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This is only thing I can dig up concerning Wells Fargo and PayPal:
If you have a Wells Fargo card linked to your PayPal Account and make a payment with that card your transaction is monitored by Wells Fargo risk and fraud detection systems. Wells Fargo card purchases also are protected by Zero Liability, which means customers are not responsible for promptly reporting unauthorized transactions.
As far as a "Custodial Account" - that's a different animal. A custodial account is a savings account accessible through a financial institution, mutual fund company or brokerage firm that an adult controls for a minor under the age of 18, depending on state laws. It can also be a retirement account handled for eligible employees by a custodian. In a custodial account, approval from the custodian is mandatory for a minor to transact securities.
I have no clue, I have both a personal and business and nothing like that happened. Things can change and do from time to time but, have not heard about this. Maybe some one else has some insight. To be clear, this happened when you opened a Personal Account. Normally, when one opens a regular PayPal Account, they link and confirm a bank account and credit card and their account is verified and good to go. There's no direct deposit setup in the process. If you have one of the other PayPal products like the Prepaid Debit Mastercard, you can setup a direct deposit for your pay check, etc.
So I seem to be missing something here - sorry. Perhaps customer service has an explanation.