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PayPal Talk General issues related to Paypal


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Old 06-15-2013, 02:27 AM
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Default Bank deposit: paypal business account (not individual)

I just registered PayPal "business account" (not the usual Individual regular account).... I noticed the Verify process for paypal business is ONLY "attach bank account" (bank account ONLY not CC # ......) Is this the same for everyone? I would think its one less step to complete to become verified ?

When you deposit from your Paypal business acct (stealth) into your bank account, is it less (or more) likely to be denied by the bank?

The name on the Paypal bus account will be (XYZ Company), then how can the bank know if its stealth or real? In other words its not a stealth name (John Doe) so cant be mismatched name...does this help for stealth purposes to deposit into the bank account?
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Old 06-15-2013, 02:57 AM
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I did use the search on this topic but the threads were not specific to withdrawing funds from PP business account into the individual bank acct. They were more about limitations and restrictions.
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Old 06-16-2013, 02:21 AM
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Never had a problem.
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Old 06-16-2013, 06:48 AM
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Is the address of the paypal business account and the personal bank account the same?
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Old 06-16-2013, 09:03 AM
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You can add the bank account - keep the PP stealth name as long as bank is on the list of banks that accept deposits in different names. You should be fine. This verification step is the same one for all US pp accounts.

Your bank should accept deposit fine. Don't withdraw too much from pp too quickly...that may raise alarms on your pp account
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Old 06-16-2013, 09:19 AM
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Quote:
Originally Posted by hapajenn1 View Post
I did use the search on this topic but the threads were not specific to withdrawing funds from PP business account into the individual bank acct. They were more about limitations and restrictions.
Then we have see differently.

Maybe you are letting the fact it is a business account confuse tactics?
http://www.aspkin.com/forums/lock-bo...-end-list.html

Banks are pretty much still working as outlined in the above thread.
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