Re: How to pay ebay fees & do it safely Quote:
Originally Posted by rsot VCC doesnt "Hide" your info from eB - you are still in the system with the PP/eB.
What it allows is that your PP funds are not touched...which is important because if you have any funds that are on holds or on "soft review" (meaning if you try to withdraw, you will be limited) then eB doesnt touch that - I am giving few examples | Thanks rsot... I think I have grasped the concept.
So basically, there is no advantage of this way over the following scenario:
about to reach my PP limit (£1900) - I withdraw all the funds out. PP limited.
Now I hear back that PP have suspended me (or whatever the term is) as my credit checks/driving license failed their checks.
I now close my bank account.
Am I right?
The advantage of your (and hwga's) way of doing things is in the scenario that PP puts a limitation on your account, EB does not look to your PP for these fees nor does it look to PP for these fees. This in turn means you can choose to withdraw all PP funds without paying EB fees (if you want).
This also means that EB cannot take their fees from your bank in the event you dont have the full balance in your PP account and also in the event that they make a 'mistake' and withdraw funds from the wrong place thus shutting EB down?
Is this right? Am I missing anything?
Thanks,
SC99
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