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paypal holding my funds for 180 days !!!!

Member

Re: paypal holding my funds for 180 days !!!!

it is doing


@destroyed-shop wrote:

absolultey destroyed by paypal !!!

 

i bought a bulk load of digital software from an outside source , i listed them on ebay , sold about 40 % of them ,

buyers all paid by paypal , i literally sent the games after 5 mins of received payment ......

 

i went to withdraw the funds ( from my verified paypal account to my linked bank account !!!

withdrawer was reversed and a hold put on my paypal account ........i then phoned paypal and they said it was held just a precaution and i had done nothing wron and to continue to trade on ebay .........( funds would be released in 48 hours !!!!

 

then a couple of hours my paypal account was frozen for 180 days !!!!

 

i have over £350 in cleared funds , have sent out £350 worth of software and will not get my money for 180 days !!!!!

 

this is disgusting as i have done nothing wrong at all , no bad feedback and all buyers have got their purchases .......

 

you phone paypal they say one thing and the do another ........( even told me to keep seling while account was blobked ......)

 

what on earth am i supposed to do now ? this seems like fraud to me and im going to have to get a solicitor or even get police involved , no reason has been given for closing my paypal account and keeping my funds , i now have lots of stock sold and lots of stock with no way of selling them , all in all i have lost about £1000 because of paypal .....

 

somebody please help !!!!



@destroyed-shop wrote:

absolultey destroyed by paypal !!!

 

i bought a bulk load of digital software from an outside source , i listed them on ebay , sold about 40 % of them ,

buyers all paid by paypal , i literally sent the games after 5 mins of received payment ......

 

i went to withdraw the funds ( from my verified paypal account to my linked bank account !!!

withdrawer was reversed and a hold put on my paypal account ........i then phoned paypal and they said it was held just a precaution and i had done nothing wron and to continue to trade on ebay .........( funds would be released in 48 hours !!!!

 

then a couple of hours my paypal account was frozen for 180 days !!!!

 

i have over £350 in cleared funds , have sent out £350 worth of software and will not get my money for 180 days !!!!!

 

this is disgusting as i have done nothing wrong at all , no bad feedback and all buyers have got their purchases .......

 

you phone paypal they say one thing and the do another ........( even told me to keep seling while account was blobked ......)

 

what on earth am i supposed to do now ? this seems like fraud to me and im going to have to get a solicitor or even get police involved , no reason has been given for closing my paypal account and keeping my funds , i now have lots of stock sold and lots of stock with no way of selling them , all in all i have lost about £1000 because of paypal .....

 

somebody please help !!!!




it to me as well and i don't know what to do so help me

Member

Re: paypal holding my funds for 180 days !!!!

My account starts at 20$ but i was buying and selling bitcoin. I was getting good now but paypal make my account limited for 48$ And i wish get my money in 180 days. I will make sure all my friends will know about this so that they will never use this.
Member

Re: paypal holding my funds for 180 days !!!!

The same happened to me holding my money for 180 days but its fraud because they will be using the money.Am sure if no action taken to expose them they fraud a lot and am sure by 180 days you won't access the account because its a planned scam by PayPal.They are real scam serious fraud as well.

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Volunteer Advisor

Re: paypal holding my funds for 180 days !!!!

@John371

 

Paypal holds your funds for 180 days as that is the same timeframe that buyers have to open paypal disputes.

So if no disputes are opened against you in 180 days then you are allowed to withdraw the funds.

Hardly fraud as you agreed to this when you opened your paypal account and agreed to their user agreement.


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New Community Member

Re: paypal holding my funds for 180 days !!!!

Im really confused with this policy. NO banks have the rights for this. 6 months can make anybody die 

Volunteer Advisor

Re: paypal holding my funds for 180 days !!!!

@hvkhanh90

 

Paypals user agreement was legally approved in every country it operates in.

So legally yes they can.


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New Community Member

Re: paypal holding my funds for 180 days !!!!

@kernowlass

The problem that Paypal often blocks the accounts without a good reason

Almost people are looking for a better payment method

Volunteer Advisor

Re: paypal holding my funds for 180 days !!!!

@hvkhanh90

 

My point is that there is always a good reason.

Why would paypal block accounts for no reason.

The argument that they can get 'interest' on the funds is surely countered by the fact that paypal would make far MORE money if you could keep on using your account either via seller fees OR if you are a buyer fees from any sellers you purchase from.


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Member

Re: paypal holding my funds for 180 days !!!!

@kernowlass

There is nothing help you are giving neither advice.Research and advice well first before uttering unhelpful information

Volunteer Advisor

Re: paypal holding my funds for 180 days !!!!

@John371

 

I can give advice and its up to anyone whether they accept that advice or not.

I also have the right to my opinion the same as you have whether you like that or not.


Advice is voluntarily given.
Kudos / Solution appreciated if I helped you.