Alright, recently made a stealth paypal account. I used a ⊗⊗⊗⊗ name, address all that stuff, but I used my current bank of america account.
I sold a few items and wanted to get them shipped out immidiately, I printed 2 shipping labels through paypals service. I had a 0 balance, since paypal was holding the funds for 21 days.
Anyway, I just got a email from paypal:
Quote:
Dear First Name Last Name,
On May 1, 2009, we attempted to transfer $3.04 USD from your bank account, ending in XXXX. This transfer was returned by your bank on May 5, 2009 for the reason below:
This is an invalid bank account number.
As a result, this bank account has been disabled from your PayPal account. Please contact your bank for more information or add a new bank account. Please do not contact PayPal because this is entirely an issue between the account holder and their bank.
Sincerely,
PayPal
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I thought to myself, maybe I put the wrong bank number in there, -or- they noticed the variations in names and was not going to let it happen. So i tried to re-ad the bank number, double checking and I get this message in paypal:
Quote:
This bank account is disabled for entry into the PayPal website. Please add a different bank account instead.
If you would still like to use this bank account, you may fax us a copy of the bank statement with the two amounts PayPal deposited in your bank account shown and a copy of your driver's license or other photo I.D. You must use this form for your fax cover sheet and send the fax to (402) 537-5780.
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So this is what I am gathering.
Incoming: Paypal --> Bank account (⊗⊗⊗⊗ name paypal + Real Name bank will work.. however there are some isolated incidents i've read where it has not worked)
Outgoing: Bank account --> Paypal (⊗⊗⊗⊗ name paypal + Real Name Bank) won't work. The bank account sees the name on the paypal account and is like no way, incorrect information.
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In conclusion, if you can eliminate all hassle. Just use an Alias (variation of your name mispelled) -OR- NEVER transfer from your bank account to paypal account, even if just printing shipping labels from a zero balance paypal account. You better off funding the account with a VCC.
Now I need to add another BOA account , which means i need to go create one just so i can withdraw my funds.
edit:
The Credit card it transferred from worked just fine, just the bank account didnt work. So if you ever need to fund , make sure you fund from CC or VCC, not the bank account.