Paypal bank verify question

[agehacc]

what's the difference between bank verified and non-verified? what's the limitation for the bank non-verified one?
Given that it is a US paypal, and already has vcc verified.

thank you very much for helping me out!

[mycrowman]

Get the Stealth Book.

[vitamingal]

i have 5 different accounts at several banks and i have been shut down on 4 of them. Paypal is going to transfer my funds into my bank account that is under my name of course, but the paypal name is diffrent, will there be any problem gettting my funds into my bank account?

[rsot]

Ha vitamingal you are derailing the thread =) Funny. Have both of you searched the forums? I can name at least 3 threads that have the EXACT same questions and at least 3 people answering.

All the best.

[Imakemoney]

Agreed rsot...look up guys the search functions there.

[agehacc]

Yea i did looked up the forum
i got answer like verification can lift withraw limit
but i cant find the difference between CC verified and bank verified
are they the same? can i just verify CC and not the bank?

in one thread, i have learned that if both CC and Bank are verified, both spending and withdraw limits will be lifted. But which limitation lift was caused by to which means (CC/BANK) was not mentioned

so i m still confused after searching the forum....

[Imakemoney]

No you need to verify with a bank account (such as savings or current - not all savings work) to withdraw your money.

A VCC is generally used to help remove withdrawal limits placed upon accounts.