Originally Posted by makka
I have some money in my PayPal account (£200) that I want to withdraw. But I don't trust that company one bit so I refuse to add my bank details incase the theiving twats try and withdraw money from my account should someone initiate a chargeback.
How do I get my money out of PayPal? The only options its giving me are to register my bank account details and have it deposited there (which I don't want to do as stated above), or send the money to someone else.
So if I send the money to my friends paypal account as a gift or as for payment for something or other, can paypal take it back off them should MY account be issued with a chargeback?
Makka, that is over the top. Just add your bank account then withdraw the money then delete the bank account.
In any case, if you do not verify the bank by telling them the amounts the put into your account, no direct debit is setup and they cannot physically remove money from it. No one can, no company, no person can. Just by giving a sort code and account number out does not mean someone can take money out, they can only put money in.
Plus if you do confirm it thus setting a direct debit up, if they took money out without your consent, you are then proctected by the direct debit guarantee which the banks legally have to put the money back into your account IMMEDIATELY after you tell them that a certain transaction is not authorised.
Direct Debit Guarantee
So just do that, put your account details on, withdraw the funds and if you are worried, delete them. Simple.