously. You're unable to set up your "direct debit instruction" thing to let Paypal pull funds from your bank account, but most UK banks will tolerate mismatched deposits coming from Paypal.

[phaz0rz]

Here.. message James. He's an expert on UK matters. https://www.aspkin.com/forums/ebay-a...um-paypal.html

[axele]

Originally Posted by phaz0rz

Here.. message James. He's an expert on UK matters. https://www.aspkin.com/forums/ebay-a...um-paypal.html

just found out they take all the money for 'damages' after 180d if you sold virtual items
RIP!

[phaz0rz]

Yeah if you're already limited and you haven't been cashing out as you go along.. kiss that money goodbye. Never store money in Paypals. :/

[PepsiCoin]

what's your name on skype?

[murdered_by_ebay]

paypal would not release 34K voluntarily , they make a lot of money this way so such large amounts can only be released either after heavy verification (if successful) or if they are taken to court

[harborpoint]

I wonder how much money does paypal have stored in their AUP account? hmm

[Pandoras_box]

Originally Posted by axele

ecommerce and monthly ad payments

Phazor is correct. You may withdraw to a bank with a mismatched name. However, as a semi-large amount is involved, I wouldn't do it unless you have a good history of prior withdrawals between your PayPal account and the bank account. If you don't, it just might get sent back to Paypal.
The alternative is to involve your relative.
Ordinarily, it would be best if you made sure the following docs are at the ready:
Passport / Drivers license, Bank statement for the attached bank, Invoices / Receipts for your transactions related to funds in the PayPal account.


Unless 'e-commerce' involved something against PayPal's AUP, you should get your money back even if it's eventually withdrawn to Paypal under AUP terms when 180 days run out.
Nothing to worry about, really.

Brief AUP here:

https://www.paypal.com/uk/webapps/mpp/ua/acceptableuse-full

[rsot]

Originally Posted by axele

just found out they take all the money for 'damages' after 180d if you sold virtual items
RIP!

Welcome to the forum - all the best as you master stealth

YouTube (Short URL)

YouTube (Short URL)

You got hit with the violation of AUP and money not being allowed out?

[agent006140]

Originally Posted by rsot

Welcome to the forum - all the best as you master stealth

http://youtu.be/TLcuTISVs3s

You got hit with the violation of AUP and money not being allowed out?

pAYPAL has already taken his money!AUP violation.
his crime is digital items,but not all digital items violate AUP

[phaz0rz]

Originally Posted by agent006140

pAYPAL has already taken his money!AUP violation.
his crime is digital items,but not all digital items violate AUP

OP has not yet had his balance drained for AUP violations. He just realized it's a possibility.

[axele]

Originally Posted by agent006140

pAYPAL has already taken his money!AUP violation.
his crime is digital items,but not all digital items violate AUP

haven't taken it yet, but since like 20% of my transactions are online sales it's going to all get taken 100%

[Pandoras_box]

Originally Posted by axele

haven't taken it yet, but since like 20% of my transactions are online sales it's going to all get taken 100%

Online selling is precisely the reason PayPal was born.
What were you selling?

[@NasterXchange]

Originally Posted by axele

I have 34K$ stuck on paypal, it's not in my name. Can I withdraw to debit card without the name being the same or do I absolutely have to let the person who's name it's in know and they get a percentage?
Thanks

Hi
sorry to hear your loss.
Can you tell us more about the country of the account? Do you still have access to the phone linked?