PaulBrooks3
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Posted on
Dec-30-2019
05:48 PM
My question is why is Wells Fargo Bank showing up in my Paypals gmail account? Is Paypal using Wells Fargo Bank for some transactions?
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sharpiemarker
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Dec-30-2019
05:53 PM
If you use direct deposit, its a Wells Fargo account do essentially Wells Fargo holds your PayPal balance. And the pass-through FDIC insurance.
https://www.paypal.com/myaccount/bundle/terms
Kudos & Solved are greatly appreciated. 🙂
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sharpiemarker
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Dec-30-2019
05:53 PM
If you use direct deposit, its a Wells Fargo account do essentially Wells Fargo holds your PayPal balance. And the pass-through FDIC insurance.
https://www.paypal.com/myaccount/bundle/terms
Kudos & Solved are greatly appreciated. 🙂
PaulBrooks3
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Dec-30-2019
06:01 PM
Thanks Sharpie for clarification on what Could've been some mistakes with Paypal on Bancorp bank and Wells Fargo as direct deposits.
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