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Old 02-13-2013
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Default withdrawing money from paypal

OK, so i verified mt saving account with paypal. The two small deposits with through fine. and paypal has taken the the deposits back.

I use a small credit union savings account in my real name.

Do u think it is ok now to withdraw money from pp to this account. Since the verifying process with thru without any hiccups, since the names dont match.

thanks
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Old 02-13-2013
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Start with a low amount to test the waters.

Do a $20-$40 deposit, wait a few days after the deposit is made. If the bank doesn't block the account then you might be ok.
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Old 02-13-2013
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MM78 makes a good point on low-withdrawal.

If the account verified with 2 deposits...you can withdraw without any problems. The amount is up to you to feel comfortable with
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Depends on how much money we are talking about.

And you listed and sold items before you confirmed the bank account?
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Old 02-14-2013
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Quote:
Originally Posted by Sandy D View Post
Depends on how much money we are talking about.

And you listed and sold items before you confirmed the bank account?
Yes, you should have sold multiple items and gotten positive feedback before withdrawing. Especially if this is a stealth account. On my new accounts I usually sell as much as I can and wait two or three months before I make any withdrawals even over a $100. But, for me the hassle of creating new accounts and holding cash in PayPal is better than losing my accounts and having nothing to sell with. I would rather wait it out and be as safe as possible than risk any kind of limitation. Especially when I have to go through the trouble of getting a new bank account, a prepaid card for PayPal. And a phone number. For me it is worth waiting for the money and getting in good standing with eBay/PayPal rather than doing what they consider high risk activity especially on a stealth account even if it isn't what you are doing but their software perceives you as taking the money and running.

Last edited by vogeltron; 02-14-2013 at 05:06 AM.
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