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Paypal uses credit bureau to check for IBAN/name match
 

When adding a bank account to a German Paypal account, they ask for permission to share your data with Schufa, the most common credit bureau. I would suspect they use a service called "Schufa Kontonummerncheck Plus Iban" meant for fraud prevention. Therein, the database is searched for a matching combination of IBAN and name.

Now I would not want to risk adding a mismatched bank account if the check could uncover that there is a match for the IBAN in combination with a different name than the owner of the Paypal account. Better let sleeping dogs lie.

Anybody have more insight or experience on this topic?

Re: Paypal uses credit bureau to check for IBAN/name match
 

Does anyone know anything about this?

Also, what about other EU Paypal accounts (Italy, Austria etc.) - are they OK to add IBAN with mismatching names?

Re: Paypal uses credit bureau to check for IBAN/name match
 

Thread moved to proper forum section.

Re: Paypal uses credit bureau to check for IBAN/name match
 

Hi
Thats a very interesting question.
SCHUFA will not verify your Bank details, but will confirm your identity to PAYPAL (using your name + DOB).
SCHUFA does not have your bank account and only bank or financial office can confirm that the name is matching with the IBAN....
You can send a payment to any IBAN with other names, mostly banks will accept the payment, few ones will reject it.
I hope this answer could help you a little bit?

Re: Paypal uses credit bureau to check for IBAN/name match
 

i don't think they can do anything , i've linked my kreissparkasse bank account to my paypal more than a year ago for withdrawal , and my name and address on paypal mismatch with the real ones , i've verified it , withdrawed later about 200€ to my sparkasse bank , and it still works till the moment .

not to mention that my schufa got f**ked by advanzia bank 2 years ago .