JPMC RE PAYPAL INTL LTD – Everything You Need to Know

If you see JPMC RE PAYPAL INTL in your bank account statement, there is no need to panic. But still, you will need to investigate a little bit. You should recall any recent transactions that you made online. If a scenario comes to mind, it could be the reason why the JPMC RE PAYPAL INTL has just appeared on your bank account statement. Before we discuss any further, make sure to check out other articles on Money Brighter.

jpmc re paypal intl ltd

In the case where you do not remember any transaction made online, then you probably need to call your bank for confirmation. It is unlikely, but there is still a small chance that you might be a victim of a fraud or scam.

Did you know that we have other write-ups on other banks? Make sure to check out our guides on HSBC, Wells Fargo, and Bank of America. You can also check our guide on routing numbers.

What is JPMC RE PAYPAL INTL?

The JPMC RE PAYPAL INTL stands for “JP Morgan Chase regarding PayPal International”. The JP Morgan Chase is an American multinational investment bank that is affiliated with PayPal. They authorized to debit a PayPal account that verified their identity by connecting their bank account.

For PayPal users who have signed up for PayPal services and verified it using a bank account and credit card, this is typical. The JP Morgan Chase is the entity that will do the debiting when you opt to pay a service using direct debit.

Is it safe?

The JPMC RE PAYPAL INTL is basically safe. But it is safe to a point. Like what was mentioned earlier, you must have direct knowledge about a specific transaction that the charge is justified.

It could be subscription, transaction fee, or anything that you authorized to use direct debit as a mode of payment. As long as the situation is still within your knowledge, you should consider your PayPal and bank account safe and uncompromised.

What to do when JPMC RE PAYPAL INTL appears on your bank account statement?

Now, if the charge or debit to your account is not supposed to be or does not have any grounds, then this is the time that you should make a move. The first thing is to call your bank office and ask for the nature of the charge.

If the bank can provide for an acceptable reason or explanation, then your account should be fine. If not, go to the next step which is contacting the PayPal customer service.

In case their response is acceptable and reasonable, then your account is safe. But if it is not, then it’s time to file a dispute.

Reminder

Before contacting the customer service of the bank and PayPal, make absolutely sure that you have not made any online transaction recently. This will lessen the hassle of dealing with the issue rather than going upset for nothing in the end.

Also, you could check your PayPal account transaction history and see if there are some activities made in the past week or month. This is a basic task, so this should be easy to do.

Then there is the part where you authorize a family or relative to use your PayPal account. You might not have made any purchase lately but they might. So talking to them and clarifying the situation would be helpful.

If you think that the charge is not legit and has no grounds, then you should request your bank for a refund. File a report if needed and do it immediately. You can’t just sit around and let them take your money for no reason.

Bottom Line

As you have learned in this article, the JPMC RE PAYPAL INTL is supposedly not a scam. But there are some entities that can replicate the name and pretend that they are charging you legit money. So if you are in doubt, always make sure about the nature of the debit.

Have you encountered the JPMC RE PAYPAL INTL name on your bank account too? What did you do? Did you fix it? Tell us your story in the comment section. We would love to know what you think about your situation. It might be helpful for other people who experienced a similar scenario to yours.

Feel free to leave comments, questions, and suggestions if you think you have some helpful input to share in this community. We will be more than happy to accommodate all your queries as soon as we can.

8 thoughts on “JPMC RE PAYPAL INTL LTD – Everything You Need to Know”

  1. This has happened to us today.

    Our bank CountingUp doesn’t appear to want to listen to us, appears not to believe us, and is being unbelievably unhelpful.

    We used to be cheerleaders of CountingUp… but today’s email trail is frustrating.

    Perhaps choosing a bank based on how fast they’ll get you up and running wasn’t the wisest decision.

    Reply
  2. why am i having money taken out of my bank account every month , i did not know i had to pay for using paypal, please advise

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  3. I can understand a one off payment but this has just shown under my direct debits, does that just mean they used that service for a one off payment or have taking that amount (£100) out monthly? (though i found notes in a notebook that an amount of £30 was also taken out last year which I’d mistaken for a monthly direct debit.

    I had messaged bank to see if they had more info before finding this site but if they just use it for a single payment can I delete it from my DD page cos it confusing if its not been coming out monthly?

    Another account had 2 paypal transactions in DD section too which I’ve cancelled cos I couldn’t remember who they were and it showed no details other than ‘paypal’

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  4. I’ve used Chase in NYC for years. Their support was extremely good, and they actually did a good job handling it.

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  5. This happen to me today. I saw a Paypal transaction of £8.48 which is a direct debit. I enquired to my bank and was informed that it is a transaction done by JPMC re: Paypal Ltd.
    This is very surprising and infuriating that anyone can just get money from your account without your approval. I am very concern that this JPMC will do this to my account every month.

    Reply
  6. I have had money taken out of my bank account since 2008. It says PayPal Intl and a reference ID 5TU22222V5AHC . When I called my Bank they said the number was for JP Morgan Bank in Bournmouth. I don’t know who the people are taking my money. When I tried to cancel the DD my Bank, Lloyds, refused to cancel it. They said to call PayPal. No success with them. I cannot get a human being to speak to me.

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  7. I’ve just had a payment of £61.81 taken from my account under a new Direct Debit that has been set up in the name of “Paypal Payment” and my bank has confirmed it has sent the payment to JP Morgan Chase Bank.

    There is no mention of this payment on my PayPal account, PayPal know nothing of it and I did not receive the usual alert from my bank that a new Direct Debit had been set up.

    How can anyone get around that much security to set up a new Direct Debit??

    Reply
  8. PayPal is fraudulent and without ones knowledge are helping themselves to our money. I found they set up two DD on my bank account today. Thefts and should be reported to the police.

    Reply

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