3 ms·

We use PayPal for a few scattered customers who have problems paying with a card and the occasional eBay sale, so I don't pay much attention to it. Whenever I s

We use PayPal for a few scattered customers who have problems paying with a card and the occasional eBay sale, so I don't pay much attention to it. Whenever I see a PayPal horror story, I transfer all funds out of there to my bank. It's not the most effective sweep method, but it works depressingly well. I wonder what PayPal's cash balance would be if it had a reputation as being a safe place to keep a balance?

digler999 10y ago
> but it works depressingly well I dont think it "works" though. paypal can withdraw funds from your linked bank accounts too. I think you would need to create an LLC , open a bank acct under that LLC, then sweep funds out of that LLC account to be "safe".
- damontal 10y ago
  Or just immediately pull your money out of the linked account to an unlinked account.