The ability of PayPal to be a bank and yet avoid being one legally is interesting.
If you hold somebody else's money you are a bank, whether you call yourself that way or not.
If I am not mistaken a significant percentage of them seem to agree with me and suggest sweeping funds to an actual bank periodically.
I apologize if I somehow offended you, but I stand by my statement.
Sweeping funds would be a nice-to-have - it would have helped, sure, but it's not really a solution.
We even adjusted the accounting software to tread PayPal as if it was a bank ... The amount of accounting time on PayPal went down. Because it's well ... a bank, without the legal obligations :( and that means we are screwed.