Quote:
Originally Posted by Jobu
I recently opened a second account at my bank as a PayPal landing account. This new account is the only one tied to PayPal and I move the money out of it to another account at the same bank (which is an instant transfer).
My question: if PayPal tried to draw out of the empty account, would my bank use my other accounts to cover it like they do when they pull money from your savings account to cover a check larger than their checking balance? In other words, does my PayPal landing account need to be a different account number at my primary bank or an account at a bank where I have no other accounts? (The latter would be annoying bc transfers can take a few days and would make it harder to buy things on bst using my balance.)
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If PayPal can’t draw funds from an account to get your balance back to zero, they just submit your information to a collection agency. That’s why disconnecting your bank account from PayPal in a chargeback won’t work.