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-   -   Lloyds for Amazon stealth (https://www.aspkin.com/forums/amazon/95277-lloyds-amazon-stealth.html)

onlinehelpneeded 04-06-2016 06:34 AM

Lloyds for Amazon stealth
 
Hi i know lloyds is poor for paypal but it is also poor for receiving funds for amazon ?

is it possible to add a lloyds account with amazon account name ?

thanks

vetus 04-06-2016 06:35 AM

Re: Lloyds for Amazon stealth
 
Fine for Amazon but I would avoid at all costs for PayPal

onlinehelpneeded 04-06-2016 06:36 AM

Re: Lloyds for Amazon stealth
 
this is what i thought, i use it for paypal when an account is closed just to receive the final funds

So amazon dont mind if name is different to bank name ?

vetus 04-06-2016 06:48 AM

Re: Lloyds for Amazon stealth
 
No their payment system is different so the name mismatch doesn't affect the bank account.

I know Lloyds run on the old banking system where it matches account number and sortcode to the name whereas the new system with other banks mismatch names doesn't matter due to only sortcode / acc number needing to match.

mhhbizz 04-10-2016 12:40 AM

Re: Lloyds for Amazon stealth
 
i have bad exp with lloyds. avoid

alekov 04-15-2016 07:58 AM

Re: Lloyds for Amazon stealth
 
Quote:

Originally Posted by vetus (Post 760665)
No their payment system is different so the name mismatch doesn't affect the bank account.

I know Lloyds run on the old banking system where it matches account number and sortcode to the name whereas the new system with other banks mismatch names doesn't matter due to only sortcode / acc number needing to match.

Wow, really? I always thought the ACH deposits must match the receiver's name or the bank would refuse it. Does that mean that the name on the bank account used to receive funds on Amazon could be different from the name of the Amazon account holder?? If that's the case, that would be amazing!!

GreenBean 04-15-2016 08:21 AM

Re: Lloyds for Amazon stealth
 
alekov,

The replies are based on UK banks, and not US banks.


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