Paypal Negative Balance, problem, Needs Suggestions

Hi friends,
i am into a problem with my paypal account. Actually due to some transaction they charged me 967$ as a negative balance, and when i asked, why that 967$ is an negative balance, they told that due to currency and forex flow they charged this.

Actually they held my some payment for 2 weeks for some reasons, and that providing them explanation, they resolved it.

But still my paypal has 967$ as a negative balance. Sorry, but i did not have those funds to sent them, because that is there fault not mine.

Only my Bank Accounts is added with that paypal, and i make funds transfer to my bank account many times.

Can thay charged that amount on my bank, which added here? Or what else they can do? I am no longer using that paypal.

Appreciated Your Answers

thanks

 

They can not take money out of your bank ..Don't worry

 

If you remove your bank account, and credit card. I don't think anything can really happen

 

oh Great, thanks for your reply

And, due to that negative balance, i am not able to remove my bank account
hope, my bank did not charged me that 967$ as a fine

 

write a mail to your representative at the bank.
tell them not to accept charges by paypal.
Make sure you get an answer, so even if paypal charges successfully you can get the money back from your bank.

But you should know: paypal charges a rather high sum if a bank transfer fails

 

Indian Banks do not allow anonymous transfers to anyone. It can be done via Netbanking or via Cheque and Demand Draft only.

So if you have added a Bank account and that account is limited , It will never be able to use paypal again. So In my view or opinion , go for a new Bank account if you are able to .. and oh yes do change your Address as well so that paypal may not get to your home mentioned on the Paypal Account

 

I have been going through the same problem, Paypal deducted from my account on the basis of a six month plus chargeback attempt. Can you even imagine being a merchant and getting hit with a chargeback that is over six months old? Well, they did it, and then told me I have to wait for bank to get back to them, and that can take up to 75 days. What a rip off.

First, how could any chargeback be legitimate after six months. It is obviously an attempt at fraud, yet Paypal could care less. I had a negative balance, and wasn't about to add money to it given the terrible fraud Paypal was allowing. Well, they tapped my bank account attached to account, so for anyone considering using Paypal, don't. They are perpetuating a fraud, and then compounded it by stealing more from my bank to cover a negative balance which should not have been allowed to begin with. Total fraud on both parts.

Disgusted

 

Relax,they cannot take money from your account.