I am reading about reserve funds...?

Normally you will not need to worry about this. A reserve funds is one which they hold back a percentage of your earnings which you can only withdraw only after X number of days. This amount would be reserved in anticipation of any chargebacks or disputes.

Usually you would have funds reserved unless your account or transactions are deemed to be high risk.

http://www.paypal.com/cgi-bin/webscr?cmd=xpt/UserAgreement/ua/USUA-outside#biz-policy

10.4 Reserves for Premier and Business Accounts. When managing risk for Premier and Business Accounts, we may take various steps, such as establishing a Reserve, changing the speed or method of payment for withdrawals, and/or requiring you to deposit funds with us as security for your obligations to us or third parties. The following types of events may cause us to establish a Reserve:

You cease a substantial portion of or your business or adversely alter your business/operations;
There is a material adverse change in your business;
Your business becomes insolvent;
We receive a disproportionate number of customer complaints, Reversals, Chargebacks, Claims, fees, fines, penalties or other liability related to your Account; or
We reasonably believe that you will not be able to perform your obligations under this Agreement, the Card Processing Agreement, or any other agreement you have entered into with PayPal.

We may immediately establish a Reserve if we reasonably believe that it is warranted under this section. If we establish a Reserve, we will provide you with notice specifying the terms of the Reserve. You may close your Account if you object to the Reserve. We may increase or decrease the amount of the Reserve, provided that in our reasonable judgment the amount of the Reserve is related to the risk for which it was created. If your Premier or Business Account is closed for any reason, we have the right to hold the Reserve for up to 180 Days. The Reserve will not be enrolled in the Money Market Fund even if the remainder of your Balance is enrolled in the Money Marked Fund, so you will not receive dividends or other earnings on Reserve funds.

PayPal Documentation. You must comply with the implementation and use requirements contained in all PayPal documentation accompanying the Services.. If you do not comply with PayPalâ€™s implementation and use requirements you will be liable for all resulting damages suffered by you, PayPal and third parties.
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I am reading about reserve funds...?

Toni24 Guest

eddy2099 Peon

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I am reading about reserve funds...?

Toni24 Guest

eddy2099 Peon

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