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The funds you deposit with PayPal are held on their balance sheet. They are no longer your property, and in return you receive some rights according to the con
by politician 5y ago
The funds you deposit with PayPal are held on their balance sheet. They are no longer your property, and in return you receive some rights according to the contract you signed at account opening.
If you want to reduce liquidity risk, store your funds in an escrow account. The funds in an escrow account are legally your property, and the custodian is legally required to follow your orders (simplified).