Changed Vendor, money on hold want to close account
bbherb
Contributor
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Posted on
Dec-27-2020
01:30 PM
Hi everyone,
Our company has decided to go with another payment provider, however we a fair bit of cash still on hold. These have been on hold since the end of October and we have filled in and uploaded on the relevant documents that Paypal have asked for. I was wondering, if we close our account, do we get these held funds? Or what happens to them?
Labels:
- Labels:
-
Account Limitations
1 REPLY 1
kernowlass
Esteemed Advisor
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Jan-03-2021
01:05 PM
Normally you can't close an account with a positive or negative balance and i would not advise doing so or you may have 0 access to those funds ever.
Advice is voluntary.
Kudos / Solution appreciated.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
Related Content
- PayPal took money from my account because buyers card issuer took it in Payments Archives
- adding bank account problems in My Money Archives
- Can't access PayPal without my old phone number in My Account Archives
- Change @ name on account in My Account Archives
- Someone added an email to my account so I changed password and deleted that email. in Disputes and Limitations Archives