6_grandkids
Tucson,#2Author of original report
Mon, September 13, 2010
I am not asking them to change their hold policy. I am saying if they HOLD funds, they should pay interest on the money they are holding. They are earning interest on MY EARNED money. EX: When I paid a $100 deposit to my electric company, at the end of one year the electric co. refunded the deposit plus interest. THAT is the law.
I opened the second account because it is my legal right to own more than one store.
Ex: Donald Trump owns several properties
Ronny g
North hollywood,#3Consumer Comment
Mon, September 13, 2010
Understand, the policies PayPal uses are to protect THEM, and BUYERS from fraud and scam. So when an account is new, you have to earn trust, until then they hold the funds. I mean what is to stop anyone from opening a new account..and receiving payment and then never send anything?
Unless you can suggest a better, safer way to conduct online transactions...just make sure you can afford to wait for your funds until you establish a history with the new account..or better yet..just use your old account which I would assume is well established and you have instant access to funds?
EVERY SINGLE new account has to live with the same policies..they made no exceptions in your case.