Problem with Transferwise borderless account - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Account Topics > Bank Accounts

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

Reply
 
Thread Tools
  #1  
Old 01-23-2019
Junior Member
 
Join Date: Dec 2018
Posts: 7
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 1%
Longevity: 5%
iTrader: (0)
Default Problem with Transferwise borderless account

I have a Transferwise borderless account I've been using for more than 8 months now. The US VBA they assigned to me is linked to my PayPal account and I've always withdrawn my funds into it. Recently, I withdrew from PayPal to this VBA and after a few hours I tried to login to my TW account but I was unable to. I tried to reset password but password reset email wasn't coming in either. So I called support and then I was told that my account had been deactivated. He told me to send an email to their appeals department but they've not found time to reply me for over 72hrs. From reviews I've read online, there's little or no chance they'll reactivate an account once they decide to deactivate it and they won't give one the reason for the deactivation. Meanwhile I don't have the time to chase a seemingly lost cause too, so I just want to ask them to return the funds back to PayPal.

However, my concern is that the account name will have "Transferwise" on it when they return the money to PayPal (although the account number will still be the same as PayPal has on file), will PayPal credit my account or not?

I think this was the same situation when Payoneer started rejecting withdrawals to their US VBA. So you can kindly make a comment if you ever experienced that.
Thank you.

PS: I understand PayPal will remove the bank account from my account but I don't have any problem with that.

Last edited by grandkad; 01-23-2019 at 01:08 PM.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 01-23-2019
Junior Member
 
Join Date: Apr 2017
Posts: 111
Thanks: 0
Thanked 16 Times in 13 Posts
Activity: 8%
Longevity: 18%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

I just know Transferwise is not working in UK PAYPAL and DE PAYPAL.
Reply With Quote
  #3  
Old 01-24-2019
Junior Member
 
Join Date: Feb 2016
Posts: 25
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 3%
Longevity: 28%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Same thing happened to me while and ended up deactivating my account and never got a refund.
Reply With Quote
  #4  
Old 01-24-2019
Junior Member
Threadstarter  
 
Join Date: Dec 2018
Posts: 7
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 1%
Longevity: 5%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by hughes View Post
Same thing happened to me while and ended up deactivating my account and never got a refund.
You mean TW didn't refund your money or they actually returned it but PayPal didn't credit your account since the account name had "Transferwise" on it?
Reply With Quote
  #5  
Old 01-24-2019
Junior Member
Threadstarter  
 
Join Date: Dec 2018
Posts: 7
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 1%
Longevity: 5%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by tedsmith1990 View Post
I just know Transferwise is not working in UK PAYPAL and DE PAYPAL.
Both work. I've linked either to a UK and DE PayPal account before and made withdrawals.
Reply With Quote
  #6  
Old 01-24-2019
Junior Member
 
Join Date: Dec 2018
Posts: 25
Thanks: 35
Thanked 1 Time in 1 Post
Activity: 13%
Longevity: 5%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

TW works well if you have Paypal Romania.
Reply With Quote
  #7  
Old 01-24-2019
Junior Member
Threadstarter  
 
Join Date: Dec 2018
Posts: 7
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 1%
Longevity: 5%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by Stef22 View Post
TW works well if you have Paypal Romania.
Sure. Since you can add a US bank account to a Romania PayPal account.

Btw, TW sent an email few mins ago that they had returned the money back to the originating bank account (Paypal's) and that it can take up to 10 days before they process the refund. So I'll keep you guys posted on how things go from here.
Reply With Quote
  #8  
Old 01-24-2019
Junior Member
Threadstarter  
 
Join Date: Dec 2018
Posts: 7
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 1%
Longevity: 5%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Guys, I just saw the refund in my paypal account.
Reply With Quote
The Following User Says Thank You to grandkad For This Useful Post:
colt63 (01-24-2019)
  #9  
Old 01-25-2019
Senior Member
 
Join Date: Oct 2016
Posts: 2,397
Thanks: 757
Thanked 788 Times in 585 Posts
Activity: 82%
Longevity: 22%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

TW has been problematic lately for PP use given other reports I have read.

Seems that PayPal is really clamping down on these vitual "banks" and transfer agent services. I suspect it's not so much PayPal driving it, but new compliance (banking regulation) AML rules by the FED to combat Money Laundering.
Reply With Quote
  #10  
Old 01-25-2019
Subscribed [VIP]
 
Join Date: Dec 2017
Posts: 126
Thanks: 6
Thanked 18 Times in 18 Posts
Activity: 0%
Longevity: 13%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by grandkad View Post
Guys, I just saw the refund in my paypal account.
Was it a mismatch name?
Reply With Quote
  #11  
Old 01-25-2019
Junior Member
Threadstarter  
 
Join Date: Dec 2018
Posts: 7
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 1%
Longevity: 5%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by zatenalinmisbukullanici View Post
Was it a mismatch name?
Not at all. The name matched.
TW have been deactivating accounts for reasons best known to them. I got the full refund back in my PayPal account though.
Reply With Quote
  #12  
Old 01-25-2019
Junior Member
 
Join Date: Feb 2016
Posts: 25
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 3%
Longevity: 28%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by grandkad View Post
You mean TW didn't refund your money or they actually returned it but PayPal didn't credit your account since the account name had "Transferwise" on it?
well in my case the transfer wasn't from paypal withdrawal though.
Reply With Quote
  #13  
Old 01-31-2019
Junior Member
 
Join Date: Jan 2019
Posts: 43
Thanks: 1
Thanked 5 Times in 5 Posts
Activity: 5%
Longevity: 4%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Have succesfully withdrew paypal to DE transferwise account 2months ago, maybe some thing changed now.
Reply With Quote
  #14  
Old 02-06-2019
ddm50's Avatar
Senior Member
 
Join Date: Jul 2018
Posts: 394
Thanks: 0
Thanked 56 Times in 50 Posts
Activity: 0%
Longevity: 8%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Worked for me today, got the money in TW.
Reply With Quote
  #15  
Old 06-16-2019
Mayhard's Avatar
Senior Member
 
Join Date: Jun 2017
Posts: 367
Thanks: 68
Thanked 14 Times in 12 Posts
Activity: 9%
Longevity: 17%
iTrader: (10)
Default Re: Problem with Transferwise borderless account

how are the things with withdrawing money from PP to TW these days?
Reply With Quote
  #16  
Old 07-10-2019
Junior Member
 
Join Date: Feb 2019
Posts: 74
Thanks: 0
Thanked 8 Times in 8 Posts
Activity: 15%
Longevity: 3%
iTrader: (0)
Send a message via ICQ to xsolent
Default Re: Problem with Transferwise borderless account

When TW deactivate your account get them to send the money to another account in your name.
Reply With Quote
  #17  
Old 07-11-2019
Member
 
Join Date: May 2019
Posts: 329
Thanks: 32
Thanked 24 Times in 24 Posts
Activity: 0%
Longevity: 2%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

best vba is monzo in uk to withdraw fund from paypal.
trasferwise is very riski
Reply With Quote
  #18  
Old 07-11-2019
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 57,929
Thanks: 4,602
Thanked 7,058 Times in 6,429 Posts
Activity: 100%
Longevity: 76%
iTrader: (7)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by shelfer.org View Post
best vba is monzo in uk to withdraw fund from paypal.
trasferwise is very riski
You don't withdraw to a vba by the very nature of the term.
Reply With Quote
  #19  
Old 07-11-2019
Member
 
Join Date: May 2019
Posts: 329
Thanks: 32
Thanked 24 Times in 24 Posts
Activity: 0%
Longevity: 2%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

i m using from last 6months monzo bank ,even i had deposit in coinbase and bet365 from monzo bank without any issue
Reply With Quote
  #20  
Old 07-11-2019
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 57,929
Thanks: 4,602
Thanked 7,058 Times in 6,429 Posts
Activity: 100%
Longevity: 76%
iTrader: (7)
Default Re: Problem with Transferwise borderless account

Quote:
Originally Posted by shelfer.org View Post
i m using from last 6months monzo bank ,even i had deposit in coinbase and bet365 from monzo bank without any issue
So it's a real bank account for you - just online - good experience.
Reply With Quote
  #21  
Old 07-11-2019
Junior Member
 
Join Date: Mar 2018
Posts: 34
Thanks: 0
Thanked 4 Times in 3 Posts
Activity: 10%
Longevity: 11%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

They do not like TW anymore..
Reply With Quote
  #22  
Old 07-15-2019
Junior Member
 
Join Date: Mar 2019
Posts: 10
Thanks: 0
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 3%
iTrader: (0)
Default Re: Problem with Transferwise borderless account

Got my TW acc locked as well, worked fine for couple months, the Paypal(UK) is working fine though. TW offers me to refund to the sender(Paypal), not sure if Paypal will link it to my account. Anybody had this experience?
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Limited Account: Problem adding bank account, security check elmatador Paypal Limited 6 06-27-2019 09:14 AM
UK-Linking transferwise borderless account to paypal zatenalinmisbukullanici UK eBay & Paypal 10 02-22-2019 11:02 AM
Transferwise....This is the perfect western union alternative BlackLion Payment Processing 7 02-22-2019 07:00 AM
TransferWise Borderless Account SS1 PayPal Talk 25 08-01-2018 09:41 AM
problem/new user account connects automatically to same wifi of main account inneedofhelp eBay Discussion! 9 12-28-2017 01:12 PM


Aspkin Group

All times are GMT -5. The time now is 03:41 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts