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-   -   Should or should not use VBA for Paypal? (https://www.aspkin.com/forums/paypal-talk/83587-should-should-not-use-vba-paypal.html)

rainmaker 03-05-2015 06:30 PM

Should or should not use VBA for Paypal?
 
Does it work or not? I have my doubts... Can someone with experience share their their experience. Should I consider using them or should I just open bank accounts the old fashion way...

JamesNorth101 03-05-2015 06:32 PM

Re: Should or should not use VBA for Paypal?
 
VBA work well and serve their purpose well (mainly to avoid wasting bank accounts on 0/0 eBay accounts)

You need to make sure you use the correct one in the correct manner.

MM78 03-05-2015 06:35 PM

Re: Should or should not use VBA for Paypal?
 
Well think about it this way, IF you add a Real Bank Account to your new Stealth....and that Account goes belly up really quick....you will have wasted a perfectly good bank account. At least with a VBA you have It verifies your Paypal.

rsot 03-05-2015 08:26 PM

Re: Should or should not use VBA for Paypal?
 
Remember that you must NOT withdraw to a VBA

Productions 03-07-2015 03:33 AM

Re: Should or should not use VBA for Paypal?
 
What happens when you withdraw to a VBA? Will paypal stop the transfer, ban the account, and take the money?

So what is the purpose of the VBA? Is it just to be verified? And then when you have money do we delete the VBA account from paypal and add a bank account (that was open in person / not vba)? And then it would be safe to put the money in from paypal?

miketyson 03-07-2015 09:06 AM

Re: Should or should not use VBA for Paypal?
 
Do not withdraw to vba you may never see that money again. Yes that's the purpose. To be verified. No you add your bank and leave vba on there just pay attention when you withdraw so you withdraw to your bank and not vba. Good idea to always leave vba on there lets say your bank account got closed you can add a new one and already verified.

slokor 03-07-2015 11:38 PM

Re: Should or should not use VBA for Paypal?
 
If you withdraw to a VBA the withdrawal will be rejected since the VBA will be closed almost immediately after its used.
Since the bank account is closed the funds will be returned to your paypal account and youll get a message from paypal telling you the bank account has rejected the withdrawal and as a result the bank account has been removed from your account - leaving your account in unverified state.
In addition itll be a major red flag against your account. A bad situation all around and not worth the trouble.

bjammin 03-08-2015 12:34 AM

Re: Should or should not use VBA for Paypal?
 
I have mixed feelings about VBAs. I think a lot of ppl use them so they can just swap funds between PayPals. Regardless of if you send it as a gift or payment for a service, if you do it repeatedly from multiple PP accounts then it doesn't seem legit (in my mind anyhow). I always add a real bank account to PP's I intend on using and keeping. However, i do not intend on losing accounts... ever!

Anymore, PP seems to want to phone verify everyone when adding any type of bank account. Keep those phones active people!

rsot 03-08-2015 01:53 AM

Re: Should or should not use VBA for Paypal?
 
Quote:

Originally Posted by slokor (Post 648377)
If you withdraw to a VBA the withdrawal will be rejected since the VBA will be closed almost immediately after its used.
Since the bank account is closed the funds will be returned to your paypal account and youll get a message from paypal telling you the bank account has rejected the withdrawal and as a result the bank account has been removed from your account - leaving your account in unverified state.
In addition itll be a major red flag against your account. A bad situation all around and not worth the trouble.

Sometimes the bank account is actually left open and withdrawal will go through but you will not have access to the funds....very bad situation if it happens

Productions 03-10-2015 02:12 AM

Re: Should or should not use VBA for Paypal?
 
Quote:

Originally Posted by slokor (Post 648377)
If you withdraw to a VBA the withdrawal will be rejected since the VBA will be closed almost immediately after its used.

Why would the VBA be closed? Isn't this just one of the online banks that you are registering to get an online bank account? Are you guys registering for one online and then closing it? Or is this something you're buying from someone on the forums that are selling disposable VBAs (if there is even such a service)?

two3aight1 03-15-2015 07:30 PM

Re: Should or should not use VBA for Paypal?
 
Their not going to tell you the source of the vba's..

glacier922 03-15-2015 07:37 PM

Re: Should or should not use VBA for Paypal?
 
Also, if you purchase VBAs, just remember that there is a chance that your account get limited right away. It just happens, so when you purchase a VBA, just add the actual price you pay for up front for the VBA with a certain percentage of VBAs that will limit your acct. It happens sometimes, and it is something to expect.

MM78 03-15-2015 07:45 PM

Re: Should or should not use VBA for Paypal?
 
Quote:

Originally Posted by Productions (Post 648891)
Why would the VBA be closed? Isn't this just one of the online banks that you are registering to get an online bank account? Are you guys registering for one online and then closing it? Or is this something you're buying from someone on the forums that are selling disposable VBAs (if there is even such a service)?

I don't think you have a grasp with what a VBA is, or what it's used for. First, A VBA is ONLY used to Verify your PayPal...that's it, it doesn't do anything else.

Second, You don't withdraw to a VBA, Once your ready to get your funds....you add a REAL Bank Account. If you try to withdraw to a VBA, the funds will either disappear OR they will get bounced back which cause some issues.

Third, VBA's are used only ONCE, so in essence they are disposable.

Now, if you believe there is another type of VBA available then please share.

Nephilim 03-15-2015 09:24 PM

Re: Should or should not use VBA for Paypal?
 
VBA's are just intended for verification, nothing more. You need to add your own bank account if you want to get funds out and have access to them.


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