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Why Does Paypal Clear Balance After 180days. - Business - Nairaland

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Why Paypal Even After 180days Of Limitation. / Does Paypal Still Work In Nigeria? / WITHDRAW FUNDS From PAYPAL PERMANENTLY LIMITED Account of 180DAYS (2) (3) (4)

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Why Does Paypal Clear Balance After 180days. by Stellarichardso: 10:21am On Sep 07
PayPal typically clears or transfers balances from accounts that have been inactive for 180 days to comply with financial regulations and prevent fraud. The key reasons include:

Regulatory Requirements: Financial regulations in various jurisdictions often mandate that unclaimed funds or dormant accounts be handled or reported in a specific way after a certain period of inactivity.

Preventing Fraud: Clearing or closing inactive accounts helps reduce the risk of fraud or unauthorized access to old, unused accounts.

To avoid this, it’s important to log in to your PayPal account regularly and keep your information updated. If you're concerned about your account or balance, contacting PayPal's customer support can provide specific guidance and help.

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