nerd opened this issue on Nov 15, 2004 ยท 200 posts
randym77 posted Wed, 17 November 2004 at 6:08 AM
Attached Link: http://www.paypalsucks.com/forums/showthread.php?fid=6&tid=1529&old_block=0
*I really don't want Paypal to have access to anything at my bank :)*I don't, either, but PayPal these days won't let you do much unless you attach a bank account to your PayPal account. Which opens up your bank account for abuse. I sweep the money from my PayPal account frequently, so they can't freeze it. But actually, they can take as much money as they want from my bank account, whenever they want. And any bank account info you give them, they keep forever. Even if you later remove the account, it's still in their computer system, where their employees have access to it. (PayPal employees are a big part of the problem. They are not held to the standards that bank employees are, and internal fraud is a big problem.)