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Old 10-27-2009, 04:42 PM  
Barefootsies
Choice is an Illusion
 
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Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
Quote:
Originally Posted by After Shock Media View Post
Whatchu talkin bout footsie?
I logged into one of my BUSINESS PP accounts today to transfer out money and saw this message on the main screen.

Quote:
We have applied a reserve to your account. A certain percentage of each day's transactions or a minimum dollar amount will need to remain in your account. Why?
So I click on the Why?

Quote:
Account reserves

Current reserves on your PayPal account

Rolling reserve: 10% will be held in your account for 60 days.

My reserves balance

Why was a reserve placed on my account?

Sometimes we need to temporarily set aside some money in your account to make sure that you can cover any potential reversals or chargebacks.

What are the different types of reserves?

* Rolling reserve: A certain percentage of the money you receive each day is set aside and then released after a certain number of days.
* Minimum reserve: The minimum that you need to keep in your account at all times. We'll hold a percentage of each day's payments until you reach your minimum reserve.

Will a reserve ever change?

We may adjust your reserve from time to time. You'll always find your reserve listed on your Account Overview. We'll notify you if your reserve changes.

For more information, please visit our Help Center.
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