Quote:
Originally Posted by Supz
As long as you are not doing anything shady with PayPal I would assume you shouldn't get your account frozen. I would not trust getting huge sums of money in there if I lived overseas and just wanted to use there card. I live in the US and can transfer money out of there pretty easily in a few days. So I wouldn't mind using it to get some payments. It is easier then waiting for checks and going to put them in the banks.
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Wrong!!
I had a paypal account that was 100% squeaky clean. A sponsor I was working with, who used paypal a great deal sent me a couple thousand dollars to pay small expenses in his absence (ordering banners, buying domains etc.) Within 20 minutes of the payment being deposited they froze my account. The person that sent the money did not get their account frozen.
I called, emailed and did everything I could to find out what the problem was and was basically told that their TOS allowed them to freeze any account for any reason for investigation. They do not have to tell you what they are investigating and they can freeze your funds for 180 days (6 months). From everything I found on the net at the time, no one EVER got their money back before the 180 days was up. Strangely enough, 99% did get all of their money back and 100% were never told why their account was frozen.
In my case after 180 days my account was no longer locked but my funds were still frozen. I contacted them and they said that all I had to do was request the funds. I did, they released them within a day. I removed the money and haven't used the account since. It is almost as if they make you request the money hoping you will have just forgotten about it. I would never use them to accept payments.