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IDK. "Normal" financial institutions like banks have obligation to send the balance to the account of your choosing upon closing the account unless it is frozen
by twawaaay 4y ago
IDK. "Normal" financial institutions like banks have obligation to send the balance to the account of your choosing upon closing the account unless it is frozen. But the money can only be frozen for a specific reason and the bank has no ability to claim those money for themselves.
There is a good chance we will get a resolution because there is a potential class action brewing: https://www.bloomberg.com/news/articles/2022-01-13/paypal-sued-for-freezing-customer-accounts-without-explanation https://www.bloomberg.com/news/articles/2022-01-13/paypal-su...