Reasoning was a fraudulent charge and they needed time to investigate if there were other fraudulent charges. They wanted to keep our account locked down for that reason only.Btw.. This happened in 2004
We use Paypal since 2005. Sometimes single payments may be frozen for investigation for a short time - happens about 1 in 2000 payments - but never the whole account. So maybe they have changed their policy. However I prefer they withold a supicous payment for two or three weeks to other merchant account providers where you can only withdraw your whole funds with a four to six weeks delay. With Paypal I can withdraw all the money every day and two days later its on my real bank account. There may although be some differences in the policy between Europe and the US, because here in Europe they are registered as a normal bank and subject to European banking regulations.