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since ‎May-26-2011
larryshushan
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Re: OK to provide PayPal with bank login info???

by larryshushan Contributor in Receiving money (Archive)
‎May-30-2011 01:54 PM
‎May-30-2011 01:54 PM
Thanks for your reply.  I checked this out with PayPal directly by phone, and, much to my amazement, they do, indeed, require online banking log-in info in order to confirm that you own the bank account you claim to own.  The only reason to link in a hurry to a bank account is to be able to withdraw money immediately from your PayPal account.  So I went ahead and went through the PayPal online process, then PayPal showed my account as "verified", and I promptly changed my online banking password to protect myself against the remote chance that this was actually fraud.  Turns out to have all been OK and legitimate -- just surprising since it resembles phishing.     I have since used my linked bank account to transfer money from PayPal to that bank account, and it worked quickly and without a hitch. ... View more

OK to provide PayPal with bank login info???

by larryshushan Contributor in Receiving money (Archive)
‎May-26-2011 01:03 AM
‎May-26-2011 01:03 AM
I want to retrieve funds that show on PayPal before shipping an expensive item sold on eBay, but PayPal is asking me for confirmation of my bank login ID and password.  How do I know this is legit and not phishing?  Everything about the sale on eBay checks out, but I'm a bit concerned about the request for such sensitive information by PayPal. ... View more
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