I think they can, and they will eventually close the account. Happened with me twice and both accounts were blocked even after providing them with full details and data they asked for.
Even in that case, if someone really read all the T&C then there is always on term "they can change/update their policies with or without notification to clients".
So, honestly speaking, we just can be 100% safe with such craps. They always keep there backdoors open for legally stealing money...
And, it's not a guaranteed thing that Financial Ombudsman would be helpful. I have had a terrible experience with a Payment Processor in EU and I contacted FO; and Financial Ombudsman told me after 5 months that they can't help as the Payment Processor can hold money as per their policies.
We...
Hope so.. But I believe it may take months and months before they allow to withdraw funds. They can intentionally delay the withdrawals by sayiing they are bound to legal compliances.
There is a NO direct solution for PAK users to have Paypal accounts. I have a few (actually more than a few friends from PAK) for whom I setup a verified Personal + Business account and it's working for them. If you need I can offer you it for my fees. (Obviously NOT FREE).
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