4 ms·
Not sure about the US but penalty clauses aren't valid in UK law. You can only charge for what you might lose as a result of a breach of contract. I can't imag
by mattbee 4y ago
Not sure about the US but penalty clauses aren't valid in UK law. You can only charge for what you might lose as a result of a breach of contract.
I can't imagine how PayPal would incur $2500 costs as a result of someone buying a traveller's cheque.
- TheLoafOfBread 4y agoThey will just take it from your account and then you can sue.
- mattbee 4y agoI don't doubt it! Maybe I'm just old but it's been 20 years since I last trusted PayPal enough to leave a balance there :)
- ectopod 4y agoSo you give PayPal your bank details to withdraw your balance and they create a direct debit allowing them to plunder your bank account. This is how they operate in the UK anyway. PayPal is best avoided.
- mattbee 4y agoDDs can always be reversed on the account holder's instruction. But yes, they're just the transfer service of last resort for me.
- ectopod 4y agoThat's not true. Just two months ago a friend of mine disputed a DD with her bank and they refused to reverse it because she couldn't prove it was erroneous. I'm nearly sure the DD guarantee used to be stronger, but this part now reads: > If an error is made in the payment of your Direct Debit, by the organisation or your bank or building society, you are entitled to a full and immediate refund of the amount paid from your bank or building society.