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-   PayPal Talk (https://www.aspkin.com/forums/paypal-talk/)
-   -   Whats A Virtual Bank? (https://www.aspkin.com/forums/paypal-talk/62072-whats-virtual-bank.html)

weazie1 07-14-2013 11:35 AM

Whats A Virtual Bank?
 
Well I understand what a VBA but not so much how one should be used?

Can you make withdrawals and deposits the same as you would with a traditional bank...


....or is a vba simply a dull account only created to get verified by paypal?

Thanks for the help

JamesNorth101 07-14-2013 01:00 PM

A VBA is used just to verify a paypal account. You cannot withdraw to it.

weazie1 07-14-2013 03:03 PM

So how does one go about removing the money from paypal when using a vba?

AuctionsDenied 07-14-2013 03:05 PM

Quote:

Originally Posted by weazie1 (Post 467391)
So how does one go about removing the money from paypal when using a vba?

You would have to add your own account to make withdrawals.

MM78 07-14-2013 03:13 PM

You can't withdraw money to a VBA, you need to add a real bank account. A VBA is only meant to be used to ONLY verify the Paypal Account. Please do not try withdraw to a VBA.

JamesNorth101 07-14-2013 03:39 PM

Quote:

Originally Posted by weazie1 (Post 467391)
So how does one go about removing the money from paypal when using a vba?

Need to add a real bank account

jeffweico 07-14-2013 04:11 PM

The advantage of a VBA, for me anyway, is that I don't have to burn a real bank account if the PayPal account gets quickly limited.

Sandy D 07-14-2013 04:29 PM

Quote:

Originally Posted by jeffweico (Post 467401)
The advantage of a VBA, for me anyway, is that I don't have to burn a real bank account if the PayPal account gets quickly limited.

I agree!

Many advantages of using a VBA.

Hercules 07-14-2013 05:32 PM

Wow I must be way off the loop. When the Paypal deposits arrive and depart from this 'vba' isnt that the act of 'Please do not try withdraw to a VBA'?

rsot 07-14-2013 05:43 PM

Quote:

Originally Posted by weazie1 (Post 467351)
Well I understand what a VBA but not so much how one should be used?

Can you make withdrawals and deposits the same as you would with a traditional bank...


....or is a vba simply a dull account only created to get verified by paypal?

Thanks for the help

The later - only for verification :)

GreenBean 07-14-2013 05:49 PM

Quote:

Originally Posted by weazie1 (Post 467391)
So how does one go about removing the money from paypal when using a vba?

You attach a real bank account to withdraw funds

You can also use other cash out methods

Get reading much more of the forum. Time to learn the basics of stealth

:juggle:

glacier922 09-03-2013 02:59 AM

Quote:

Originally Posted by jeffweico (Post 467401)
The advantage of a VBA, for me anyway, is that I don't have to burn a real bank account if the PayPal account gets quickly limited.

But don't you have to add a real account anyways to withdraw the funds? If it gets limited, doesn't that mean you have to burn that account anyways?

rsot 09-03-2013 04:19 AM

Of course - you either need a real account to withdraw or you get the check (if that option exists...havent checked this in a while).

GreenBean 09-03-2013 04:24 AM

Quote:

Originally Posted by glacier922 (Post 482396)
But don't you have to add a real account anyways to withdraw the funds? If it gets limited, doesn't that mean you have to burn that account anyways?

You do need to add a real bank account as one of the different methods to get your funds.

If the account ends up being limited, the bank account is finished for paypal.

Best to try to never allow that to happen then.

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