Crediting a negative balance
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Hi Bexcellent,
when you make a payment through PayPal, unless you change the funding source at the time of payment PayPal will try to draw funds from your bank account first (unless you have a balance in your paypal account). PayPal will make 2 attempts to withdraw funds from your bank account, once those two attempts fail then they will try to withdraw funds from your back up funding source if you have one such as a credit card.
If you have no balance in your bank account, you may be either charged a Non-Sufficient Funds fee by your bank which can be $40.00 or your bank may offer a 'convenience' allowing you to overdraft your account but you'll be hit with interest charges and overdraft fees.
You claim to have a negative PayPal account balance, does your PayPal's account page actually show a negative number? If there is truly a negative number balance on your PayPal, you will have to send money to your PayPal account either by funding from your bank account or funding from credit card.
Something with less than three legs, but more than two.
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i have just paid for an item which included an amount for negative balance to paypal,i then bought another item which has the same negative balance added to it ,i cannot pay for the second item while the negative balance is added,how and when will my accouint reflect the payment of negative balance payment.
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If you clicked on " add funds" and selected the slower option to transfer the funds then it takes 5-7 days.
The other option you have now you have started the transfer if you don't want to wait is phone customer services and they can clear it for you over the phone via a card.
Then the transferring money will be credited to your paypal balance and you can spend it on items or withdraw it back to your bank account.
Advice is voluntary.
Kudos / Solution appreciated.
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I know how my friend is negative but like i want to know how come my friend can have a negative balance and buy things without money. But say i dont have any money it just doesn't let me pay for anything so how is it possible for a negative balance? Do you need to apply for it or something?
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