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Bank Wants to know Why Different Names are Depositing
 

I know Ally is not a preferred bank anymore but I have been using them for 4 years now. This weekend they blocked my account and had me speak with the fraud department.

They were confused as to why I had so many bank accounts (I have 5 open but only 3 get ebay deposits to it).

I told them I sell on ebay and that each withdrawing Paypal cannot have more than one bank linked to it. That seemed like a good enough answer to them and they opened my account back up.

I felt like I dodged a bullet as they didnt ask me WHY different names were depositing the money. Well they just called me back and I have a feeling they are going to ask about the different names.

Anyone been in this situation or have a good excuse as to why I would have different names depositing?

Thanks!

Re: Bank Wants to know Why Different Names are Depositing
 

I have not, but I think the partial truth is fine.

Re: Bank Wants to know Why Different Names are Depositing
 

I have used the Following:
"My Boss pays me for Freelance Work through Paypal because it's easier and faster"

Re: Bank Wants to know Why Different Names are Depositing
 

MM is the master of banks.

Still waiting on my 'payment' 'boss' :rolleyes: :pound:

Re: Bank Wants to know Why Different Names are Depositing
 

use same name or name variation stealths in the future to avoid this

Re: Bank Wants to know Why Different Names are Depositing
 

Ally bank does not like mismatch names.. it has been reported a lot already. As prowakeskater has suggested, if you want to use Ally bank, use same name or a variation of your name otherwise you risk calls like this.

Re: Bank Wants to know Why Different Names are Depositing
 

I would highly suggest changing banks as the prefferred banks will not question you about this. I use Wells Fargo and have been doing deposits with different names for years. Last one being 2 days ago.