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  #1  
Old 04-06-2016
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Default 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
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Old 04-06-2016
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Default Re: Lloyds for Amazon stealth

Fine for Amazon but I would avoid at all costs for PayPal
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Old 04-06-2016
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Default 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 ?
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Old 04-06-2016
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Default 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.
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Default Re: Lloyds for Amazon stealth

i have bad exp with lloyds. avoid
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Old 04-15-2016
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Default Re: Lloyds for Amazon stealth

Quote:
Originally Posted by vetus View Post
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!!
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Old 04-15-2016
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Default Re: Lloyds for Amazon stealth

alekov,

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