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PayPal allows itself to pull money out of a bank account associated with the account as required.
by preinheimer 14y ago
PayPal allows itself to pull money out of a bank account associated with the account as required.
- mylittlepony 14y agoI'm not sure I got you. Are you saying Paypal can withdraw money from your bank account?
- ComputerGuru 14y agoYes. The real solution is to have two separate, linked bank accounts, only link one of them to PayPal. Set PayPal to sweep into bank account A daily, and then have your bank set up an automatic sweep from account A to B either daily or as it reaches a threshold. However, even if you don't do this, PayPal transactions are via ACH (actually, this isn't a PayPal-only thing - technically anyone with your ACH account info (the stuff at the bottom of your checks!!) can push/pull money into/from your account, it's the nature of the beast) and that has many failsafes and undos available, though it is a real PITA.