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open bank accounts? Confused!
 

I have a paypal account that i haven't touched in months, but it's never been verified.

I want to go ahead and verify it so i can start selling more because of the $1000 a month ebay limit.

I have no problem with credit cards/debit cards... I can just link a virtual card to the paypal account. I've never really set up a bank account though.

I just use the one that came with my debit card.

The way i get my money off now is once it's in my paypal account... i pay for shipping and send the item and withdraw whats left into my bank/card.

Is there a fast easy way to set up a bank account that comes with a card so i can withdraw my funds when i need? How many can i set up? Which is best? I know this has been asked before. Just really looking for some help.

I think what you need to is opened a new bank account and then attach the bank account to the paypal account, I found in one of the forums that some banks have no problem getting money into you account even if the paypal account is not in your real name. Once paypal send the money to your account your bank will receive it for you as long as the routing mumber and account number is corrrect. These banks are:

Bank of America,
TD Bank,
Chase Bank
Wells Fargo


So if you have a bank account with any of this bank you can use that to withdraw. Also if you have multiple paypal accounts and you want to be able to withdraw from all of them then I think you should use banks like chase bank, I learned you can have multiple checking account all at one time in chase bank.

Also look around the forum for more info.

Sun Trust is a good bank. $100 opening balance. I have 7 now, and have had as many as 12. It's also easy to close accounts you no longer need. You have to go in person, but it only took me 2 minutes to close 3 recently. I have debit cards for each account, and simply transfer my money to my main account online, so I only need to carry one card. It's no sweat.

Wells Fargo is a no go for stealth accounts. They ask alot of information if you ever have to go into a branch for anything. Bank of America and Citi myself and the people I know have had the next to no problems with. US Banks is a 3rd and chase 4th.