Go to their site and read their terms.
I think all you need to become verified is to register a bank account.
This is only for security so they know who you really are.
If you don't want them to have your real account info then start a separate bank account.
A lot of banks offer free checking.
Start a small separate account and give that info to PayPal.
That way, if there ever was a breech it wouldn't effect your life savings.
That method is only for the Paranoid.
I've never had a problem with PayPal, and I was a member before eBay bought them out.
But, it never hurts to cover your
bum.
Whatever you can imagine, you can animate. --- Walt Disney
All too easy. --- Darth Vader
Just do it! --- Nike