paypal holding my funds for 180 days !!!!

destroyed-shop
New Community Member

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 !!!!

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294 REPLIES 294

Ashman1
Contributor
Contributor

I have the same issue. They are a joke!!! 

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homerlea
Contributor
Contributor

At least they gave you a reason. They froze my account permanently, seized my money and told me they don't have to give me a reason. I have been selling for 20 years.

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Hayden05181
New Community Member

That is also same thing that happened to me they hold it for no reason. They everything is good in my account and I did nothing wrong. I even ask them if they need something just to remove the limitation on my account and wthdraw it and they said that I just need to wait for 180 days. I kept on calling them and they also kept on transferring me from different department to a different department. That is really disgusting and frustrating.

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temp20181025a
New Community Member

Same figgin **bleep** happend to me last month

I called them they told me to just wait 180 days.

I ONLY BOUGHT FROM WISH / Game companies ( Steam etc )

I told them that it is pretty familiar with PayPal,

They are **bleep**ing investing every penny they get!

Those **bleep** are so **bleep**ing stupid

If i don't get my money back in EXA fracking CTLY 180 DAYS i will call Better Call Saul

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Rerenails36
Contributor
Contributor
If there is any on that would like to sue PayPal for holding funds an violating the term and condition please reply to this topic so we can form a group I have a good lawyer already to. Move on this thank you davis
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Zowie-23
Contributor
Contributor
Iam in the same boat they will not give me mind they keep saying I have to wait 180 days
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kernowlass
Esteemed Advisor
Esteemed Advisor

@Zowie-23


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.


Advice is voluntary.
Kudos / Solution appreciated.
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mixxitmanvinyl
Contributor
Contributor
It’s now been over 180 days and they still aren’t releasing my money. So now what? I’m seriously considering a class action lawsuit. I had to go ahead and send the vinyl albums that were purchased for free and not even use my payment from the sales for shipping. They gave me a notification that stated “type of business” I sell new Dj remix CDs and vinyl. Music. Dance music. What’s wrong with that ? They act like I was selling pornography or my body! 😫
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cesarvera78
Contributor
Contributor
Its 2020 now and did the same to me. Did they eventually release your money? Thanks
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cesarvera78
Contributor
Contributor
Will I actually get my cash back? Like do they really release the money in 180 days?
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