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

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  #1  
Old 06-10-2016
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Default Withdrawal system that work in the uk

Hi I was wondering if anyone could help I'm getting a bit confused on methods for withdrawing from a stealth PayPal uk account. I want to have multiple stealth eBay and PayPal account but a bit confused how I can withdrawal money from them to my debit card.
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Old 06-10-2016
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Default Re: Withdrawal system that work in the uk

You cannot withdraw to a credit card in the UK.

You would need to add a UK bank account to the PayPal to VERIFY the PayPal of which you then withdraw funds to.

There are various other ways to cash out but it can get messy, so a bank account is your first port of call.
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Default Re: Withdrawal system that work in the uk

Can I use a savings account if so how many can I have
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Default Re: Withdrawal system that work in the uk

Yes you can use a savings account, once it's open wait up to 72 hours before adding it to PayPal otherwise it may not add properly.

It's best to keep to about 5 bank accounts + 3-4 savings per bank. Others may disagree but as long as they're run correctly you shouldn't have issues.

I do prefer business accounts for running stealth accounts.
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Default Re: Withdrawal system that work in the uk

Okay I've got it now what happens if one of my ebays gets suspended can I not remove the saving account that is linked with the PayPal that I used for that eBay and replace it with a new one or is that a bit suspicious
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Default Re: Withdrawal system that work in the uk

No - if the eBay gets suspended a new complete package (eBay + PayPal account) would be needed.

Using that PayPal on a new eBay won't last very long.

New bank account for each Paypal account
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Default Re: Withdrawal system that work in the uk

Yeah that what I mean sorry, if one of my packages gets suspended can I not delete the savings account that is linked with that package and get another savings account for my new package when I either make one or buy a new package, in other words can I delete one of the three savings accounts I have on my bank account and then open a new savings account or should I wait a week or two before opening a new savings account
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Old 06-10-2016
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Default Re: Withdrawal system that work in the uk

Quote:
Originally Posted by Jonah View Post
Yeah that what I mean sorry, if one of my packages gets suspended can I not delete the savings account that is linked with that package and get another savings account for my new package when I either make one or buy a new package, in other words can I delete one of the three savings accounts I have on my bank account and then open a new savings account or should I wait a week or two before opening a new savings account
Should wait a week or 2 before opening new account - don't open too many too quickly but you can have multiple accounts open
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Default Re: Withdrawal system that work in the uk

Quote:
Originally Posted by Jonah View Post
Yeah that what I mean sorry, if one of my packages gets suspended can I not delete the savings account that is linked with that package and get another savings account for my new package when I either make one or buy a new package, in other words can I delete one of the three savings accounts I have on my bank account and then open a new savings account or should I wait a week or two before opening a new savings account
Just open another savings account, as and when you need, and dispose the other a week later, rather than doing it the other way around and waiting an extra week.
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Default Re: Withdrawal system that work in the uk

Thanks everyone, I understand it now can you give me some good banks that I can open saving account in please like the best 3 banks or something like that
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Default Re: Withdrawal system that work in the uk

Any high street bank other than Lloyds is fine

Halifax, Natwest and HSBC are ones I use a lot though
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Default Re: Withdrawal system that work in the uk

Sorry to jump on here, so you guys are saying open a bank account in your own name, and then link to the paypal account, which can be in anyone's name? won't paypal notice this? and ask for documents?
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Old 01-20-2017
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Default Re: Withdrawal system that work in the uk

Quote:
Originally Posted by veru View Post
Sorry to jump on here, so you guys are saying open a bank account in your own name, and then link to the paypal account, which can be in anyone's name? won't paypal notice this? and ask for documents?
PayPal doesn't see the name on the bank when you withdraw.

PayPal does see the name when money moves from your bank to PayPal - so try to avoid that ever happening.
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Old 03-14-2017
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Default Re: Withdrawal system that work in the uk

Quote:
Originally Posted by vetus View Post
You cannot withdraw to a credit card in the UK.

You would need to add a UK bank account to the PayPal to VERIFY the PayPal of which you then withdraw funds to.

There are various other ways to cash out but it can get messy, so a bank account is your first port of call.
Hi vetus, what are the other ways to cash out you meant please?!
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Default Re: Withdrawal system that work in the uk

Please someone tell me.
If I add my bank account to my limited UK paypal account and withdraw money. Can I remove that bank account and add it to another limited paypal account ?
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Old 03-16-2017
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Default Re: Withdrawal system that work in the uk

Quote:
Originally Posted by Nods View Post
Please someone tell me.
If I add my bank account to my limited UK paypal account and withdraw money. Can I remove that bank account and add it to another limited paypal account ?
You cannot no
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