Will Paypal take money from my bank without permissions or automatically?

[gktmdals6423]

Hi...

I'm in a very difficult situation,

Since someone chargedback money, now i have negative balance....and i cannot resolve this  as i do not want money coming out of my account, also do not want to make up negative balance for nothing-_-

so my question is..will paypal take money from my bank account without my permission to recover negative balance??

I really don't this to happen...i cannot afford it... 😞 please help

[kernowlass]

Because you have a neg balance paypal will expect you to pay them back.

If you don't then eventually the debt may be passed on to debt collectors.     

[gktmdals6423]

wats gonna happen then...?

[gktmdals6423]

Well.. what i found from googling is

 [ New ]

on Jun-08-2012 02:40 PM

Hi there xxxxxxx (i jus edited to xxxxx for his privacy) 

If your balance is negative we do not attempt to take the funds from your bank account. 

It is up to yourself to resolve a negative balance, just to note however if you receive a payment through PayPal this is automatically taken off your negative balance.

Hope this helps

xxxxxxxxx (same here for privacy)

this was from 2012 jun 08 its pretty recent...and answered by paypal moderator...

so basically...they won't touch my bank account at all or send it to debt collectors but later when i receive money through paypal, i wont get money? i mean... i will get money but it takes off from my negative balance by automatically.. is that right? 😞 

[gktmdals6423]

Hi there xxxxxxx (i jus edited to xxxxx for his privacy) 

If your balance is negative we do not attempt to take the funds from your bank account. 

It is up to yourself to resolve a negative balance, just to note however if you receive a payment through PayPal this is automatically taken off your negative balance.

Hope this helps

xxxxxxxxx (same here for privacy)

this was from 2012 jun 08 its pretty recent...and answered by paypal moderator...

so basically...they won't touch my bank account at all or send it to debt collectors but later when i receive money through paypal, i wont get money? i mean... i will get money but it takes off from my negative balance by automatically.. is that right? 😞 

[kernowlass]

No they can't ever touch or take money from your bank account without authorisation and yes if you sell and money comes into your account they will keep that to pay off your neg balance.

However if the neg balance continues for a long time with no sign of someone clearing it then yes i have known of people that have had debt collectors call to recoup that payment like this person although theres was ebay fees that were due.

 https://www.paypal-community.com/t5/Refunds-and-cancellations/Overdrawn-by-debt-collection/m-p/49072...

[gktmdals6423]

thats... bs..

i didnt do anything and ..the buyer jus chargedback for no nothing..

not like he gav my stuff back...

wat sud i do about it? -_- 

this is completely bs.. 

[Terri10]

I know exactly HOW YOU FEEL - its pants, im going to leave paypal, there are others out there - ive just got to find them!! but im with you BS

[gettingpisedoff]

I'm sorry, but that's simply not true.

My recent experience is - Paypal have made 2 unauthorised withdrawls. One from my  Paypal balance and one from my bank account. Both were definitely unauthorised and bear no relation to any transactions on my account. Paypal have simply taken whatever money they feel like.  I'll be commencing legal action if Paypal do not return my money or give me an explanation as to what's happened. 

[jessie09631]

bro? I want your info about this? did paypal take money on your account ? Please reply asap. Thanks 

[ninofm]

Yes from my bank account PayPal toke more than 73pounds to refund a buyer who never return the item and who thanks to PayPal the buyer have the item and the money now. All thanks to PayPal. I have been rip off!!!