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PayPal Stealth To Legitimate Account Money Transfer
 

I have been a seller on eBay for almost two years now. As my current business model on eBay with their latest policy has become an endangered specie, I am looking for ways to diversify what I am doing on multiple accounts.

Anyhow, I am about to purchase 'eBay Stealth' guide, but before hand I would like to find out one thing:
My business model requires a steady cashflow in my bank account (as I have a legitimated registred company in my country, and I need cash in my bank account, so I can 'feed' the business). If I make a stealth account for PayPal, how would I be able to make withdrawals (or transfers) to my real bank account? What are the limitations?

Thanks!

Re: PayPal Stealth To Legitimate Account Money Transfer
 

Transferring money from your stealth accounts to your "main" PP account so you can withdraw to one bank account is very dangerous and usually ends with all accounts limited.

Can you open more checking accounts for your business or are you limited to one in your country? I usually just open a new business checking account for my old business for each new account.

Re: PayPal Stealth To Legitimate Account Money Transfer
 

Yes, I figured that straight up transfer would end up poorly as my business transfers tens of thousands each month.
I believe I can make a business account as my current account is considered a private one, but I use it for business purposes.

Re: PayPal Stealth To Legitimate Account Money Transfer
 

If you're able to make new bank accounts, business or otherwise, then you should be set. You would just add bank accounts to your new PP accounts and withdraw. That's the standard stealth account operating procedure.

Re: PayPal Stealth To Legitimate Account Money Transfer
 

What about identity of the account owner and comparison with bank details? Wouldn't that cause problems that I have multiple paypal accounts under one name, but with different bank accounts? I know you are allowed to have up to two - a business one and a private one.

Re: PayPal Stealth To Legitimate Account Money Transfer
 

Search around the forum for other members from your country who are doing stealth and find out which banks they are using. You may even be in a country that allows card withdrawals to a VCC.

I'm in USA so I can't comment on Latvian banks but here 99% of banks don't care if deposits are coming into multiple checking accounts from multiple different Paypal accounts. They don't mind the name mismatch, they just credit the ACH.

Re: PayPal Stealth To Legitimate Account Money Transfer
 

You need to create them under a stealth name= not your real name. Nickname, tweak it, use an other one.

Re: PayPal Stealth To Legitimate Account Money Transfer
 

Use a bank in your country that's unlikely to give you any hassle over mismatched names when you do withdraw.