1st time withdrawing from Paypal UK - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 12-17-2013
Junior Member
 
Join Date: Dec 2013
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 46%
iTrader: (0)
Exclamation 1st time withdrawing from Paypal UK

I recently sold something on eBay and want to withdraw the money. My account is in good standing but I don't want to keep money in something as volatile as Paypal.


I opened a new account with Santander to avoid linking my main account with Paypal. However, I learned after that Paypal can debit my account if they want to steal fees and the banks (especially Santander) are happy to charge users an overdraft fee for it.


Right now I can only think of three ways to get money off Paypal UK:

Link a savings account so money can be entered but not withdrawn

The problem is I need to withdraw money into my main bank after receiving it, and I've heard that withdrawals from some savings accounts can turn them into current accounts, so Paypal can still steal from me. If there was an account type that prevented all withdrawals unless to other accounts in the same bank owned by the same person, or via online transactions only, that would solve my problem.

Add but do not verify a bank account
I've heard from forums dating back to 2009 that not verifying a bank account after money has been put in it for the verification purpose allows you to withdraw money but doesn't allow Paypal to take it back in case it's not your bank account. Is this true? It seems like a loophole too big to go unnoticed, especially after 4 years.

Buy gold or invest in a portfolio
Investing PP funds in order to withdraw them using different means. I haven't given much thought to this. More info from anyone is welcome.

I've read numerous ways that have become unsuccessful over the years or are out of the question for me:

Send to a friend/casino/fence

I'd rather not get anyone else involved/PP bans casino transactions/I don't really trust anyone I don't know with my money

Buy Bitcoins, sell them and withdraw

This seems tedious and the value of Bitcoins changes all the time, not to mention finding someone who'll buy them at the same price

Send to a real/stealth PP account

A real account will be linked to my current account so they'll just raid the bank connected to that/a stealth account would still need a bank account which has all my real details on it

Buy a Visa Debit card/PP Access Card
I can't find a website that lets me buy a vcc online using Paypal in the UK/I've tried and failed to be eligible for a PP access card


Are there any new methods of withdrawing money from Paypal's UK branch in December 2013-2014?


Additionally, can I remove my bank account from Paypal after adding it? Their official website says that in order to delete my primary bank account, I have to select a new primary bank account. Does that mean anything when you have only one account? Do you become unverified again if you have no banks on offer?
Reply With Quote
The complete step-by-step guide to get back to selling today!

Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
PayPal Disputes: How many at one time/per period of time? London1234 UK PayPal Talk 4 12-01-2012 05:36 PM
Paypal help withdrawing susher23 UK PayPal Talk 19 10-13-2012 04:05 PM
Withdrawing From PayPal time MikeStarTX Subscriber Discussions 4 03-10-2011 09:39 PM
What time is Paypal's cutoff time for withdrawing funds? mjstallion PayPal Talk 3 06-19-2008 02:15 PM


Aspkin Group

All times are GMT -5. The time now is 04:05 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts