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Originally Posted by hydro
An obvious scam. Never fall for anything a bank sends you through email without your name in it. Most banks and financial services like paypal will call you over the phone if there is a problem.
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Although it's an obvious scam and it amazes me people have to ask about it these days you are so very, very wrong. Paypal won't call you and WILL e-mail. However, they won't send you off to any URL to enter details. It'll usually be handled simply by logging in normally to your account or by you contacting them in return.