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How many of you have banks with virtual banks?(Ally,Chime,etc)
 

Need to withdraw my funds out only option is a bank, but I'm kind of nervous about transferring such a large amount to a bank and transferring it to my main bank account.I mean whats the biggest thing that could go wrong here?

Re: How many of you have banks with virtual banks?(Ally,Chime,etc)
 

"Virtual" banks are not ok with mismatched deposits. Seems like 90% of the time users try to use one of them the deposit is bounced back to Paypal. There would be nothing to be nervous about if you used a real bank with retail locations since those kinds of banks have been used on stealth accounts without issues for over a decade.

Re: How many of you have banks with virtual banks?(Ally,Chime,etc)
 

One possible headache -if the bank refuses ,then it goes back to Paypal and it does not always end up back in your account,it is sitting in limbo somewhere,probably a suspense Paypal account.
There are many cases like this,it will be a waste of time to go to that bank and ask,all they will say is that they send it back and then you ask Paypal,it could take sometime to sort it out.

Re: How many of you have banks with virtual banks?(Ally,Chime,etc)
 

why not try a smaller amount and see how it works?
or make multiple transfers