I don't understand VCC's or VBA's

[bravofleet4]

Hi, so I purchased the stealth ebay guide over a month ago. I've read it a few times and I'm still really confused when it comes to the bank stuff.

So let me explain myself.
Had an ebay account in my REAL name which was SUSPENDED. Since then I've created a NEW bank account w/bank of america, used that to create a new paypal account under a ⊗⊗⊗⊗ name, and now i've started selling again with a new ebay account tied to it. so far it's fine...

That's only one ebay account though. I want to have 20 more each with their own paypal account. I assume most ppl on this forum aren't going to multiple banks and opening 5-6 checking/savings accounts to do this. Are they making use of VBA's? I've looked at the example of VBA's in the stealth guide and a lot of them are just regular banks with a virtual presence, so I'm confused how VBA's are different.

So in summary
(1) Do I have to do all this amount of work to open even more accounts?
(2) What are the benefits of opening a VBA versus a real one at my current bank?

[Dmshark25]

A VBA is just something that acts like a bank account and will verify your paypal , and that is the extent of it's function

When you build lots of accounts , say you make a group of 30 accounts the best thing is to verify all your paypal accounts and you don't want to open 30 bank accounts over night so you purchase a VBA and it will verify your paypal accounts, and than little by little over time you can slowly open a real bank account and add it so your able to withdrawal funds

[cwilliams4644]

Thanks for clarifying that

[Twocoolt]

OK, so I have opened real bank account for each of my stealth accounts. Where do you get the VBA that only acts like a bank account until you can open additional real bank accounts? I prefer getting VBA's until I would have enough money to open more bank accounts.

[amir132]

What is the diff. between VBA and VCC?

Do you still need VBA if you already have VCC?

If VBA works like bank account,will you need to provide real name and personal info to open a VBA?
If that's so,would your identity exposed to Paypal / Eb?

Can someone please explain to me?thanks

[MM78]

Originally Posted by amir132

What is the diff. between VBA and VCC?

VCC: Virtual Credit Card, Pretty straight forward....It's a Credit Card that is virtual, there's no physical Card.

VBA: Virtual Bank Account, This Virtual Bank Account is only used to Verify your Paypal Account, It CANNOT be used to withdraw funds to it.

Do you still need VBA if you already have VCC?

Best to have both in place.

If VBA works like bank account,will you need to provide real name and personal info to open a VBA?

If you purchase a VBA from this forum then No personal information is required.

[rsot]

Originally Posted by amir132

If VBA works like bank account,will you need to provide real name and personal info to open a VBA?
If that's so,would your identity exposed to Paypal / Eb?

And to add to MM78's advice, while your identity is not exposed...you can't withdraw money to a VBA.

[GreenBean]

Originally Posted by amir132

If VBA works like bank account,will you need to provide real name and personal info to open a VBA?
If that's so,would your identity exposed to Paypal / Eb?

VBA does not allow withdrawals.

Also in your other thread you said you were listing on ebay Japan.

Bank requirements might differ with this country

[amir132]

@rsot If I exposed my identity and my bank account,and then I get busted.that means if I make other new stealth account,it will be useless?

[GreenBean]

For paypal, you only use the numbers of the bank account never the real name as well.

[amir132]

Do you mean,you do not have to reveal your real name and reveal only the bank acct number?

[MM78]

Originally Posted by amir132

Do you mean,you do not have to reveal your real name and reveal only the bank acct number?

That is correct, you ONLY give Paypal your bank account number (just the numbers). You DO NOT have to give your Name, etc.

[amir132]

Thanks my friend.Now I understand.

[amir132]

actually paypal wants the name on my bank account,what should I do? Anyone can help me?

[MM78]

Just put the stealth name.....Paypal can't see the name that's on the bank account.

[GreenBean]

Originally Posted by amir132

actually paypal wants the name on my bank account,what should I do? Anyone can help me?

When you sign into the stealth paypal, the message says the name must match.

But you do not need to worry. Just add the account numbers .It will be OK.

[rsot]

Originally Posted by amir132

actually paypal wants the name on my bank account,what should I do? Anyone can help me?

Let's say your real name is A B.

Your paypal account name is C D.

Your bank account is put into the paypal account under the name of...C D

[amir132]

Do you mean using the stealth name for withdrawal or pp auth.?

[nowky]

So when I have verified PP account by VCC. How can I withdraw money? o,O