> You have any evidence for that claim or just assuming?
To be completely honest, and while I only have a degree in Finance and don't work in the industry, it would actually be considered irresponsible of a financial services company to NOT put it into at least a Treasury bond of sorts.
In fact, the process should be almost automatic. Otherwise, I'd argue their system , and its management, as grossly mismanaged and arguably violating their fiduciary obligations to shareholders. As to whether the other party should hold claim over any interest, that's something courts would need to decide in the same way the interest from a security deposit account once went to landlords and I think all the courts changed so that it always belongs to the tenant. Bear in mind that the interest in these cases is typically just dollars and it was more a symbolic victory for tenants.
Although, I've been skeptical of Paypal practices ever since my sister asked me how to pay me using her Bitcoin through Paypal only to find out that the Bitcoin bought on Paypal can only be sold to Paypal. That one just rubbed me the wrong way.
You made the claim "its a 0% loan", i'm asking you to prove that. Its not on me to somehow counter prove they aren't as I didn't make the original claim.
Don't be deliberately obtuse. It's clear that PayPal won't pay interest on "frozen" cash unless sued, and it is also evident that any corporate cash is swept into money market funds at >5% interest.
