When a bank places a hold on a transaction or account for compliance review, the law state that those funds are to be held in an interest-bearing escrow account to be returned to the owner when the hold is lifted.
It’s illegal for PayPal to treat held funds as an overnight loan— that’s a gross misunderstanding of what is going on.
It’s illegal for PayPal to treat held funds as an overnight loan— that’s a gross misunderstanding of what is going on.