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is this a scam or genuine (paypal)

Dear MY NAME

PayPal has made a transfer between the balances in your account for the following reason: Our policy of converting all negative balances to E after 4 days The following transfers were made: Negative balance : -78.41 GBPCovered From : €44.00 EUR (1 Euro = 0.732845 British Pounds) Yours sincerely, PayPal Please do not reply to this email. This mailbox is not monitored and you will not receive a response. For assistance, log in to your PayPal account and click the Help link in the top right corner of any PayPal page. Copyright © 1999-2015 PayPal. All rights reserved

i have no idea what it means and google has made me none the wiser. any help would be greatly appreciated

Obsessed with GAZZA

LOVING Harry Harry HurriKANE COYS

Comments

  • soolin
    soolin Posts: 74,478 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It sounds like when they closed your account you had a negative sterling balance but a small euro balance, so the euro balance has gone towards paying off your negative balance.

    As there is no link and the email correctly asks you to log in yourself to your PayPal account I would suggest it is legit.
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  • Sounds perfectly feasible. Did you log in to check?
  • jobdone1
    jobdone1 Posts: 841 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Send the email to spoof@paypal.com that will soon tell you if its a fake email. Or log into the account DO NOT click on any links go direct to paypal.
  • jobdone1 wrote: »
    Send the email to spoof@paypal.com that will soon tell you if its a fake email. Or log into the account DO NOT click on any links go direct to paypal.

    They tend to say their own emails are spoofs....far far easier to log in and find out what's gone on. If nothing, then ignore the email.
  • soolin wrote: »
    It sounds like when they closed your account you had a negative sterling balance but a small euro balance, so the euro balance has gone towards paying off your negative balance.

    As there is no link and the email correctly asks you to log in yourself to your PayPal account I would suggest it is legit.

    the account is still active as just transferred £20 from bank to paypal

    i have -£58 due to a chargeback case and obv will rectify the amount back to normal via bank

    i did log in but no mention of this at all just as it has been all week the top shows you the - balance although less than it was after transferring some cash

    Obsessed with GAZZA

    LOVING Harry Harry HurriKANE COYS
  • Did you check your other currencies (assuming you have them).

    If you have a negative balance they will take it from any monies coming in and or demand you rectify it.
  • double checked and only deal in GBP

    i understand any money going in comes off the minus balance hence why i transferred what i had in bank today to paypal to try and help

    also so they could see i am trying as quickly as possible to rectify the balance

    Obsessed with GAZZA

    LOVING Harry Harry HurriKANE COYS
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