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Bertha Venation

(21,484 posts)
Fri Jan 8, 2021, 02:26 PM Jan 2021

Can you help with a math (and logic?) problem, please? [View all]

Hi. Thanks for helping. It's all about money. When is it not?

I have two PayPal accounts.

I start with pennies in my bank account. To PayPal acct #1, my nephew sends me a $500 loan. The transfer of the money to my bank account won't go. I want to return it so Nephew can send it to my other PayPal account (acct #2).

In acct #1, I look for a place that says "return," and I can't find one. So I refund it. Because it's a refund, the money goes back to him out of my bank account, not out of PayPal acct #1. Obviously, I didn't realize that this would happen. Now my bank account is -$500.

Nephew re-sends the loan to PayPal acct #2, this time $485 as the transaction costs him $15. I go to PayPal acct #2 to transfer the money to my bank account, and that transfer works.

My bank account is now -$15. It would be $500 if my transfer from acct #1 had worked.

Am I right: do I still have $500 cash in acct #1 that's mine? It sure feels like it; it sure looks like it: the activity page in acct #1 shows that the money is there.

I've traded messages with no less than four people at PayPal, and none of them could help. One did say, "no, there's no money there, because in trans #so-and-so you did transfer funds into your bank account." This is one of the things that makes me doubt that I'm thinking of this correctly.

Help? (I can't brain today. I have the dumb.)

(I have worked on this post for an hour and a half. Don'tcha just love ADD?)

12 replies = new reply since forum marked as read
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Talk to the bank, not to PayPal question everything Jan 2021 #1
I've talked to the bank. Bertha Venation Jan 2021 #4
Not 100% sure of the problem. HUAJIAO Jan 2021 #2
No, but thank you. Bertha Venation Jan 2021 #5
You have $485.00 Boxerfan Jan 2021 #3
Thanks, Boxerfan. Bertha Venation Jan 2021 #7
Yes you should have $500 in account 1 that is yours (or 485 rather) mr_lebowski Jan 2021 #6
The Dude abides. Bertha Venation Jan 2021 #8
No problem ... mr_lebowski Jan 2021 #9
I hadn't thought of that (how to recover the $15) Bertha Venation Jan 2021 #10
Happy to be of service ... mr_lebowski Jan 2021 #11
If PayPal can find a way to lock some money up for months, they will jump on it. . . . nt Bernardo de La Paz Jan 2021 #12
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