Archived posting to the Leica Users Group, 2008/08/22

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Subject: [Leica] No cheques on eBay
From: bussbearm at aei.ca (Robert Beaudoin)
Date: Fri Aug 22 20:21:34 2008

Bonsoir Didier,

  I can only speak so far as Canadian law is concerned, but in my neck of 
the wood there are important differences between chartered banks (or Caisses 
Populaires) and Paypal.  Paypal can pretty well do as they please as they 
are not in any way subjected to government regulations, banks and Caisses 
Populaires are.  Should I be under the scrutiny of the police for, let's 
say, money laundering, my Caisse Populaire has to advise me that the have 
transmitted some infos to the authorities.  Not so with Paypal, even they 
themselves can suddently decide, without giving you any reason whatsoever 
that some of your financial transactions are under investigation for 
suspicion of fraud.  They can then freeze your account for months at their 
leisure and there is very little you can do.  Obviously they will use your 
money any way they please and collect the interest!  You will have to prove 
to them that you have done nothing wrong!  If a bank freezes my account 
however, I do have legal recourse.

  Anyway, sorry for the off topic post. Back to the forum.

  Best,

  Robert (Un chevalier sans blason)