Should or should not use VBA for Paypal? - 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 03-05-2015
Member
 
Join Date: Feb 2015
Posts: 87
Thanks: 4
Thanked 14 Times in 12 Posts
Activity: 0%
Longevity: 36%
iTrader: (0)
Default 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...
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 03-05-2015
JamesNorth101's Avatar
Super Moderator
 
Join Date: Apr 2013
Posts: 17,423
Thanks: 1,433
Thanked 4,393 Times in 3,418 Posts
Activity: 55%
Longevity: 51%
iTrader: (358)
Default 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.
Reply With Quote
  #3  
Old 03-05-2015
MM78's Avatar
Executive [VIP]
 
Join Date: Sep 2010
Posts: 14,135
Thanks: 1,107
Thanked 4,813 Times in 3,331 Posts
Activity: 1%
Longevity: 71%
iTrader: (4)
Default 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.
Reply With Quote
  #4  
Old 03-05-2015
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 58,507
Thanks: 4,632
Thanked 7,139 Times in 6,505 Posts
Activity: 100%
Longevity: 77%
iTrader: (7)
Default Re: Should or should not use VBA for Paypal?

Remember that you must NOT withdraw to a VBA
Reply With Quote
  #5  
Old 03-07-2015
Junior Member
 
Join Date: May 2014
Posts: 136
Thanks: 103
Thanked 8 Times in 8 Posts
Activity: 0%
Longevity: 42%
iTrader: (-1)
Default 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?
Reply With Quote
  #6  
Old 03-07-2015
miketyson's Avatar
Senior Member
 
Join Date: Jul 2013
Posts: 745
Thanks: 106
Thanked 153 Times in 113 Posts
Activity: 1%
Longevity: 49%
iTrader: (0)
Default 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.
__________________
Everyone got a plan until they get punched in the face.
Reply With Quote
The Following 2 Users Say Thank You to miketyson For This Useful Post:
Productions (03-10-2015), rsot (03-08-2015)
  #7  
Old 03-07-2015
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 8,274
Thanks: 283
Thanked 1,937 Times in 1,421 Posts
Activity: 98%
Longevity: 88%
iTrader: (89)
Default 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.
__________________
USA SELLER ACCOUNT EXCLUSIVES: 1,000/$100,000 AND 5,000/$500,000 - AGED!
ENTER MY STORE OR CONTACT ME
Reply With Quote
The Following User Says Thank You to slokor For This Useful Post:
Productions (03-10-2015)
  #8  
Old 03-08-2015
bjammin's Avatar
Executive [VIP]
 
Join Date: May 2013
Posts: 2,154
Thanks: 393
Thanked 708 Times in 443 Posts
Activity: 15%
Longevity: 50%
iTrader: (75)
Default 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!
Reply With Quote
The Following User Says Thank You to bjammin For This Useful Post:
Productions (03-10-2015)
  #9  
Old 03-08-2015
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 58,507
Thanks: 4,632
Thanked 7,139 Times in 6,505 Posts
Activity: 100%
Longevity: 77%
iTrader: (7)
Default Re: Should or should not use VBA for Paypal?

Quote:
Originally Posted by slokor View Post
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
Reply With Quote
The Following User Says Thank You to rsot For This Useful Post:
miketyson (03-08-2015)
  #10  
Old 03-10-2015
Junior Member
 
Join Date: May 2014
Posts: 136
Thanks: 103
Thanked 8 Times in 8 Posts
Activity: 0%
Longevity: 42%
iTrader: (-1)
Default Re: Should or should not use VBA for Paypal?

Quote:
Originally Posted by slokor View Post
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)?
Reply With Quote
  #11  
Old 03-15-2015
Junior Member
 
Join Date: May 2014
Posts: 128
Thanks: 32
Thanked 34 Times in 21 Posts
Activity: 10%
Longevity: 42%
iTrader: (0)
Default Re: Should or should not use VBA for Paypal?

Their not going to tell you the source of the vba's..
Reply With Quote
  #12  
Old 03-15-2015
glacier922's Avatar
Executive [VIP]
 
Join Date: Aug 2013
Posts: 2,109
Thanks: 669
Thanked 259 Times in 208 Posts
Activity: 30%
Longevity: 48%
iTrader: (0)
Default 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.
Reply With Quote
  #13  
Old 03-15-2015
MM78's Avatar
Executive [VIP]
 
Join Date: Sep 2010
Posts: 14,135
Thanks: 1,107
Thanked 4,813 Times in 3,331 Posts
Activity: 1%
Longevity: 71%
iTrader: (4)
Default Re: Should or should not use VBA for Paypal?

Quote:
Originally Posted by Productions View Post
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.
Reply With Quote
The Following User Says Thank You to MM78 For This Useful Post:
miketyson (03-17-2015)
  #14  
Old 03-15-2015
Nephilim
 
Posts: n/a
Activity: 0%
Longevity: 0%
Default 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.
Reply With Quote
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



Aspkin Group

All times are GMT -5. The time now is 02:00 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