In Reply to: Agree there is no way i would give it to them. First, it is not even legal for them to demand it posted by Elizabeth on July 25, 2012 at 14:26:46:
Elizabeth, I wish you (or someone) would look into this. I would, but I just don't have time right now. PayPal says that they are REQUIRED to do this by a new banking law that went into effect in April. As someone has pointed out here, it is peculiar that they don't say exactly which one. It's also peculiar that there's nothing (that I could find) about this in their own documentation, even though there are lots of complaints on their discussion forums.
So, it's a very unusual thing. I think it's quite possible that PayPal is doing something bad and possibly illegal, and if they are, it's a major story. Even if they aren't, it might still be a major story.
Jim
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Follow Ups
- They say it's required by law - Jim Austin 06:40:49 07/26/12 (1)
- RE: They say it's required by law - abs1 09:09:52 07/26/12 (0)