Old checking account still works after merger?

[hannan]

National City has merged with PNC but I created my paypal account before this happened. I recently purchased something online that was linked to my paypal but the transaction has been completed. I have no pending transactions in my bank account, though and this item doesn't appear in my bank's withdrawals. I provided a back-up credit card incase there was no money in my account but the credit card was not charged and I had enough money to do the transaction. The transaction went through but I haven't been charged. What's going on? How is it possible that it went through to a bank that really doesn't exist anymore?

I ordered this on Thursday night and it is now Saturday afternoon.

[PayPal_Adrian]

Welcome to the boards!

This could still turn out just fine.

When banks merge, one of two things happen to your account information - it either changes, or it doesn't.

If your new bank doesn't change the routing and account number, then it will continue to process as normal.

If it does, then we have a different scenario.  They could reject the transaction.  More likely, however, they will send a Notice of Change (NOC) back to PayPal.  This will update our system, and you'll just need to re-add the bank with the new routing number and account number.

Hope this helps,

Adrian