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Old 02-14-2013
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Default '*' Withdrawing from PP to Bank - ACH Error

Hey guys,

Tried to withdraw money from PP account to bank (different names) a couple days ago.

Received this message today:



An electronic funds transfer from your PayPal account to your bank account was rejected today for this reason:

Invalid Bank Account Information




What could be the reasons?

Is the bank denying it?
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Old 02-14-2013
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What kind of Bank account is it you have used?

Have you already validated the account with PayPal?
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Old 02-14-2013
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@UKDirect

Savings account. Paypal has already been verified long ago. It's however been permanently limited so I'm withdrawing the money out of it.
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Old 02-14-2013
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bank issue, maybe, did it receive money from this attached paypal before or has it never been used?
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Quote:
Originally Posted by Allurre07 View Post
Hey guys,

Tried to withdraw money from PP account to bank (different names) a couple days ago.

Invalid Bank Account Information

What could be the reasons?

Is the bank denying it?

What country's paypal and bank are involved?

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@Oompaloopma - Never made a withdraw with this account before.

@GreenBean - Thailand. Thai Bank - Kasikorn
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Could be a bank issue.

Below is an older thread. But that bank was reported as not accepting mis-match of names. Reports were mixed.
http://www.aspkin.com/forums/all-oth...lth-banks.html

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Old 02-16-2013
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Hi Green Bean & All

I was wondering if we always need to have the Paypal Name and Bank Account Name to tally 100% before we can withdraw funds???

I have read the eBay Stealth and it says some banks do not check at all and its the Routing Code and Bank Account Number that they use. I am based in Singapore and will like to ask if any can answer my Noob question

Thanks.
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You answered your own question.

Now you need to find a bank in Singapore that accepts deposits in different names.
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Old 02-17-2013
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Quote:
Originally Posted by trustywatchguy View Post
Hi Green Bean & All

I was wondering if we always need to have the Paypal Name and Bank Account Name to tally 100% before we can withdraw funds???

I have read the eBay Stealth and it says some banks do not check at all and its the Routing Code and Bank Account Number that they use. I am based in Singapore and will like to ask if any can answer my Noob question

Thanks.
Just make sure the bank will accept deposit in different names.

Most of the name, they will
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Old 02-17-2013
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Quote:
Originally Posted by rsot View Post
Just make sure the bank will accept deposit in different names.

Most of the name, they will
today's typo?

Poor poor hamster.

That wheel turns sooo fast

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