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Bank Accounts General discussions on bank accounts, withdrawing funds, virtual bank accounts (VBAs) and more.

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Old 01-05-2017
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Default Cashing out without a bank?

I need a solid method of cashing out my paypal money (they are of my own not hacked/stolen). I cannot attach a personal bank account due to reasons. What would be the best way to cash out my Paypal money? Is there any online bank type of service that is accepted by Paypal that I can withdraw to?
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Old 01-05-2017
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Default Re: Cashing out without a bank?

Buying items and reselling the items or selling PayPal funds for BitCoin if you can find someone to sell you BitCoin
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Old 01-05-2017
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Default Re: Cashing out without a bank?

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Originally Posted by JamesNorth101 View Post
Buying items and reselling the items or selling PayPal funds for BitCoin if you can find someone to sell you BitCoin
I honestly think I'm quite ****ed right now. I'm kinda worried that too many high volume transactions with the methods you mentioned might get me under paypals microscope.
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Old 01-05-2017
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Default Re: Cashing out without a bank?

They will do yes, which is why using a bank account is the best method by far.

If you want to use other methods there will always be an increased risk.
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Old 01-05-2017
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Default Re: Cashing out without a bank?

Quote:
Originally Posted by JamesNorth101 View Post
They will do yes, which is why using a bank account is the best method by far.

If you want to use other methods there will always be an increased risk.
Does a virtual bank type of service not exist where I can withdraw my money to and send it to a personal bank account?
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Old 01-05-2017
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Default Re: Cashing out without a bank?

Why is it you cannot open your own bank accounts?
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Old 01-05-2017
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Default Re: Cashing out without a bank?

Quote:
Originally Posted by alexie View Post
Does a virtual bank type of service not exist where I can withdraw my money to and send it to a personal bank account?
The virtual bank service is meant to verify pp accounts but can't be used to withdraw to :(
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Old 01-05-2017
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Default Re: Cashing out without a bank?

i juist go ta message saying paypal only allows 1k in withdrawls a month and i have already verified a bank and a debit card on file?
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Old 01-05-2017
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Default Re: Cashing out without a bank?

This thread might give you some insight. Sounds just like OP situation.
http://www.aspkin.com/forums/paypal-...-removing.html
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Old 01-05-2017
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Default Re: Cashing out without a bank?

An easier way to cash out would be to purchase actual money on eb and have it shipped to your residence.
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Old 01-05-2017
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Default Re: Cashing out without a bank?

Quote:
Originally Posted by BlackLion View Post
An easier way to cash out would be to purchase actual money on eb and have it shipped to your residence.
Yup but at a premium of around 18%
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Old 01-05-2017
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Default Re: Cashing out without a bank?

Quote:
Originally Posted by yankee View Post
Yup but at a premium of around 18%

Ouch. That's quite a sting at 18%.
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Old 01-05-2017
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Default Re: Cashing out without a bank?

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Originally Posted by jmag91 View Post
Ouch. That's quite a sting at 18%.
Hard to be much les when you add in the ebay, paypal and shipping fees. at 18% the sellers are not making much %
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Old 01-06-2017
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Quote:
Originally Posted by yankee View Post
Hard to be much les when you add in the ebay, paypal and shipping fees. at 18% the sellers are not making much %
You can purchase cash on eBay?
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Old 01-06-2017
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Default Re: Cashing out without a bank?

WARNING EBAY LINK

http://www.ebay.com/itm/100-DOLLAR-B...YAAOSwMtxXvlTy
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Old 01-06-2017
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Default Re: Cashing out without a bank?

Thx Payelectronica
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Old 01-06-2017
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Quote:
Originally Posted by JamesNorth101 View Post
Stealth addres makes this difficult I'm assuming, no?
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Old 01-06-2017
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Default Re: Cashing out without a bank?

Yes that would be a problem if that is where the item got sent and you didn't have access to the address.
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Old 01-06-2017
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Default Re: Cashing out without a bank?

Quote:
Originally Posted by access0ner View Post
Stealth addres makes this difficult I'm assuming, no?
PO box or UPS store or forwarding address are all no problem....

Last edited by yankee; 01-06-2017 at 09:07 AM.
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