Quote:
Originally Posted by T206DK
Imagine waking up on a monday checking your bank account out and seeing that Ebay/PAYPAL has withdrawn money from which then caused overdraws to occur and bank penalties as well. a minor transaction on Ebay ended up costing my brother around $80-$100 in penaltiesand fees.
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Dave, in no way do I want to defend eBay, but they cannot go into your bank account without authorization. So I am confused with what happened to your brother??? Here is the eBay "User Agreement" link....
http://pages.ebay.com/help/policies/user-agreement.html
Lovely Day...
"Sellers must have a reimbursement method on file with eBay.
For transactions paid with PayPal, sellers agree to allow us to remove funds from their PayPal accounts to reimburse buyers. Sellers may change this reimbursement method by contacting eBay.
When there are insufficient funds in PayPal accounts, transactions are not paid with PayPal, or when PayPal is not the reimbursement method of a seller, we will require another reimbursement method.
For future claims where the seller is found at fault, we will notify the seller and continue to charge the sellers preferred method for any reimbursements made under the eBay Buyer Protection Policy. Changing a reimbursement method will not affect eBay's use of a payment method on file for other purposes (such as payment of your eBay fees). If sellers do not provide eBay with a valid reimbursement method, we may collect amounts owed using other collection mechanisms, including retaining collection agencies. We may also suspend or restrict sellers from trading on our sites until payment is made."
-OR THIS-
10.2 Reimbursement for Your Liability. In the event that you are liable for any amounts owed to PayPal, PayPal may immediately remove such amounts from your Balance. If you do not have a Balance that is sufficient to cover your liability, your Account will have a negative Balance and you will be required to immediately add funds to your Balance to eliminate the negative Balance. If you do not do so, PayPal may engage in collection efforts to recover such amounts from you.”