21 DAY HOLD FINANCIAL SERVICE OMBUDSMAN WANTS TO HEAR FROM YOU

[hmmar-spier]

Having lodged a complaint against Pay Pal and Ebay in regards to illegally freezing funds and also referring the matter to the privacy commisioner.  The Financial Services Ombudsman also wants to hear about accounts where funds have been placed under the 21 day hold. Their office is anticipating an across board deluge of complaints and they wish to be advised of individual cases as believe this is a breach of law.

[bettyboopsadaisy]

Wow !! This is great news for all those sellers whose rights have been abused !!!

Looks like the proverbial may soon hit the fan !!!

Mustn't get too excited yet, though !!

The wheels probably while grind fairly slowly and there's no guarantee of a decision in the sellers' favour.

[thecatspjs]

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@hmmar-spier wrote:

Having lodged a complaint against Pay Pal and Ebay in regards to illegally freezing funds and also referring the matter to the privacy commisioner.  The Financial Services Ombudsman also wants to hear about accounts where funds have been placed under the 21 day hold. Their office is anticipating an across board deluge of complaints and they wish to be advised of individual cases as believe this is a breach of law.

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100 kudos to you hmmar-spier

[clarry100]

We have already filed a complaint and subsequently had our funds un-frozen.

I guess they will have our account on record and we don't need to contact them again.

[cherry*135]

This thread needs to be kept bumped up to the top, so any sellers coming to this board from now on with this issue can read it and know what they can do about it.

[lyndal1838]

Well I will bump it.

I have not been affected as I am not a seller but I certainly think it is outrageous.

[aps1080]

I'll send info in.


Clarry,
Did they unfreeze your funds once you made a complaint or did paypal unfreeze your funds when you threatened to put in a complain.
Tell us what happened.

[outdoorhunting1]

I wonder what effect this will have on ebay.

[dylan11235813]

buyers will have to confirm delivery before making payment.

[cmcoins2000]

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@lyndal1838 wrote:

Well I will bump it.

I have not been affected as I am not a seller but I certainly think it is outrageous.

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I'm with you Lyndal.

Happy to keep it where it belongs.

Right at the top.

Outrageous - doesn't quite cover it.