Can paypal take out money when a bank account is closed?
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alright i closed my account and had a negative 43 dollars paypal keeps trying to take money out cauesing me a overdraft so i went and closed it. on the 29th wiht negavtive 43 i got a notice saying paypal transaction return another 34 negative adding to 77 can they still take out money when a account is closed.
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Answer:
legally once an account is closed NO ONE can take money out of the account whether you have money in it or not. you need to have a talk with your bank and pay pal since the account is closed. you need to though as soon as possible put the 77$ into the account to even it out even though you have closed it. just for future reference. it can and will be held against you on your credit score and also in opening up another account at another bank at a future time.
Michael Wolf at Yahoo! Answers Visit the source
Other answers
You DID NOT close your account. You CAN'T close an overdrawn account.
STEVEN F
No, not if you closed the account.
Tina Marie
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