Why does Paypal ask for name of bank?

[koalawash]

..it seems like every other site out there can just tell automatically, when you give them a routing number.

[Ballsack]

They're probably looking for ways for you to screw up so they can limit you. lol

[koalawash]

That's what I thought, but I don't know..

[GreenBean]

Is that for a bank account that pp can 'instantly recognize' or where pp are
going to make the deposits?

[koalawash]

For anything.. I don't know what you mean by "instantly recognize", but yeah it's the one they use to put the deposits.

[GreenBean]

If you use an online banking account pp recognizes that and does not then do
deposits.

[koalawash]

They have with me. Although they will still limit me every time I try to use ING lately. But the deposits still go through.

[thelizardking]

They don't accept certain banks like the ones with greendot. I don't know where there is a list but certain banks throw up a flag.

[koalawash]

That's probably it. I think they're starting to blacklist ING as well. But I still don't know why they're too lazy to just check the routing #..

[Ballsack]

Originally Posted by koalawash

They have with me. Although they will still limit me every time I try to use ING lately. But the deposits still go through.

Try spelling it INGBANK. This should bypass their software but it's not guaranteed to work.