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-   -   VBA now required on initial registration (https://www.aspkin.com/forums/amazon-x/101741-vba-now-required-initial-registration.html)

elmo 12-09-2016 04:52 PM

VBA now required on initial registration
 
As of a few days ago, a few Amazon accounts started asking for bank information at the charge card page of registration. It will probably be the norm shortly.

Wonder where this is going :typing:

james929 12-09-2016 05:52 PM

Re: VBA now required on initial registration
 
Quote:

Originally Posted by elmo (Post 816973)
As of a few days ago, a few Amazon accounts started asking for bank information at the charge card page of registration. It will probably be the norm shortly.

Wonder where this is going :typing:

interesting - where do you think this is going?

Are the bank info being required to set up an account do you mean or just given the option to do so..?

elmo 12-09-2016 06:22 PM

Re: VBA now required on initial registration
 
Who knows, but it will probably start showing up on all US accounts soon

Its required on selected US accounts on registration

No changes on the UK side

slokor 12-09-2016 06:51 PM

Re: VBA now required on initial registration
 
This banking information - is it verified instantly the same way paypal does it? Never dealt with Amazon so Im curious if the same VBAs that work for paypal will work for this purpose as well.

DuSpast 12-09-2016 07:08 PM

Re: VBA now required on initial registration
 
What does VBA mean?
Because you enter your bank infos at the deposit page.

slokor 12-09-2016 07:14 PM

Re: VBA now required on initial registration
 
VBA = Virtual Bank Account

JamesNorth101 12-09-2016 07:24 PM

Re: VBA now required on initial registration
 
Quote:

Originally Posted by DuSpast (Post 816994)
What does VBA mean?
Because you enter your bank infos at the deposit page.

It is something that can be used as an alternative to burning a real bank accounts

Its a virtual (often single use) bank account

jmag91 12-09-2016 07:50 PM

Re: VBA now required on initial registration
 
Hey guys, got a question.

With a VBA, how do you actually get your funds out?

elmo 12-10-2016 03:47 AM

Re: VBA now required on initial registration
 
Quote:

Originally Posted by jmag91 (Post 817006)
Hey guys, got a question.

With a VBA, how do you actually get your funds out?

VBAs are you used just to verify the account, not to withdraw.

Quote:

Originally Posted by slokor (Post 816992)
This banking information - is it verified instantly the same way paypal does it? Never dealt with Amazon so Im curious if the same VBAs that work for paypal will work for this purpose as well.

So far no verification, just need to input bank details :cheer:

GreenBean 12-10-2016 04:51 AM

Re: VBA now required on initial registration
 
Quote:

Originally Posted by jmag91 (Post 817006)
Hey guys, got a question.

With a VBA, how do you actually get your funds out?

Later, when the account is sound, you add a bank account to cash out funds.

:bird:

JamesNorth101 12-10-2016 02:16 PM

Re: VBA now required on initial registration
 
Quote:

Originally Posted by jmag91 (Post 817006)
Hey guys, got a question.

With a VBA, how do you actually get your funds out?

You would still have to add your real bank account to get funds out. A VBA just lets you make sure that you have created the account correctly without burning a real bank account

booras 12-10-2016 05:17 PM

Re: VBA now required on initial registration
 
Its was asking for VBA on EU before.. i think one and half or 2 years ago..

elmo 12-10-2016 05:41 PM

Re: VBA now required on initial registration
 
Quote:

Originally Posted by booras (Post 817183)
Its was asking for VBA on EU before.. i think one and half or 2 years ago..

Yeah I have seen it come and go too but never seen it on the US accounts.

Could be the next step to verify accounts

JamesNorth101 12-11-2016 05:54 AM

Re: VBA now required on initial registration
 
It is going to make opening Amazon accounts pretty tricky for people who don't want to risk adding their own bank accounts right at the start given how hard it is to get the very few EU/UK VBAs that exist

VCC are pretty hard to find as it is and now this. Its going to be interesting to see what happens long term

Play 12-14-2016 01:48 PM

Re: VBA now required on initial registration
 
Just want to point out, Amazon don't verify bank's the same way PayPal verifies bank accounts, i.e. they don't send you deposits to confirm.

So a VBA would be ideal without worrying about too much, just to get past registration.


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