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ING Suspended me - Anyone else had this problem??
 

ING called me today and notified me that I had been suspended. They didn't like the fact that I had multiple accounts receiving deposits from different names via Paypal deposits. They can see the name of the deposit coming from Paypal. Has anyone else had this problem and how do you avoid this?

Is there a better service I can sign up for where I won't run into this?

Yep happended to me about 2 weeks ago same thing they didnt like that i was haveing deposits comeing in in dif names and they said i could'nt open another ing account *******s any way but im thinking of opening one in my g/f's info and try again and only way i can see to avoid it is use the real name on all the paypal accounts good thing my g/f has a common name so it wont be to bad.

The FACT that ING bank account are a major problem has been posted on this forum MANY times.
This is not new news.

Get Bank Of America accounts.
You can sign up for them online.
They allow you the have deposits come to your account in any name that might be on your Paypal account.
Wells Fargo is the same way.

Does Bank of America allow you to have multiple savings accounts linked to one account like ING does or do you have to open each one up individually?

You have to open each individually, and if you wish to close one you have to contact the bank to do it, but generally they will close your account in 3-5 days.

Basically what you do is create the bank account, add it to Paypal for verification, and then immediately file a closure request. The deposits will come in on day two, and on that day you need to get the Paypal deposits out since they cannot close an account with funds in it. The next day, the account should close, and you will be fine.

Now, I have just told you one of my methods to do things - the other members on this forum will not be as lenient. You guys actually need to start doing your research on this forum before posting the same problems/questions OVER AND OVER AGAIN.

For the life of me I can not figure out WHY anyone wants to use a bank account that you can not make deposits into.

Once again you folks are making a simple process into WAY more than it needs to be.
Just open a account at a bank that lets you make deposits.

Why would you want to move your money from 1 Paypal account into another Paypal account.
You pay more fees and your accounts pop up more Paypal system flags.

Just do it the SIMPLE way and you will have LESS problems in the long run.

Exeneva use's the plug-in to get money out of paypal no need to have a bank account other then that reason and in order to use the plug-in u got to have a verfied bank account on file. BTW jadester714 how much money did u lose when they suppended the account? I loss $30 when they closed mine and they never sent it to me.

So with BOA you can open pretty much unlimted amounts of bank accounts as long as you close them shortly after and just use it to verfiy bank only? Also i found a severice online that charges $20 to do this i guess it won't be to bad if u had no other way of getting a verfied bank for Pp.

What is the point of just using the bank accounts to get verified with Paypal? I want to make WITHDRAWALS to the bank accounts like I did with ING.

I just signed up with BofA and they said they would get back with me in 2 business days. Is this a norm?

This is why I asked about another bank that offered a sub account service like ING. I never have to wait extra days to open new accounts with them since they are connected to a main account.

Has anyone tried using Comerica bank yet?

^^^^^^^^
Yes on BOA....
You have to wait a few days every time you open a account.
I opened 3 last week and have not even used them yet....
But that are sitting there waiting on ME. I am not waiting on them.

The big problem I see here is a lot of folks are NOT planning ahead.
They are waiting it right now and that is NOT a good way to go about it.
.
.

I'm usually all about planning ahead. I have 30+ ebay accounts opened and aging right now...

The problem is that I have used ING without a problem since this summer. Now, I am looking into new options. I never even knew there was a problem using ING.

HERE WE GO AGAIN: You are very responsive and I appreciate that. I do have a question for you. When you open up the BofA accounts, do they just clear you after 2 days or do you have to fill out information to fax in?

Sorry if I did not make myself clear. I use the Plugin method to get my money out, simply because I find it faster.

And with BOA i bet if u open 30 accounts in 6 months it will probly flag there system and they will start asking ?'s

Open the first one in person at a local BOA branch.
THEN open the rest online.
They are valid working accounts in about 2 days.
They mail you a piece of paper to sign as a signature card and you mail it back.
This happens after you account is valid and running.
No big deal.

That could be a problem if u dont have any BOA's where you live.

Closet to me is a 48 mile drive.

Then you can open the first one online.
It is just 100 times easier to do the first one in person.

Bank of America is not nearly as smooth to operate as ING. I don't know what you guys are talking about. I finally got an account activated with them. I did successfully open 2 more accounts. Ever since then, they keep sending this message:

Dear XXXX XXXX:


Your online deposit application has been withdrawn for one of the following reasons:

Regular Savings

* We received your request to withdraw the application
* Multiple applications for the same product were received
* No funding information was provided for a Certificate of Deposit
* You opened a similar account in a Banking Center since the time of application

If you would like us to continue processing the application or have additional questions, service representatives are available to assist you:

*********************************************

What is the point of using Bank of America if you can only open a few accounts? Many of us need dozens.

I have been using BOA for my bank accounts for over 2 years.
I have NEVER had any issues with this bank.
Did you open your 1st account in person or online?
How did you fund you new account?
Was it a checking or saving?

wow thats crazy so there pretty much closeing the accounts u made with them? i dont think i will use BOA unless i have no other opition. And you know jadester714 there are a bunch of debit cards out there that can be used on paypal as a bank. Im useing one now i have 8 debit cards with them seems theres no limt on how many u get like me i order one every week and keep them as backup to use on paypal for a bank.

jadester, something is going on that you're not telling us, because I've used them and I've never had any issues with them.

I will 2nd that.
There is a issue somewhere else other than BOA.
There is NOT a problem with BOA and eBay/Paypal.
This combination has worked flawlessly for me for over 2 years.
And I have had 15-20 checking accounts with them just this past year.

I will third that. Still wondering why the OP has not considered a merchant account? I recall asking B4 but never had an answer.;)






*4

Just to END the Jadester714 miss information that is being posted everywhere......

There is NOTHING wrong with Bank Of America.
It works just fine for 98.7% of the people who use them CORRECTLY for their Paypal accounts.
Personally I use them EVERYDAY to accept deposits from my many Stealth Paypal accounts.

No matter what anyone here tries to tell you...
ING does NOT work with Paypal to accept deposits from a Paypal Stealth Account.

What banks work with Stealth?
Bank Of America
WAMU
Wells Fargo

I know these work from personal experience.

HERE WE GO AGAIN:

Show us where you are getting your 98.7% stat from? Cite your source?

I used ING from June 2008-Nov 2008 on over 30 ebay accounts without a problem up until November. In November 2008, they told me that my account was suspended because they didn't feel comfortable with the amount of accounts I had and how each one had a different name on the Paypal deposits.

I lasted less than a month on Bank of America with 9 accounts.

That is my experience and it is 100% factual. It is quote foolish to get in my business when you are completely ignorant of the facts of my situation. Thanks for your consideration.

My oh my.....

Ing bounced me for too many failed withdraws for ebay fees and too many different names on the PP accounts, ING is a dead issue now, I use BOA, no problems, I use DBA checking accounts, no problems as of yet.

Houston, we have a problem. And it is not ING or BOA.:rolleyes: Sadly the
main protaganist thinks they are correct.

DBA what is that

So you opened 9 accounts in less then a month?
Looks like money laundering to the bank.

That is your problem NOT Bank Of America

Doing Business As .. or something like that

First off, you didn't respond and backup your 98.7% stat you keep posting everywhere.

Secondly, you don't know what you are talking about. Manuel from the Risk Closure Dept at BofA told me my accounts were closed due to the amount of accounts opened in a short period of time plus the NAMES were not matching up with the deposits. Anyone can reach him at 877-240-6886 at Bank of America and verify they flag this.

I think the bottom line here is that if one of these banks actually reviews your accounts and sees different names + a lot of accounts there is a good chance they will close your accounts. These boards are for people to share their experiences with Paypal, eBay, etc related issues. Just because one person's experience does not match up with yours it doesn't mean you have to be rude and belligerent.

That is what I have been saying for 2 days.
But I don't know what I am talking about.

So you need to take your little post count of 47 and learn how to LISTEN to people here trying to give you advice.
As well as the MODERATORS.

By the same token, jadester, you do not need to come to the forum moaning about your bad luck with your own inept business practises. I will say the following: the thread title can be changed if deemed unfit for the forum. (incidently not done by me)
Do not insult my itelligence by saying you run over $40,000 through ebay accounts and do not know how to set yourself up to run same accounts smoothly. I do not even LIVE in the USA now and I know about the Patriots Act as regarding banks and money.

I can honestly say that I have tried to help you about using paypal by saying not to use it. You claim to have never been aware that I did.Have a creditbilty problem now with you,tbf.

You don't read very well. Manuel very specifically mentioned THE DIFFERENT NAMES ON THE DEPOSITS that were coming in. I find it funny how you only read and highlight the portions that fit your talking points. Call him up and talk to him. I didn't make the rules at BofA

Greenbean, what seems to have you so upset? I thought this was a place to come and share your frustration and experiences with eBay/Paypal? I already told you that I couldn't get qualified for a Merchant Account for the amount of money I needed. That is why I use Paypal. My "business practices" aren't really the problem here. Just adapting to the ever changing eBay/Paypal rules and landscapes is what slows me down sometimes.

I wasn't sure which ING thread to post this in - so I'll post it here.

I'm not surprised that people are having problems using ING with Paypal.

I was told by ING customer service back in 2002 that "we don't work with Paypal".

Here is my brief but informative story:

Back in 2002 I had my original Paypal business account.

Account was in my name, my SS was entered for the discount processing rate and the money market fund. I did not use this account on Ebay at all ever, I collected payments on my own website. I did not do any "stealth" activities at all.

I also had an ING savings which was about 8 months old. ING account was also in my own name, own SS number.

I used to get Amazon.com payments in the ING account and decided to use it to collect PP payments too.

I entered the ING account into Paypal and verified with the two small deposits. So far, so good.

Then I sent my Paypal funds to the ING account. Five days, six days, seven days passed. The funds never showed up.

I called ING - they told me they rejected the deposit because "they don't do Paypal". I asked for clarification. They told me they just don't deal with them, period.

BOTH MY PAYPAL AND ING WERE IN MY SAME NAME - MY REAL NAME The issue was not that my name was different. The issue was that ING simply didn't want to deal with Paypal, according to what I was told.

So, it doesn't surprise me at all that today, in 2008 & 2009, people are still having issues using ING and Paypal, esp when names aren't matching up.


BOA on the other hand, I have no issues with. I currently use a BOA account for Paypal (names are the same on both accounts) I also get direct deposits from two other processors in the BOA account.

One processing acct has my business name and the BOA acct is in my personal name and I have never ever had a deposit rejected for that reason or any other reason.

^^^^^^^^^^
eseller I have been trying to explain this to people for months but no one wants to listen.
Some folks here use ING to just verify their Paypal account and do not send deposits to ING for their withdraws.
They are the minority that has chosen to do things the hardest possible way they can find.
But that is their choice.

Thank you for backing up my rant about how ING is NOT Paypal friendly.
Bank Of America is the current way to go.
You can add your BOA account to Paypal, verify your PP account AND send deposits to your BOA account in any name you might have on your PP account.
BOA just let them be deposited into your account with no questions or issues.
I have MANY stealth account depositing onto BOA all the time.
And these are Paypal accounts, Amazon accounts, Google Checkout accounts.
ALL deposits and no problems..... You gota love it.

I specifically asked BOA twice if they verified direct deposits by name and they said yes, that if the name on the direct deposit does not match the account and routing # then it will get rejected....or are we not even talking about DD at all?

Miami, ANY bank staff will tell you that. Does not matter if you are in the USA,UK or Australia. But because of the sheer volume of deposits,99% made under our needs go through fine.

Would you believe something someone told you at a bank that might make $6.50 a hour?
That has NO personal experience in the situation?
That is telling you what they read in their employ Manual?
OR

Would you believe the people here who live and fight in the trenches everyday.
I am speaking from 2 years of experience.

You pick who you truly want to believe.

Yes, exactly! Of course they will say yes, the names must match...but if you are not raising red flags by opening 15 checking accounts with the same bank on the same day and other things of that nature, the reality is (in my opinion and based on my experience :D) every ACH deposit that comes in daily is NOT BEING CHECKED!

Calling and asking that question alone might raise a red flag.

The better thing to do is to conduct business in a way that is normal and won't make you look like a money launderer - reason it out.