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by nuka_coffee 1926 days ago
This is already reality. Paypal shuts down inactive accounts. (And guess what they do with the positive balance.)
1 comments

PayPal isn't a bank. They don't have the same obligations or protection. When a bank closes your account, they mail you a check with the balance, and that balance is insured up to $250,000. I don't know how it works in other countries, but they probably have something like the FDIC.
It's a bank in the EU
Do they have the same reputation in the EU?
well i havent had problems with them even if i held large amounts there, but my business with them was rather straightforward. Their KYC was reasonable
as an European, yes, I've never heard someone get the money back when their account was locked.
Russian banks need to do the same