I goobered up - how do I fix this?

episodic

Lifer
Feb 7, 2004
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I paid for an ebay auction with my paypal.

My 'authorized checking account' is very old, and not even active anymore since I moved. I'm usually very careful to pay with a debit card and I don't have a checking account linked that is active.


I accidently forgot to change my payment source. It says it 'went through' and that is was funded from a checking account that no longer exists and that hasn't existed in 5 years.

How do I undo this? What is going to happen?
 

Baked

Lifer
Dec 28, 2004
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You'll get a $20 penalty fee for insufficient fund from paypal, and get to choose a different payment source. AFAIK, once you executed the transaction, you can't stop it.
 

episodic

Lifer
Feb 7, 2004
11,088
2
81
I actually called them, and they reminded me I had a backup funding source (credit card that would pay) if the bank declined. The account is like 5 years old, so it should bounce and go to secondary

 

episodic

Lifer
Feb 7, 2004
11,088
2
81
I know it is awful, but I think I did :p It was 5 years ago. . . I was going to call them on Monday and see what was up. Even if I failed to close it, the fact that I have a back up funding source - hopefully they won't let more debit that the couple of dollars that could potentially still be sitting there (when I left this town, I just kinda left) - I think I closed it - but who knows at this point honestly.
 

episodic

Lifer
Feb 7, 2004
11,088
2
81
Out of curiosity, they would not reuse my old checking account number would they? There isn't a way that someone else opened an account and has that number is there? Or would it be tied to the name, too?
 

episodic

Lifer
Feb 7, 2004
11,088
2
81
fixed

back to the question:

Out of curiosity, they would not reuse my old checking account number would they? There isn't a way that someone else opened an account and has that number is there? Or would it be tied to the name, too?
 

Squisher

Lifer
Aug 17, 2000
21,204
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You sure that backup source is current too? A lot of credit/debit cards expire before 5 years. The account number might be right, but the expiration date might be old.