Hello @SarahBruder,
Welcome to the PayPal Community Forum. I can certainly understand how seeing that on your bank statement may be a bit alarming. Normally, that's what you would see when you complete a transaction with PayPal which is funded with your bank account via Instant Transfer. If you did not complete a transaction recently through PayPal with your bank, please login to your PayPal account and report the activity as unauthorized. If you do not see the activity on your PayPal account and you did not complete this transaction, please reach out to your bank to see what reporting options are available.
I hope that helps!
- Jon K
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