CALL DIRECTLY ON (+𝟏 321–252–7633 ) AND CLICK HERE FOR SUPPORT AT SITE If a PayPal account remains inactive for an extended period of time, PayPal may classify it as dormant or inactive. However, PayPal doesn’t typically take possession of the funds in inactive accounts outright. Instead, they usually take steps to protect the funds and ensure they’re properly handled.
Here’s what may happen to the funds in an inactive PayPal account:
1. **Notification**: PayPal may attempt to contact the account holder via email or other means to notify them of the account’s inactivity and any actions that may be taken if the account remains inactive.
2. **Dormancy Fee**: Depending on PayPal’s policies and the jurisdiction, there may be a dormancy fee applied to inactive accounts after a certain period of time. This fee is deducted from the account balance and helps cover the cost of maintaining the account.
3. **Escheatment**: In some cases, if the account remains inactive for an extended period and the account holder cannot be contacted, PayPal may be required by law to escheat or transfer the funds to the relevant government authority. This process varies depending on the laws and regulations of the jurisdiction where the account is registered.
4. **Reactivation**: If the account holder becomes aware of the account’s inactivity, they can typically reactivate the account by logging in and confirming their identity. Once reactivated, they should have access to their funds as usual.
To prevent your PayPal account from being classified as inactive, it’s a good idea to log in periodically, even if you’re not actively using the account for transactions. This helps ensure that PayPal doesn’t take any actions regarding the account without your knowledge.
