Oh, how I hate Paypal...........

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You can contact your bank and provide a written statement that the paypal account is NOT allowed to withdraw monies from your account. Or you can have them open a new account and move your funds from the old one, then delete it.
 
Quote:
You can contact your bank and provide a written statement that the paypal account is NOT allowed to withdraw monies from your account. Or you can have them open a new account and move your funds from the old one, then delete it.


DONE!!!
 
If you are going to have it linked to a bank account, I'd HIGHLY suggest you have it linked to an account at a bank that is different from and not affiliated with, your main bank/banking account. That way if your password is ever stolen/you get hacked/you mess up and fall for a phishing scam - they can't go in to your bank records and have access to more money in another account (because lots of people have the same passwords for all bank accounts at one bank).

What I did was open a small 'free' checking account at another bank. I used the account while we lived there for things like garage sale money, so it was a legitimate account. I used that account to sign up for Paypal and had them to the $.02 deposits to there to verify it but I NEVER had them draw money out of that account to pay for anything I'd bought. I always either paid with money already in my Paypal account from something I'd sold or I'd have it use my credit card (so you're protected, because Paypal sometimes refuses to give your money back and your credit card will most often get it back for you).

Then we moved to another state. I closed that bank account when we moved but never updated Paypal on that fact. So they have me verified, unlimited and listed with a bank account attached, but I have no such account any longer and haven't for about 8 years now. I just do the same thing, either pay from existing funds or use my credit card as the payment source.
 
I like paypal...
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ebay is ok, they charge alot... I sell fixed price product I make...

Paypal has taken my side (seller) more than once.. I never have had a problem of any sort... I think they are cheap compared to having a web site and being able to take credit cards...
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ON
 
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That is very odd....I am in your shoes as well but do not have a limit, can send and withdraw money fine and have removed bank accounts over the years..... The only time I had to do any of that repeat stuff was when I initially lifted the $500 per month limit but it was no big deal.

I am happy with PayPal and have been for 10+ years.
 

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