PayPal Holdings, Inc. Money Transfers Complaint

Domestic (US) money transfer Incorrect/missing disclosures or info

PayPal Holdings, Inc. Money transfers department,

Domestic (US) money transfer Incorrect/missing disclosures or info Iowa

Paypal account existing since 1998 and responding since then to my - email ( per the Paypal user-naming requirements ) refuses to set a default settlement account per user account settings. Paypal conceals a policy of defaulting to its own preference of valid settlement instruments. Specifically, Paypal accepted a brokerage account as a settlement instrument, and also accepts settlement through - - ( debit account ), but refuses to allow user preference of - - instead of the brokerage. Since the brokerage has been dormant for over one year, Paypal 's seizure ( or concealment of joint ownership ) of my accounts and destruction of my - - default settings preference has caused over $100.00 damage to my - brokerage and threatens to continue this abuse of my finances. Paypal seized both my entire sales property on Ebay ( listed " as is, '' and " no returns '' ) and also related sales proceeds, which I agreed to pursuant to account termination. Paypal also permitted Ebay to assess me additional costs of the return transaction, without my knowledge and to the injury of my account defaults and my personal finances. Please advise me as to whether I need to terminate my relationship with Paypal, as Paypal has already informed that it " defaults to settlement with more prestigious '' instruments/sources and keeps secret from Paypal applicants ( as in my case ) its discrimination against debit resources.

PayPal Holdings, Inc. customer in Iowa
Feb 10, 2016

* Source: CFPB Complaint Database

PayPal Holdings, Inc. response to complaint:
Closed with explanation

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