Will PayPal take funds from my linked bank account if my PayPal Balance is negative?

Discussion in 'PayPal' started by Starpluck, Sep 17, 2010.

  1. #1
    I'm not in the negative yet, however I am a seller and assuming someone scams me by doing a chargeback and it places me into negative balance, will PayPal take funds from my linked bank account?
     
    Starpluck, Sep 17, 2010 IP
  2. Ligra

    Ligra Member

    Messages:
    125
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    26
    #2
    As I know they do not have the authority to take money from your bank account without your permission.
     
    Ligra, Sep 17, 2010 IP
  3. extremephp

    extremephp Peon

    Messages:
    1,290
    Likes Received:
    32
    Best Answers:
    0
    Trophy Points:
    0
    #3
    If You are from US, They Will! :)

    Or if Your Bank is a Direct Debit , It will be taken! Or else, It Wont be deducted!

    ~ExP~
     
    extremephp, Sep 17, 2010 IP
  4. Starpluck

    Starpluck Peon

    Messages:
    7
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #4
    Are you serious? I am from U.S.
     
    Starpluck, Sep 17, 2010 IP
  5. JoomlaDesigner

    JoomlaDesigner Active Member

    Messages:
    956
    Likes Received:
    10
    Best Answers:
    0
    Trophy Points:
    60
    #5
    Yes, I think they can take but not sure. You can go through their policies regarding when you get your balance in negative.
     
    JoomlaDesigner, Sep 17, 2010 IP
  6. magicworld11

    magicworld11 Well-Known Member

    Messages:
    1,310
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    105
    #6
    Yes in USA they may charge your bank account as you have agreed to their terms and condition while verifying your bank a/c with them.
     
    magicworld11, Sep 17, 2010 IP