Have your say on government e-petitions

stop PayPal holding money for 180 days

Submitted on Wednesday 16th April 2014

Published on Thursday 17th April 2014

Current status: Closed

Closed: Saturday 17th January 2015

Signatures: 5

Tagged with

British ~ Money ~ UK

Petition Action

stop PayPal holding money for 180 days

Additional Information

It's common practice for PayPal to limit accounts. To shut accounts down and place YOUR money on a 180 day hold. 180 days = SIX MONTHS. If money is held/kept in your bank account for SIX months interest is paid on every penny you hold in that account. PayPal say they do not earn interest on any money placed on a hold for 180 days. Action needs to be taken by the British government to regulate PayPal or ban them from trading in the UK.


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