Withdrawing $$$ out of stealth PP account...how?

[Lost in the Supermarket]

Hi,

Bought the stealth guide and live it, love it.

I now have about 8 ebay accounts and 6 paypal accounts. Everything seems to be going smoothly and progressing at a good pace. I don't want to ruin that.

Here is my situation and I hope someone can help me out here....

I have 4 PP accounts linked to bank accounts. I also have a few PP that are completely stealth with bogus names, addresses etc etc. Those accounts have some money in them and I plan to get a steady flow into those pp accounts. Question is......how do I get money out of the accounts? I don't see setting up a bank account as an option since I can't do it in the stealth names.

I am testing different methods of "stealthing" different. Variations on my own name are working and going the EIN route will be fine too.

I see my options as

1. Buying things. That means trying to get the seller to ship stuff to my real address wich might raise flags.

2. Transferring / Personal payments to one of my pp accounts with a bank linked. I am worried this will get all of my bogus P accounts connected

3. Buying things from myself. Fees plus the same issues from #2.

Any help is appreciated. Like I said, I am good-to-go on EIN and name variation accounts. The completely-bogus name accounts are today's concern.

Thanks!

[JamesNorth101]

Your bank is opened in your real name

PP cannot see the name attached to the bank account (unless under certain circumstances)

Open the bank account in your real name, attach it to PP using the stealth name. Make sure the bank allows mismatching name withdrawals.

As for your plans for withdrawing without attaching a bank account.

1 - You can use a mail box for shipping addresses and then collect the item from the mail box.
2 - Do not transfer funds from one PP to another. It does not work in the long run.
3 - Again does not work in the long run.

[Lost in the Supermarket]

Thanks for the info. Here are the hurdles with your solution

1. I am talking about a long term solution and having a 20-30 mailboxes is not a plan when I only want the money if possible.

2. Banks have to have a name that is close to the deposit (PP) name if not exactly the same. My stealth accounts are nowhere near my real name.

[GreenBean]

Originally Posted by Lost in the Supermarket

2. Banks have to have a name that is close to the deposit (PP) name if not exactly the same. My stealth accounts are nowhere near my real name.

No, not true.

Pick a correct bank from the known banks mentioned on the forum.

Pick a bank that allows mismatched names.

You are in business.

[JamesNorth101]

1. I am talking about a long term solution and having a 20-30 mailboxes is not a plan when I only want the money if possible.

2. Banks have to have a name that is close to the deposit (PP) name if not exactly the same. My stealth accounts are nowhere near my real name.

1 - Mail boxes are fairly cheap and should pay for themselves if the account is making decent profits. Operating a stealth account long term does involve costs.

2 - Banks allow total mismatching name deposits. You will need to check that your bank has no issue with mismatching name deposits by searching on the forum

[MM78]

Originally Posted by Lost in the Supermarket

2. Banks have to have a name that is close to the deposit (PP) name if not exactly the same. My stealth accounts are nowhere near my real name.

I think this is where your mind is stuck, There are banks that do not care whose name is on the deposits from Paypal, example:

Your Real Name
Joe Smo

Your Stealth Name
Robin Hood

As GreenBean and JamesNorth pointed out, You need to find and open accounts with banks that allow for Mismatch name deposits, there are a lot of threads on this alone.

[rsot]

Originally Posted by Lost in the Supermarket

2. Transferring / Personal payments to one of my pp accounts with a bank linked. I am worried this will get all of my bogus P accounts connected

Do NOT do this - linking and limitations can occur. Safest way is to bank account

[Lost in the Supermarket]

Well................

I guess I just had back luck because all 3 of the banks I use require there be at least a fair resemblance between the paypal "to" transfer name and the bank account name.

Going 0/3 made me think all banks were tight on that. I have found at least one through the forum that people see me thin will work. Will give those guys a shot, they are just around the corner.

Thanks again.

[MM78]

How about you tell us what banks u are with? Like I said....if you search the forum, many have listed what banks work. I'll be honest, you dont seem convinced of what we are telling you...if your not then you may not be ready to continue with stealth.

[JamesNorth101]

Originally Posted by Lost in the Supermarket

I guess I just had back luck because all 3 of the banks I use require there be at least a fair resemblance between the paypal "to" transfer name and the bank account name.

Had you checked on the forum before hand to ensure that the banks had no know issues?

Its important to make sure you do the research before starting a stealth account. One small issue can make the entire stealth account useless.

[Dmshark25]

Originally Posted by Lost in the Supermarket

Well................

I guess I just had back luck because all 3 of the banks I use require there be at least a fair resemblance between the paypal "to" transfer name and the bank account name.

Going 0/3 made me think all banks were tight on that. I have found at least one through the forum that people see me thin will work. Will give those guys a shot, they are just around the corner.

Thanks again.

And once you find the correct Banks , it always helps if possible to build a relationship, by going into the bank and talking to a rep or manager about future plans

You don't need to get into any details but saying you are trying out multiple ventures online and will need multiple accounts down the road, or whatever, but talking and showing ur face I find is always a plus if done correctly

[Dmshark25]

Hello JamesNorth101, how have you been, hopefully spending time with another business venture and all is well

Good to see that u did get the well deserved executive status, congrats

[JamesNorth101]

Originally Posted by Dmshark25

Hello JamesNorth101, how have you been, hopefully spending time with another business venture and all is well

Good to see that u did get the well deserved executive status, congrats

I was moving house, so spending a lot of time painting walls and making furniture

Fully up and running now though with just the odd bits to get.

Thanks, still getting used to the red name though

[PESMO]

I Work for a bank and I know for a fact WellsFargo.... Bank of America... SunTrust Bank... Ally bank ...all allow this to happen they don't care they just want your money.

[Klemantina]

Any benefits in ally bank?

[aspkin]

MOST big banks don't care, it's only the smaller virtual banks that have a higher rate of fraud that take things like this seriously.

[Pandoras_box]

Originally Posted by JamesNorth101

1 - Mail boxes are fairly cheap and should pay for themselves if the account is making decent profits. Operating a stealth account long term does involve costs.

2 - Banks allow total mismatching name deposits. You will need to check that your bank has no issue with mismatching name deposits by searching on the forum

Thanks for this valuable info... Have been wondering myself how much mismatch is allowed.
I'm in UK as well, would you kindly recommend (from personal experience) which banks currently works for strong mismatch?

I'm gonna traverse the forum but your recommendation will be taken with confidence.

Cheers.

[JamesNorth101]

HSBC, Smile, Natwest, Halifax, Nationwide and Barclays are good banks to start with.

[Pandoras_box]

Originally Posted by JamesNorth101

HSBC, Smile, Natwest, Halifax, Nationwide and Barclays are good banks to start with.

Thanks a lot, greatly appreciated.

[WeezerDog]

Isnt the problem here that the banks like mine, Bank of America, will accept the deposit however PP will not allow the transfer without verification of SS# and DOB?

[plumsake2]

Paypal doesn't require you to verify a SSN + DOB to transfer funds out. You just need a bank that is fine with those types of deposits (BOA is great as you said), and then make sure to confirm it in Paypal (preferably through the micro deposits since I would be weary of giving Paypal my bank log in info) and then you'd be able to withdraw to it.

[WeezerDog]

OK I guess I will find out in 3 weeks when they remove the 3 week hold.