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different name on transferring money?
 

I've finished the Stealth book , and I have an question.
the book said that i can use a variation of my name to create paypal account.
there would not be a problem , when I transfer money to my bank account.
for example, my real name is michael jordan, but name on my paypal is micheal jordan.

but in my country, I've asked many friends working in different banks, they said it would be a problem.

may anyone tell me how to do?

I can solve all other problems now, but i still don't know how to deal with this problem....how can i have a safe paypal account that can really withdraw money??

thank you very much!

I do don't know how the banking system works in Hong Kong but here in the US with MOST banks you can use a stealth name with the Paypal account and have no issues when the deposit comes through to the bank account in there real name. Best thing to do is set up a account and try the two small deposits they send for verification and see what happens.

I would test it out with a small amount going into your bank account. See what happens from there. USA it doesn't matter here. That is why the book recommends variations.

I am not a bank employee, I do not have intimate knowledge on this, etc etc... but this how I currently think it works.

As long as I have your account number, I can walk into any bank in the world and deposit money into your account. it's that easy. I just do it. I fill out the slip and hand the cashier money.

Same principle. Different application. All paypal uses is the routing/account number to wire you money via an eft. It's the same as a deposit.

If you want to test this in another way, walk into a bank and try to deposit money into an account using only the account number, no ID or name on the account. See what happens.

thank you for all the reply!

I understand the principle of deposit money.

but when I withdraw money from paypal,
i need to fill in MY NAME, BANK NAME, ACC NO., right?
and paypal stated that the name must match the name on my account.

but you mean actually paypal's system only give the acc no. to the bank?

thank you!

Yes - paypal reports name and account number to the bank but MOST banks don't care about the name - just the account number has to be valid.

hello everyone,
I got a method of withdrawing....
i'm trying, will report in few days...

Good stuff - all the best - looking forward to your experience.

there's 3 types of paypal account, right?
like "personal" , "premium" , "business".
did anyone try to upgrade to business account,
and enter your real name in the business (company ) name?
then withdraw from a stealth to your real name bank account