Bank Account - 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 05-20-2015
Junior Member
 
Join Date: Apr 2014
Posts: 8
Thanks: 2
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 43%
iTrader: (0)
Default Bank Account

I have a bank account that has never been linked to any paypal accounts. The only concern is that its a business bank account. Is that okay to link with a new stealth account or should I open up a different bank account?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 05-20-2015
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,219
Thanks: 895
Thanked 4,061 Times in 2,168 Posts
Activity: 0%
Longevity: 75%
iTrader: (12)
Default Re: Bank Account

Business accounts are actually BETTER than personal accounts. In fact, you could set the new account up as a business account. They tend to be stronger that way. Not BULLETPROOF, you understand, but stronger. The same rules apply in that it cannot be linked to another account, etc.
Reply With Quote
The Following 2 Users Say Thank You to jeffweico For This Useful Post:
glennk93 (05-20-2015), MM78 (05-20-2015)
  #3  
Old 05-20-2015
Junior Member
Threadstarter  
 
Join Date: Apr 2014
Posts: 8
Thanks: 2
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 43%
iTrader: (0)
Default Re: Bank Account

Thanks jeff thats definately good to hear. I bought a stealth account already and the paypal is a personal account I can just switch it to a business right and it wouldnt cause anything bad to happen?
Reply With Quote
  #4  
Old 05-20-2015
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 8,485
Thanks: 286
Thanked 1,974 Times in 1,449 Posts
Activity: 99%
Longevity: 88%
iTrader: (89)
Default Re: Bank Account

If I were you I would not add that bank account at first. I would opt for buying a VBA and attaching that instead - at least until I knew for a fact the account is working well. Once the account is up and running and activity is showing and all is well - then you can add your own account.
Just safer to do things that way since if anything goes wrong you 'burn' your own bank account which is a shame. A VBA is cheap enough to buy to protect your long term investment.
Reply With Quote
The Following User Says Thank You to slokor For This Useful Post:
jeffweico (05-20-2015)
  #5  
Old 05-20-2015
Junior Member
Threadstarter  
 
Join Date: Apr 2014
Posts: 8
Thanks: 2
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 43%
iTrader: (0)
Default Re: Bank Account

Quote:
Originally Posted by slokor View Post
If I were you I would not add that bank account at first. I would opt for buying a VBA and attaching that instead - at least until I knew for a fact the account is working well. Once the account is up and running and activity is showing and all is well - then you can add your own account.
Just safer to do things that way since if anything goes wrong you 'burn' your own bank account which is a shame. A VBA is cheap enough to buy to protect your long term investment.
Okay that sounds reasonable. You have a VBA you would recommend?
Reply With Quote
  #6  
Old 05-20-2015
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 8,485
Thanks: 286
Thanked 1,974 Times in 1,449 Posts
Activity: 99%
Longevity: 88%
iTrader: (89)
Default Re: Bank Account

There are a couple of sellers in the seller section that sell them. See what they say and what they have available.
Reply With Quote
  #7  
Old 05-20-2015
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,219
Thanks: 895
Thanked 4,061 Times in 2,168 Posts
Activity: 0%
Longevity: 75%
iTrader: (12)
Default Re: Bank Account

I agree with Slokor. Once the account is on solid ground, THEN would be the time to switch.
Reply With Quote
  #8  
Old 05-20-2015
Junior Member
Threadstarter  
 
Join Date: Apr 2014
Posts: 8
Thanks: 2
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 43%
iTrader: (0)
Default Re: Bank Account

Now instead of buying a VBA account, couldn't I just simply open a new personal bank account for free?
Reply With Quote
  #9  
Old 05-20-2015
MM78's Avatar
Executive [VIP]
 
Join Date: Sep 2010
Posts: 14,134
Thanks: 1,107
Thanked 4,821 Times in 3,332 Posts
Activity: 2%
Longevity: 71%
iTrader: (4)
Default Re: Bank Account

Quote:
Originally Posted by glennk93 View Post
Now instead of buying a VBA account, couldn't I just simply open a new personal bank account for free?
You could, but if your EBay/PayPal accounts for some reason doesn't make it (get banned/perm limited) then you just wasted a perfect account. The idea is not let go to waste bank accounts.
Reply With Quote
  #10  
Old 05-20-2015
jeffweico's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 7,219
Thanks: 895
Thanked 4,061 Times in 2,168 Posts
Activity: 0%
Longevity: 75%
iTrader: (12)
Default Re: Bank Account

Quote:
Originally Posted by glennk93 View Post
Now instead of buying a VBA account, couldn't I just simply open a new personal bank account for free?
To most of us, it is preferable to waste a VBA rather than a real account. Because, while VBA's may cost a few bucks, it is better to lose the few dollars than to have to go through the hassle of opening a new account. But you certainly COULD do so. If you go that route, and the account stays open, then you could continue using that account.
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


Similar Threads
Thread Thread Starter Forum Replies Last Post
adding personal bank account to stealth bank account ftf101 PayPal Talk 10 04-19-2015 02:10 AM
Does Paypal dip into Bank Account to recover funds, if Bank Account has 0 money? mercurial333 Subscriber Discussions 7 01-02-2014 02:00 PM
opening a new bank account with the traditional bank for eBay seller account emceeaye PayPal Talk 23 07-25-2013 07:57 AM


Aspkin Group

All times are GMT -5. The time now is 02:44 AM.


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