PCF Classifieds - PAYPAL AND PCF - PLEASE READ

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Tommy

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Avoid putting PCF in the notes for any type of Paypal payment.

Multiple members have experienced delays in receiving PayPal payments when 'PCF' is put in the notes section. It seems that the acronym 'PCF' is also used by some foreign groups. This causes PayPal to flag the payment for review and you may get an email like this:

Dear [name removed],

As part of our security measures, we regularly screen activity in the
PayPal system. During a recent screening, we noticed an issue regarding
your account.


PayPal's Compliance Department has reviewed your account and identified
activity that may be in violation of United States regulations administered
by the Department of the Treasury's Office of Foreign Assets Control
(OFAC).


PayPal is committed to complying with and meeting its regulatory
obligations. One obligation is to ensure that our customers, merchants, and
partners are also in compliance with applicable laws and regulations,
including those set forth by OFAC, in their use of PayPal.


To ensure that activity and transactions comply with current regulations,
PayPal is requesting that you provide the following information via email
to [email removed].


1. Please explain the mention of "PCF" as listed in the transaction
message "Send to: [name removed] C/O PCF [address removed]" of transaction ID
[removed] attempted January 6, 2015 in the amount of [removed].


Please log in to your account and go to the Resolution Center to find out
what you need to do. If we don't hear from you by January 22, 2015, we will
limit what you can do with your account until the issue is resolved.


We thank you for your prompt attention to this matter. We apologize for any
inconvenience.


Sincerely,
[removed]
PayPal Compliance Department
In the end, the payments do eventually go through after Paypal reviews it.

Thanks
 
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