entropay,bank account & correct way to make stealth accounts

[JamesNorth101]

The only way in the UK to withdraw from PP as far as I am aware is to withdraw to a bank account. You just have to have a lot of them. I use instant savings accounts, open a couple a month, close old ones I no longer use and take note to reopen with that bank again further down the line. We have a fair number of banks in the UK, just 3 or 4 accounts with each bank and you will have close to 200 accounts, so opening new accounts isnt really a problem, just have to be careful about how you do it and be well organised. I personally only ever have 20 bank accounts open at a time, but no doubt other people on here will have much more than that.

Withdrawing also is not the only way to get money out of PP. You could for example buy a prepaid card with funds from PP, you could buy gold and sell it (if you buy well you can actually come out with more money that way sometimes), you can use all the money in a PP to buy say a laptop, and then sell that as cash on collection only. Be creative, all sorts of way to get money out of PP

[AKasper]

Thanks for the info! Much appreciated... When you say 'instant savings accounts', how do you open them? by going in the actual bank or can you do it online? Someone on here said you can do it with natwest (opening a new account) online but it won't let me with my account. I honestly don't see how you can have 200 accounts from 3-4 banks? That just seems ridiculous.

I'm pretty sure if you sell on ebay you need to attach your bank to be able to sell. I don't think a VCC alone allows you to sell on ebay. Therefore, if you sell on ebay, like me, then a bank account would already need to be attached to the PP account...

[JamesNorth101]

Originally Posted by AKasper

Thanks for the info! Much appreciated... When you say 'instant savings accounts', how do you open them? by going in the actual bank or can you do it online? Someone on here said you can do it with natwest (opening a new account) online but it won't let me with my account. I honestly don't see how you can have 200 accounts from 3-4 banks? That just seems ridiculous.

I'm pretty sure if you sell on ebay you need to attach your bank to be able to sell. I don't think a VCC alone allows you to sell on ebay. Therefore, if you sell on ebay, like me, then a bank account would already need to be attached to the PP account...

I think you may have misread the bit about banks, 3 or 4 accounts with each bank in the UK would lead to a possible few hundred, but your very very unlikely to ever need that many. Not a few hundreded with a couple of banks, the accounts would all get shut down if you did that.

I use smile.co.uk for some accounts. You can open that on-line, have yet to attached a smile account to a PP though, but I don't envisage any problems.

If you have an account with Natwest they also allow you to create an instant savings account when you are logged into your own account.

[AKasper]

No, I understood the 3-4 accounts with each bank part. Just don't see how you get a few hundred out of it. I've looked into smile, they required all sorts of documents though when I tried to sign up. I'll look into opening another with Natwest if i can...thanks!

[JamesNorth101]

Originally Posted by AKasper

No, I understood the 3-4 accounts with each bank part. Just don't see how you get a few hundred out of it. I've looked into smile, they required all sorts of documents though when I tried to sign up. I'll look into opening another with Natwest if i can...thanks!

There are around 80 companies in the UK that you can open an account with, most of them allow up to 5 accounts (a current account, a basic account, a couple of savings accounts). Leads to a fair number in the end.

When I have opened no-notice savings with smiles I have not needed any paperwork, may just be a one off though. There are also companies like One Card Banking that you can open in about 5 minutes. They charge £14 a month or so for the account, but if you look around you can find 6 months free offers. In total I have seen approx 20 accounts that can just be opened instantly. Search for online basic account and MSE will list a number

[fuggles]

Originally Posted by JamesNorth101

An entropay is a minimum load of £10, and charges 4.95% on that. So loading a card with £10 will cost you £10.45. You can then trasnfer this £10 onto other VVC. I loaded my entropay VVC with £10 and used it to get 40 PP accounts, so really it costs very little.

To withdraw money from PP you need a bank account, at least that is the most common easiest method. It is also the only way in the UK (that I know of) to get your PP fully verified, and thus less likely to be taken down.

Okay, how would I make multiple entropay VCC with just one payment ?

You said you got 40 paypal accounts ?

Also, when signing up to paypal, it asks for a bank account address. What do I put ?

[JamesNorth101]

Signed up to Ento, load money, and it will be self explanatory.

[fuggles]

What is the minimum needed on each VCC ?

So how far would 10 pounds get you ?

[JamesNorth101]

As said earlier, if your creative about it £10 can make infinite accounts. Usually creating a new VVC costs £0.10 though

[GreenBean]

Originally Posted by JamesNorth101

As said earlier, if your creative about it £10 can make infinite accounts. Usually creating a new VVC costs £0.10 though

on entropay? Costs .10p? Since when did this start?

[JamesNorth101]

For the last few months when ever I have created a new virtual card my account has had 10p deducted. Easy enough to work around though.

[GreenBean]

My entropay differs. Costs a but more to make a vcc

How dare they.

[GTB]

Hmmm, i will have to check to see if this happens to me

i know when i load a new vcc there is a 10p charge/loading fee

not noticed a 10p charge when creating the vcc though

[JamesNorth101]

Originally Posted by GTB

Hmmm, i will have to check to see if this happens to me

i know when i load a new vcc there is a 10p charge/loading fee

not noticed a 10p charge when creating the vcc though

Sorry your entirely right, I meant when the card is created and then loaded.

[Ebayorbust]

When there's a 10p transfer fee, how could you make infinite cards with £10.00?

The current fees are not an issue for me but I just wondered how you are able to transfer money between cards without it costing anything at all???

Was "infinite" just a turn of phrase?

[JamesNorth101]

Originally Posted by Ebayorbust

When there's a 10p transfer fee, how could you make infinite cards with £10.00?

The current fees are not an issue for me but I just wondered how you are able to transfer money between cards without it costing anything at all???

Was "infinite" just a turn of phrase?

No, literally infinite., Tbh though it only saves a few £ at most each month.

[Ebayorbust]

I think I'll play by the rules and give entropay their 10p per transfer.

[fuggles]

are virtual bank accounts from smile.co.uk free ?

and can they be connected to a paypal account ?

[Hawwy]

So basically if you have an ebay and paypal you use bank account and verify the code they give you when the credit 1p into bank account.

For add a card on PP, you add a vcc from entropay, and you set it up so that ebay fees come out of paypal account from the vcc, and if you have balance in paypal just pay the fees with that balance?

I dont understand why people sell vcc if you can get them yourself from entropay?

[JamesNorth101]

Originally Posted by fuggles

are virtual bank accounts from smile.co.uk free ?

and can they be connected to a paypal account ?

Its not a virtual account, we cannot get virtual accounts in the UK. It is an instant savings account. Takes a few days to open, and works perfectly fine.

When you have the bank account you want to use, you just add it to PP like you would any normal bank account, wait a few days to confirm the deposits and use along side your EB stealth.

You have to ensure that PP never need to use the DD to withdraw money from the bank account because that gives the game away.

[desikanjar]

people sell vcc on here because there is a demand for them.
although you can get your own,some people prefer to buy off a more experienced person who knows a lot more about the system.
similarly you can set up your own account but if you buy it from a pro its more likely to survive.

[fuggles]

Okay.


I just realised on Entropay I cannot make 2 cards with the same name ?

So each card will have a different name.

Will this be a problem ?