Tired of losing bank accounts...

[HurricaneHuntr]

So, would it be smarter to wait to add a bank account? i already added the credit card to the account, i am selling just 1 particular item on this account which is like a less than $20 per payment that i will receive, i listed a dutch auction for 3, and then i'll let it rest for 7 days and then do it over again. The question is, should i wait till i get about $100 non pending in the paypal to add the bank account? would be kinda pointless to have a low volume account get limited and also lose the bank account so early. i don't mind losing the account, once i've made a few deposits at least.

[ILovePaypalNOT]

what kind of bank accounts are you using?

[Morgan]

Yes I would wait. You can spend, transfer or withdraw a one time amount of $500 to $2000, depending on the credit card used to register, without having to link a bank account.

[HurricaneHuntr]

online banker, i can make subaccounts in seconds. i am sure there is a limit. i'm around 5 so far, i just think it's smarter to hold off on adding a bank account. the card "verify's" the account. I am not worried about having cash in there, considering.. non pending cash would seem to indicate to them that it's a withstanding account..rather than 500 inc and then i withdraw while 200 is pending or something like that, i am looking to go slow.. I tried the regular way and it doesn't work with stealth. And from what i seen, if they want the authenticity of items proved, stealth or no stealth the account is SOL

[First Edition]

I don't understand.... why would you "lose" a bank account?

[oompaloompa]

think OP means, lose account, after limited by paypal? ie cant use it again for another pp........

[First Edition]

Most banks will close a bank account with a phone call. In the same call.... they'll open another one too

It's not a big deal. Don't let banking issues prevent you from selling on ebay.

IMO it's better to sell with an account that is first bank verified.

[HurricaneHuntr]

Decided to verify them, i can just see being limited after 1 or 2 sales and losing the money. Even if it does, at least we would get paid eventually.