infestor wrote:paypal is not a bank thus does not obey any banking conventions.
Sure is over here:
"In 2007, PayPal Europe was granted a European Union banking license, and is regulated as a bank by the Commission de Surveillance du Secteur Financier (CSSF)."
Then again, I seriously doubt they do a lot of actual regulation in Luckzembourg.
For what it's worth, I've probably funneled thousands of eurodollars through my PP account and I didn't yet have my account held hostage. Their support is reasonably unjoyful to deal with, though, and yes I know that they like to Do Evil, like any big web company. eBay has some hilarious fees to begin with. PayPal is just an extension of their evilness.