How can I close/rectify my PayPal accounts?

UbuntuLinux
Contributor
Contributor

I own several PayPal accounts. After my newest account couldn't send money, I conducted some research and found a help article which states I am allowed one personal account and one business account. I'm concerned I have broken the policy. Now that I understand the problem, can I close the other accounts? I want to fix this. I originally created the extra accounts to help manage money. I.e., I pay my friend who, then, pays my cellular bill. To avoid accidentally using money that I need to pay the cellular bill, I save it to another PayPal account. I have $102.60 in an account that cannot send money. I'm concerned I might be locked out of my money. Any ideas?

 

I referenced this article https://www.paypal.com/selfhelp/article/can-i-have-multiple-paypal-accounts-faq762

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Quandary
Advisor
Advisor

All we can do is offer some advice:

 

Closing Your PayPal Account

When you close your PayPal account, PayPal will cancel any scheduled or incomplete transactions.  You must withdraw any PayPal balance from your PayPal account prior to closing it.  You cannot withdraw PayPal balances associated with digital gift certificates/cards that are purchased through PayPal Digital Gifts and linked to your account as payment methods.  However, even without your PayPal account, you can still use the codes you received by email when you purchased the gift certificates/cards to make purchases.

You will remain liable for all obligations related to your PayPal account even after the PayPal account is closed.

In certain cases, you may not close your PayPal account, including:

* To evade an investigation.
* If you have an open PayPal Credit account linked to your PayPal account; however, your PayPal account can be restricted at your request so it is only open to enable you to service your PayPal Credit account.
* If you have a pending PayPal Pay After Delivery transaction, PayPal will not close your PayPal account until that transaction has been completed, but PayPal may limit your ability to make additional transactions using your PayPal account.
* If you have a pending transaction or an open dispute or claim.
* If your PayPal account has a negative balance.
* If your PayPal account is subject to a hold, limitation or reserve.

 

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