On Mon, 2006-10-30 at 21:55 -0500, Aaron wrote:
> Last week, my bank calls to say my account is overdrawn.  Seems that 
> somehow an unauthorized transaction occurred and I am now nearly $2000 
> poorer.  And my bank helped them out by transferring money out of my 
> savings account to cover the 'shortfall' in my checking account.  Of 
> course I dispute the transactions with both with paypal and my bank.
> 
> Thankfully, as of today, the money is back in my PayPal account.  Of 
> course, it still remains to be seen if it withdraws properly, but at 
> least it is back in my available paypal balance.  It looks like I'm only 
> out the $33 overdraft charge and the time and hassle of closing old bank 
> accounts and setting up new ones.  After I get my money back out of 
> paypal, I'm going to hit them up for the overdraft charge and see if 
> they will cover it since it wasn't my fault.
> 
> Moral of the Story - If you use Paypal, set up a dedicated account at a 
> bank you don't normally deal with. 

Wow, that sucks! When it comes to bank accounts I have one rule: nobody
is allowed to withdraw money except the company with my mortgage (which
happens to be another bank).

Deposit access is fine, I don't mind them giving me money. But under NO
circumstance would I ever allow any company withdrawl access to my
account.

In the case of Paypal they have deposit access to one of my accounts,
but the only way I can add money to my paypal account is VISA, which is
the ONLY access I give companies (since disputing a charge is quite easy
with VISA).

TTYL

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