Forum

Paypal adding a bank - account holder name verification? Instant verif. vs. deposits
 

I want to add a savings account to a paypal account. Will my name on my savings account be seen by paypal?

I don't think the bank sends back any info to paypal.
It's a one-way information path. Paypal sends deposits into an account number, but does't get back other info except "OK" or NOT OK"

that's why the Nigerial scam works.
because all you need to access a US bank account is the right number, not the right name.

I've done immediate online verification in the past with no issues. The names were different. According to an online statement, the information is not retained nor shared with employees. Although that information could easily be stored somewhere if the impetus was there, they SAY that it's not.

Has anyone tried this with success?
 

When I went to enter my WAMU savings account into Paypal it took me to a page where it game the two options. One was for regular bank verify with the two small deposits then there was another one which said instant verify. Is this instant verify new? To get instantly verified you simply had to enter your WAMU online banking login. Now I don't if that will get you linked or not. Was this instant verify used with success?

I did not use it because I do not know what information they get when you give them your login and password, and well...its just stupid to give those out anyways, I don't care who it is I would not give them out.

Pp doesnt see any of that info, it is the same as login in to wamu from wamu site.

I would not give Paypal the password to your bank acct. for instant verification. They could log in to your bank acct. and see all of your real information, I know it is a hassle to wait the 3-5 days for the two deposits but it is well worth it!

Yeah do it the old fasion with the 2 small depoists paypal can not get any info includeing your account holders name that away