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Old 12-11-2008, 11:23 AM   #1
On Sale
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paypal newb with a question

Ok so i sent a money request, and i got the money into my paypal account. I then sent the money to my bank account, and it says 3 to 5 days. I was wondering, if the person sent the money to my paypal account, and its en route to my bank account is their anyway they can take the money back? Or i can get screwed out of it?

Basically i wanna know if someone send you money on paypal, can they retract the money after its been sent to my bank account? Im wondering because the dude wants me to ship the item now, but i want to wait and see if it clears in my bank account first cause its 350$. Will i be good or should i wait?
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Old 12-11-2008, 11:36 AM   #2
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no, once it is sent it cant be taken back. The only way for him to get it back is to open a dispute, and then Paypall gets involved. But in short, once you accept the money...its yours. Legally.
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Old 12-11-2008, 11:41 AM   #3
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ya it's possible...although it hasn't happened to me personally, I've read that it does in fact happen to people thru paypal if they pay thru credit card and they end up calling their CC company to cancel/contest it. Now that I think about it though, once the money is in my Paypal account, i'll usually just send it out right after, and transfer to my bank account sometime right after... The way you put it though, sounds kinda shady on the other dude's part cuz he wants you to ship now. But if you don't feel comfortable sending it out before it's clear though, just let him know what's up and wait it out. its your judgement call really.
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Old 12-11-2008, 11:48 AM   #4
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Thanks guys, i just wanted to know if there was a way for him to stop payment. Im just going to wait it out. Thanks.
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Old 12-11-2008, 11:49 AM   #5
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http://www.screw-paypal.com/paypal_f...igh_fraud.html

dunno how much credibility this site has, but its worth looking over
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Old 12-11-2008, 04:53 PM   #6
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this is what i do:

after being a paypal user for 60 days you have an option of ordering a debit card from them. whenever someone pays you, the money that goes on your paypal account is also on that paypal debit card. go to the closest wawa (no fee's) and take out that money. after taking it out, you can deposit that cash into your bank account simple as that,
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