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  #1  
Old 02-17-2016
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Default PayPal withdraw issue RBC

Hi guys,

so i have set up a US stealth account and attached RBC bank account its a canadian usd account.

So yesterday i decided to withdraw money to cash it.

After 24h paypal sent me this: Status:
Reversed

The withdrawal to your bank account could not be completed because of a technical problem. The money has been returned to your PayPal account.



and didnt let me withdraw the money.

Any suggestions?
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  #2  
Old 02-17-2016
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Default Re: PayPal withdraw issue RBC

Probably because they don't allow for mismatch name deposits.
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Default Re: PayPal withdraw issue RBC

its in a company name though
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Default Re: PayPal withdraw issue RBC

plus other people who have stealth accounts are able to do it
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Old 02-17-2016
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Default Re: PayPal withdraw issue RBC

Then call your bank and ask.
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Old 02-17-2016
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Default Re: PayPal withdraw issue RBC

I doubt its because of mismatching names. I have several RBC accounts and have been using them years.
Its more likely the method you used to connect the USD denominated bank account - I know there method of doing so which is a bit complex. Might be that that method no longer works.
Why not simply open a bunch of US bank accounts? cross the border and you will find any number of banks that will accommodate you.
If you need more info let me know and ill be more than happy to help.
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Old 02-17-2016
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Default Re: PayPal withdraw issue RBC

@rakesh, did you follow the walkthrough posted on this site (and around the web) correctly?
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Default Re: PayPal withdraw issue RBC

Quote:
Originally Posted by rsot View Post
@rakesh, did you follow the walkthrough posted on this site (and around the web) correctly?

Yes i put the correct routing number and all, infact the small deposits are sent to my account and everything was confirmed.
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Old 02-17-2016
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Default Re: PayPal withdraw issue RBC

Hmm and bank account is still on the pp? I would try another withdrawal - technical problem...you checked that the savings account is still open? No issues with it at the bank?
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Old 02-18-2016
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Default Re: PayPal withdraw issue RBC

they removed the account off the pp
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Old 02-19-2016
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Default Re: PayPal withdraw issue RBC

Any suggestions? thanks for the help
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