How Long Can PayPal Freeze Your Account?

Can PayPal keep your money forever?

Originally Answered: Can PayPal legally keep your money forever.

Sure.

They do so by having a different definition for “your money” than the one you are using..

Can I have 2 PayPal accounts with the same email?

Can I have multiple PayPal accounts? Yes. … You can add more email addresses, debit or credit cards, and bank accounts to your account, but each account must have its own email address and financial information.

How long can PayPal limit my account?

6 monthsMost of the complaints I’ve come across seem to indicate that Paypal will rarely hold your funds for longer than 6 months, but 6 months can be a long time if you need access to your money. And once they freeze your funds, it doesn’t make sense to continue accepting money through Paypal if you can’t access it.

Why would PayPal suspend my account?

Sometimes the reason that PayPal has suspended an account isn’t exactly clear. … In recent years, PayPal has become better at detecting fraudulent activity. However, they will still suspend an account if it seems “high risk” — usually for having too many refunds or customer disputes.

Can I have 2 PayPal accounts?

The answer is “Yes”. You can have more than one PayPal account if it’ll be one Personal account and one Business account but each account must have a separate email address and financial information. … Business account may be subject to fees which may be different from fees applicable to Personal accounts.

Can I use a fake name on PayPal?

For example, PayPal’s sign-up process can be completed with a fake name. They’ll have no ability to verify your identity unless you want to transfer your money somewhere else. To do that, you’ll have to verify your identity or link your bank account.

Can I delete my PayPal and make a new one?

When you close your account, PayPal cannot reopen it for you. You can, however, open a new account with the same or a similar email account.

How do I unfreeze my account?

The best way to unfreeze your bank account is to erase the judgment against you. This is called “vacating” the judgment. Once the judgment is vacated, your account will be released automatically. A creditor or debt collector has no right to freeze your account without a judgment.

What happens if PayPal freezes your account?

If you account remains frozen, they will either ask you to provide more information, or they will tell you to wait 180 days to get your money back. In either case you can call paypal directly and talk to a customer service rep. … It’s unfortunate but is simply a risk of using Paypal at the current time.

Can you cancel a PayPal payment?

You can cancel a PayPal payment if the receiver of the money has not yet claimed it, and the process of stopping these payments is easy. Many forms of PayPal payments are processed immediately and cannot be cancelled, requiring you to request a refund to recoup your money.

Is PayPal holding funds illegal?

-It is illegal to withhold funds for no reason, under the guise of “protection”. Paypal have obviously skirted the laws and you can see this in multiple threads around the internet if you can google.

How do I put money on hold on PayPal?

If you’re drop shipping your products, be sure to upload the tracking number from the supplier into the PayPal transaction history. By doing this, PayPal will link the tracking number and your payment hold will be released sooner, rather than later.

They said that according to their rules (which can be found in the fine print), they can hold money up to 180 days to make sure that the buyer is not going to come back and ask for a refund.

Can PayPal freeze your bank account?

Can PayPal freeze my bank account? Legally, they can’t. The only thing they can do is freeze/block your PayPal account for suspicious activity.