adding bank to paypal

[andy4ever]

Hi,

When it comes to adding your bank account to paypal. Do you just add the account number and sort code and click link? i just want to add my bank account to transfer the money ONLY.

After that can I transfer all the money to my account or is there a verification process.

UK paypal.

Cheers,
Andy.

[JamesNorth101]

In a nutshell yes that is it.

You will need to also input the verification code sent to you by PayPal

To stop PayPal trying to take money from your account add a VCC and remove the bank account as a approved payment method.

[andy4ever]

Originally Posted by JamesNorth101

In a nutshell yes that is it.

You will need to also input the verification code sent to you by PayPal

To stop PayPal trying to take money from your account add a VCC and remove the bank account as a approved payment method.

Thank you for your help.
I already have a VCC added to the account, so all I do is remove my bank account from my paypal once adding it?

[JamesNorth101]

No, the bank account needs to remain on the PayPal, you need to remove the bank account as a pre-approved sourcing method for things like eBay fees to make sure they do not try to draw on the bank account if your PP funds do not cover the EB fees

[andy4ever]

Originally Posted by JamesNorth101

No, the bank account needs to remain on the PayPal, you need to remove the bank account as a pre-approved sourcing method for things like eBay fees to make sure they do not try to draw on the bank account if your PP funds do not cover the EB fees

Oh I see. My stealth account has a different name to what's on my bank account, won't paypal think this is suspicious?

I really do appreciate your help.

[rsot]

Originally Posted by andy4ever

Oh I see. My stealth account has a different name to what's on my bank account, won't paypal think this is suspicious?

I really do appreciate your help.

You input the bank account as IF it is registered to the stealth name....PP can't see the true name.

[JamesNorth101]

Originally Posted by andy4ever

Oh I see. My stealth account has a different name to what's on my bank account, won't paypal think this is suspicious?

I really do appreciate your help.

PayPal will not know so long as they do not try to draw funds from the bank account

[bluestraps]

Ok so the logical next step is.. Will the bank see your name does not match, How do you find out what banks all ow this

[JamesNorth101]

Yes your bank will see that the name will not match. Most banks do not mind.

Search the forum to see if the bank has any known issues.