Question about Paypal?

[Terror]

This has nothing to do with me, but I've always been interested and was hoping someone on KWWH could help me out to answer my question.

Like I said, no I'm not doing this, but I've known people in the past that have.

Anyway my question is:

If I sold an item for $5,000 for example, the user paid for it over Paypal, he got the item and I got the money in my account. If I transferred the money to my bank account, but then he wasn't "satisfied" with the item that he received and he puts a dispute on my account, can Paypal take the money from my bank account?

I've always wanted to know what actually happens.

Terror Reviewed by Terror on 11th Jul 2011. Question about Paypal? This has nothing to do with me, but I've always been interested and was hoping someone on KWWH could help me out to answer my question. Like I said, no I'm not doing this, but I've known people in the past that have. Anyway my question is: If I sold an item for $5,000 for example, the user paid for it over Paypal, he got the item and I got the money in my account. If I transferred the money to my bank account, but then he wasn't "satisfied" with the item that he received and he puts a Rating: 5

[SuicidalMedia]

You'd just get negative balance in your account, and you'd have to fix it by adding money to your PayPal account.

[Terror]

So, if that balance was never fixed up, nothing can actually happen in any other way?

I just find it interesting haha. So they can't withdraw that $5,000 from your bank account to fix the purchase, so if you never paid that balance nothing would ever happen besides it being negative?

[ebizzz]

Like I said, no I'm not doing this, but I've known people in the past that have.

Why don't you ask them ??

That kind of question raise a red flag, why are you so interested in knowing this ??

[SuicidalMedia]

Guy gets the money if he wins the dispute, I have no idea do they directly take the money from your bank account or do they pay and then sue you or whatsoever. But either way, they will win anyway.

[Sp32]

I'm not 100$ sure on this but I think if they want, they can take the money out of your bank account.