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Old 05-18-2011
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Default Withdrawing Paypal funds to a Bank Account

Hi, Is it safe to withdraw Paypal funds to a bank account if names are different on these accounts? It is the same Chase bank account used for Paypal verification.Previously,I requested a check from Paypal but it was time-consuming. Are there any alternatives to Paypal withdrawal like Xoom until recently? Thank you in advance.
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Old 05-18-2011
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Have you tried to search the forums? There is a box in the corner - this question has been handled in many posts
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Old 05-18-2011
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Have you tried to search the forums? There is a box in the corner - this question has been handled in many posts
I read this often about using the "search feature"... I have done so and often the information is old... and in eb/pp world a lot of things can change in a matter of months. I don't see much harm re-visiting previous issues. I feel if someone is tired of reading same'ol questions then maybe they spend too much time on the board... Honestly just my opinion.
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Old 05-18-2011
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I'm assuming the bank accounts are in your name and the paypal accounts are stealth? If so then yes, your good to transfer the money into the bank accounts. Paypal doesn't see the name on your bank account.
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Old 05-18-2011
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Sorry to sound like an a$$hole but seriously searching "Is it safe to withdraw Paypal funds to a bank account if names are different on these accounts? " even a few of those words does not give old information.

"I feel if someone is tired of reading same'ol questions then maybe they spend too much time on the board..."

I get the hint completely ha but ok what I will do is not comment when something is to be spoonfed - no problem - better to hold my words.
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Thanks for reply.The bank account is the same one that attached to Paypal,just the names are different.Can the bank see the name and refuse transfer? I just read some discussion on UK ebay Paypal forum...Are withdrawls always raise red flags? Regards,M
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Old 05-18-2011
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Don't deposit from the bank straight into the PP account. That's when they will see the name on the bank account. Otherwise, you are fine.
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Old 05-19-2011
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Quote:
Originally Posted by rsot View Post
Sorry to sound like an a$$hole but seriously searching "Is it safe to withdraw Paypal funds to a bank account if names are different on these accounts? " even a few of those words does not give old information.

"I feel if someone is tired of reading same'ol questions then maybe they spend too much time on the board..."

I get the hint completely ha but ok what I will do is not comment when something is to be spoonfed - no problem - better to hold my words.
I'm sorry I was not trying to offend anyone. RSOT I take your advice very seriously and appreciate so much valuable information your provide. I'm just saying that you are more experienced on these boards and things that seem so simple like a search, is quite overwhelming when your finances have just been shattered and you feel lost. I know I did when I first joined. I read for almost a year before jumping in.

So my sincere apologies!
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Old 05-19-2011
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Not a problem NJMax.

I understand your statement about finances being shattered and feeling lost. Your true on that point and I can understand the feeling.

Regardless, too many people come and go and want everything on a plate. The fact that you said that you read for a long time before joining in shows your sense of reason.

You also illustrate a strong point that while easy to be said, reliance on pp for financial stability is VERY dangerous.
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