Quote:
Originally Posted by stocktrader23
Dude, you have to opt into the Paypal money market. I do not and have never used the thing, they make it perfectly clear that you can lose your damn money and everyone should know this anyhow.
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Every time you hold a non US dollar balance you opt into the Paypal Money Market by default. You also opt in to it when you undertake certain types of transactions with Paypal.
Read the disclosure statements, it's all disclosed. FDIC rules to Pass Through Insurance also apply.